By Genesis ogiri
Dr. Gbadewole Amos Kayode, Vice-Chairman of REDAN–FCT and Managing Director/Chief Executive Officer of Crown Luxury Properties, has described the 2026 Annual General Meeting (AGM) of the Real Estate Developers Association of Nigeria (REDAN) as timely and impactful, noting that it addressed the most pressing policy and regulatory issues confronting developers in today’s economic climate.
Held in Abuja today, the AGM aligned key stakeholders across the real estate value chain under one roof, providing a strategic platform for developers, policymakers, financial institutions, and regulatory authorities to engage on critical matters shaping Nigeria’s housing and property sector.
The event was graced by His Royal Majesty, Oba Akintoye Adeoye, National President of REDAN; Alhaji Shehu Usman Osidi, Director/Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN); and Mr. Innocent Chinyere Ohagwa, President of the Chartered Institute of Taxation of Nigeria (CITN).
Speaking at the event, Dr. Amos highlighted the AGM’s focus on emerging tax policies and their direct impact on real estate development. He emphasized that understanding these policies is now essential for developers to ensure project feasibility, optimize costs, and secure long-term returns on investment.
He lauded the presentation by the Chartered Institute of Taxation of Nigeria (CITN), noting that clarity on tax instruments—including stamp duties, capital gains tax, corporate income tax, and value-added tax—is indispensable for sustainable and competitive operations. “The insights shared today equip developers with the knowledge to navigate statutory obligations responsibly while maximizing operational efficiency,” Dr. Amos said.
Beyond taxation, Dr. Amos underscored the importance of institutional collaboration, highlighting the participation of FMBN as a key step toward expanding access to housing finance and deepening mortgage penetration nationwide.
Adopting a pragmatic outlook, he noted that regulatory compliance should be seen as a strategic advantage rather than a burden. Developers who proactively align operations with policy realities are better positioned to withstand economic fluctuations, build investor confidence, and scale their businesses sustainably.
He also praised the impressive turnout of developers at the AGM, describing it as a clear indication of growing professionalism, industry cohesion, and collective commitment to sustainable real estate development in Nigeria.
Dr. Amos reaffirmed REDAN’s pivotal role as a platform for policy dialogue, capacity building, and strategic engagement. He stated that the 2026 AGM has reinforced the association’s mission to empower developers with the knowledge, guidance, and insights necessary for compliance, competitiveness, and sustainable growth in the Nigerian property sector.