The Mortgage and Real Estate Academy says it is set to host its ‘First Award of Excellence’ for practitioners and professionals as part of its commitment to fostering rapid development in the housing sector.
The MORE Academy, a public-private partnership between the Centre for Management Development, a parastatal of the Federal Ministry of Budget and National Planning, and Western Atlantic Corporation Limited, said in a statement that the event would take place in October.
It said the annual award ceremony was conceptualised to encourage healthy competition and the drive for quality housing delivery to meet the huge shortfall in supply in Nigeria.
The Chairman, MORE Academy, Dr Adejuwon Akinfolurin, stated at a press conference in Lagos, “The country has been facing serious residential housing deficit, which is affecting the quality of life and living standard in Nigeria.”
Akinfolurin, however, stated that the President Muhammadu Buhari administration had been doing a lot to encourage stakeholders in the industry to enhance their capacity to produce more affordable houses for the populace in order to reduce the shortfall.
He said, “There has also been a lot of improvement in recent years in the types, quality as well as innovative standards occasioned by technology to deliver better quality housing for Nigerians.
“As a support service institution with a major responsibility to provide the needed capacity building for the industry, MORE Academy has come up with the ‘First Award of Excellence’ for 2018 to also encourage and promote healthy competition among stakeholders and provide a platform that will motivate them to do more for the industry.”
He noted that the academy would not just give out awards, adding, “We are producing for the industry a compendium, a 160-page document, to celebrate not only the awardees, but the entire industry.
“The compendium will be a document of enduring value that will be used to showcase the activities and achievements of the industry on a yearly basis. Our efforts are geared towards providing more opportunities for industry stakeholders to excel and also take advantage of opportunities provided by MORE Academy to train their employees as well as professionals in the mortgage and real estate industry in order to avail themselves of the world-class training modules offered by our academy.”