This week, one of Nigeriaâ€™s leading property developers, Nedcomoaks, signed a Memorandum of Understanding (MoU) with Forte Oil.
The details of the MoU ensure that homes sold by Nedcomoaks are fully fitted with Forte Oilâ€™s â€˜Green Energyâ€™ solution for medium income earners.
â€˜Green Energyâ€™ is a solar power solution that comes with four panels, four 100 amps and 12 volts batteries. The 1.5 KVA solar panel is sold at a unit price of N700,000 by Forte Oil, but will be available for free for every home bought from Nedcomoaks, which has a gallery of bespoke suits for sale in the Lekki-Chevron axis.
â€œThis is a remarkable day for us as a company,â€ Chief Executive Officer at Nedcomoaks, Kennedy Okonkwo, said during the MoU signing, which was held on one of the companyâ€™s properties in Lagos. â€œWe have been existing for 10 years within the Lekki axis and power generation has always been a major issue when we deliver homes to clients. Over time, we have tried several energy solutions and at a point we got fed up.â€
But that frustration ended when Nedcomoaks was approached by Forte Oil. â€œThe product is good,â€ Okonkwo said. â€œWe have tested and you can be guaranteed of its quality. It can be good for all real estate developers nationwide.â€
Nedcomoaks, which has a mission statement â€œto be an innovative market leader in the business of providing affordable housing solutions that exceeds customer expectations, whilst recognising our employees as our single most important assetâ€ is currently offering apartments for sale in Chevron, Lafiaji, Ikate/Elegushi, Ajiran, Oral Estate, Ikoyi, Ologolo, all within Lagos.
â€œThe vision was to build a company that would be a market leader in property development and management in Africa,â€ Okonkwo has said. â€œAnd this company is living that vision with the projects that we are doing.â€