Adbond Harvest and Homes, an agro-to-home real estate firm, says it is committed to sustainable farming practices to ensure food security and provide affordable housing.
The company made the commitment in commemoration of its 8th anniversary on October 20, 2024.
The statement comes at a time of economic hardship occasioned by several government policies as Nigerians strain over the high cost of food amid rising inflation.
Although the federal government has recently announced the suspension of duties, tariffs, and taxes on the importation of food commodities to mitigate the impact of the high food prices, housing deficit is still a major challenge in the country.
On October 9, Ahmed Musa Dangiwa, the minister of housing and urban development, had said an annual spend of N5.5 trillion would be required to build about 550,000 housing units annually over the next 10 years to solve the problem in the country.
Speaking at the event, Oluwagbemiga Adekoya, Adbond’s founder and chief executive officer (CEO), said his company’s efforts would complement the initiatives of the authorities, thereby “promoting sustainability and national development”.
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“We’re revolutionising the real estate and agricultural sectors with innovative Agro-to-Home concept. Established eight years ago, Adbond has carved a niche by offering clients a unique opportunity to invest in agricultural land that will be transformed into residential properties, providing a dual benefit of food security and real estate equity,” Adekoya said.
“With over 1,000 acres of land sold to date, we have gained a strong reputation for trust, excellence, and transparency. The company’s agricultural projects, managed by expert “Agro Developers,” are focused on maximising land productivity.
“Adbond’s commitment to sustainability and national development is evident in its efforts to promote sustainable farming practices, ensure food security, and provide affordable housing.”
The CEO said the real estate firm has made significant investments in youth empowerment in a bid to curb unemployment in Nigeria’s most critical demographics.
“Through its e-staff initiative, the company has enabled over 2,000 virtual staff from around the world to contribute to its operations,” Adekoya said.
He added that Adbond is actively engaged in empowering Nigerian youths through programmes that target the National Youth Service Corps (NYSC) camps in four states, providing valuable insights and investments opportunities to young graduates.
