‘ATCO Homes is recognised for integrity, fair engagement’ – Bartholomew Egbochie

ATCO Homes, a leading real estate firm with sprawling portfolios in the Ibeju Lekki area of Lagos, reaffirmed its commitment to ensuring the government’s agenda of providing quality housing for the growing population is met. The business, through its Chief Executive Officer (CEO), Bartholomew Egbochie, during a business call over the weekend, recounted its industry accomplishments and growing investors’ confidence in its portfolios.

The well-respected CEO, who is also a UN Peace Ambassador, stated that growing urbanisation and trends in smart homes are driving up demand for housing in Nigeria’s biggest city. He noted that while the government is delivering policies that are making land acquisition more accessible, private businesses continue to channel investments into expanding access to quality homes to bridge the housing deficit in the country.

“The government has been impressively responsive to the challenges of rapid urbanisation. For instance, in Lagos, the state government allocated N482.86 billion and N550.69 billion in 2023 and 2024 budgets, respectively, to enhance transportation through projects like the Red-Blue rail line and the Fourth Mainland Bridge. As well, the government keeps fostering support for the real estate sector through Public-Private Partnerships (PPPs) and regulatory frameworks via LASERA.”

Citing its global and local recognitions, such as the UK-based International Property Awards and Businessday Newspaper’s Business Leadership Award, amongst others, Egbochie said ATCO Homes continues to grow stronger based on its commitment to integrity and fair engagement with clients, government, and the landowner communities.

He stressed that while challenges remain, real estate firms such as ATCO Homes continue to work with key stakeholders to ensure the federal and state governments’ agenda of providing affordable housing for the growing population and legitimate investment platforms for investors are actualised.

On a recent land case involving the Daramola family, the Chief Executive Officer explained, “It is heartbreaking that the family resorted to a smear campaign to stain our business by syndicating communication with false claims and accusations on platforms which lack proper gatekeeping. The documents of our land purchase in 2015 and the original coordinates are available and have been shared with the appropriate authority for fair action. I advise the media to verify claims before publishing news articles indirectly targeted at smearing the image of businesses driving the government growth agenda,” he added.