Affordable mass housing: ULDA organized business meeting

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Universal Learn Direct Academia ULDA, a leading vocational training centre in Nigeria and in diaspora hold her first business meeting in order to establish a cooperative that we provide solutions to housing deficit in Nigeria.

The event that took place on Saturday at ULDA-BOSCH Training suite, ULDA Campus, Ikeja was well attended by people of like minds who are willing to invest in real estate to solve the challenge of housing deficit and to build the society. Members of faculty of the academia were also not left behind as they also graced the occasion. Members of faculty who present at the meeting include Alhaji Lookman Garu, CEO, Garu Technologies (Nig) Ltd and Director, International Relations (Asia/Far East Affairs); Engineer Olawunmi Gasper, president of the academia board; Engineer Tunde Faleye, Dean of faculty; Mr Sam Koya, Director International Relations (America and Europe); Mr Yemi Oresanya, HOD, plumbing/Assitant Dean; Mr Segun Babarimisa as well as Mr Damola Adenle, HOD, media.

The Visioner of ULDA, Mr Gbola Oba while interacting with the participants and prospective cooperators admonished them not to rely on government for all their needs, adding that they should do what they can do in their capacity to build the society. Mr Oba also said about five years ago, he and his team decided to establish a state of the art building and construction company in Nigeria that will tackle the 17 million housing deficit in Nigeria.

“Each cooperators is required to be contributing minimum of #10,000 per month and this is not a cooperative where members are giving loans, all our contribution is meant for housing and construction, he added.”

Mr Oba also said one of the benefits of members or cooperators is that cooperators will be charge 5% interest rate on housing instead of 30% usually charged by mortgage banks.

Mr Sam Joya, Director International Relations (America and Europe), ULDA who had spent most of his life in United States of America said Nigerians are so brilliant and they are best medical practitioners in United States of America. He charged the prospective cooperators to pull resources together in order to move Nigeria to greater height.

Mrs Oyeyinka who was so super excited about the philosophy of the cooperative in particular and the company in general said Mr Oba is a well known person to him and he is a man of integrity and urged the people not to afraid that they are in safe hands, adding that her son and his friends are already members of the cooperative in London. “If Mr Gbola Oba ask me to jump in the lagoon, I will because I trust him that he must have put a net in the lagoon to safe me, she added.”

ULDA was established with aims of setting the operating standard and the high mark of global best practises and excellence in Nigeria’s building and construction trades.


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