Institutional stakeholders of the Nigerian built environment have commended Cosgrove Investment Limited for constructing a 1.5km access road to its estate located opposite Maitama Ministers Hill, Abuja.
The stakeholders, who gave the commendation during an opinion poll conducted by our correspondent, unanimously agreed that the execution of capital intensive projects such as roads will add value to properties in the vicinity.
The National President of the Nigerian Institute of Town Planners, Lekwa Ezutah said the initiative will make it easy for residents to easily access the area, a factor he said will improve the development of commerce in the area.
“There is no doubt that a developer who provides access road to his estate has done well because the effort will benefit the community,” he said, adding that the gesture will not go unappreciated by the community.
Indigenous to Nigeria, Cosgrove is the construction industry giant which took the lead to develop the first set of super-smart estates in Nigeria’s Federal Capital Territory. The company has commenced the production of five hundred smart homes in four smart estates within the FCT, with each home featuring the latest innovations in home automation, security and construction technique.
Discussing the development, the president of the Council for the Regulation of Engineering in Nigeria (COREN), Engr Kashim Ali said it is a rare gesture of goodwill especially that only few estates would take it upon themselves to develop good roads, adding that developers who decide to provide roads as efforts in Corporate Social Responsibility must not fall below standard as has done by Cosgrove.
In a related development, the National President of the Nigerian Institute of Building (NIOB) Bldr. Kenneth Nnabuife Nduka, commended Cosgrove for going the extra mile, and explained that “developers who go the extra mile to develop access roads to estates have done well because it will add value to other houses in that area, not only their estates,” adding that provision of access roads is actually supposed to be the responsibility of government.
