Housing as a Pillar of Growth: Key Takeaways from the REDAN 2026 Annual General Meeting
REDAN Sets New Agenda for Nigeria’s Property Sector
The Real Estate Developers Association of Nigeria (REDAN) convened its 2026 Annual General Meeting (AGM) in Abuja to deliberate on the future of the nation’s property sector. The event, held at the Los Angeles Events and Conference Centre in Kado, brought together developers, regulators, and financial stakeholders to establish a strategic roadmap for sustainable urban development and housing delivery.
Strategic Focus on Transparency and Accountability
In his keynote address, the President and Chairman of the Council of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Innocent Chinyere, described the AGM as a critical platform for reflection and accountability. He emphasized that for Nigeria’s real estate sector to achieve long-term growth, stakeholders must prioritize transparency in financing and taxation.
The meeting served as a policy signal, indicating that future developments will be increasingly scrutinized through the lenses of regulatory compliance and fiscal responsibility. Experts at the event noted that decisions surrounding housing finance and affordability will be the primary determinants of the quality of urban development across the federation in the coming years.
The Role of Collaboration in Urban Governance
A significant theme of the 2026 AGM was the necessity of synergy between real estate developers and professional town planners. The Chairman of the REDAN Board of Trustees, Town Planner David Gabuwa, alongside representatives from the Nigerian Institute of Town Planners (NITP), underscored that developers are critical stakeholders in creating inclusive human settlements.
Key highlights regarding industry collaboration included:
Land Use Planning: Ensuring that new projects align with approved urban layouts to reduce conflict and enhance asset value.
Early Engagement: Advocating for developers to consult planning authorities at the project conception stage.
Regulatory Respect: Emphasizing that adherence to development standards is a non-negotiable condition for successful long-term investment.
Navigating Economic Headwinds
Despite prevailing economic and operational challenges, guest speakers commended REDAN’s leadership for its resilience. The association remains a strategic player in national development, particularly concerning infrastructure provision and urban regeneration.
The assembly adopted several resolutions aimed at strengthening organizational effectiveness and operational efficiency. These resolutions focus on streamlining the real estate value chain and promoting professional ethics within the developer community to boost investor confidence.
Outlook for 2026 and Beyond
The meeting concluded with a renewed commitment to addressing Nigeria’s housing deficit through sustainable practices. As REDAN enters this new operational phase, its focus will remain on:
Affordable Housing Delivery: Scaling projects that cater to the mid-to-low income brackets.
Digital Integration: Enhancing transparency in land transactions and project tracking.
Policy Advocacy: Engaging with the government on tax reforms and housing finance mechanisms.
By positioning housing as a pillar of social stability and economic growth, REDAN aims to transition Nigeria’s real estate market from a state of fragmentation to one of coordinated, sustainable development.
