Wemabod real estate outlook: Osinbajo, stakeholders push PPPs, land reform for inclusive housing
L-R: Engr Nureni Adisa, Wemabod Limited Chairman, Otunba Bimbo Ashiru, Group Chairman, Odu’a Investment Company Limited, Prof Yemi Osinbajo, Former Vice President and Keynote Speaker, Mr Abdulrahman Yinusa, Group Managing Director, Odu’a and Mr Bashir Oladunni, Managing Director, Wemabod Limited at 2026 Real Estate Outlook, Oriental Hotel, V.I, Lagos
Nike Popoola
Former Vice President, Professor Yemi Osinbajo, has called for a regional housing framework anchored on well-structured public-private partnerships (PPPs).
Osinbajo made the call while delivering the keynote address titled “From Bodija to the Future: Unlocking Land and Infrastructure for Inclusive Housing – A Regional Agenda,” at the Wemabod 2026 Real Estate Outlook held in Lagos on Tuesday.
Themed “Unlocking Land and Infrastructure for Inclusive Housing: A Regional Agenda for Sustainable Urban Growth,” the forum brought together policymakers, financiers, developers, regulators and industry experts to chart solutions to Nigeria’s housing deficit.
He said that inclusive and sustainable housing delivery in Nigeria will remain out of reach without coordinated land governance, infrastructure planning and integrated housing development.
Osinbajo urged the government to deliberately combine its control of land and infrastructure with private sector capital, efficiency and execution capacity to unlock affordable housing at scale.
“You cannot unlock inclusive housing if land, infrastructure and housing are treated as separate conversations. Housing is not simply a commodity for those who can afford it. It is the cornerstone of socio-economic transformation,” he said.
In his welcome address, Chairman of Wemabod Limited, Engr. Nureni Oladipo Adisa, described the theme as a call to action, stressing that rapid urbanisation, housing inequality and infrastructure gaps require strategic land use and integrated infrastructure planning.
He said sustainable growth depends on synchronising housing with transport, energy, water and digital networks, while urging strong public-private collaboration and innovative financing.
Managing Director of Wemabod, Bashir Oladunni, noted that the platform has grown from 150 participants in 2023 to over 2,000 stakeholders, reflecting rising industry trust.
He identified land access and infrastructure deficits as the sector’s biggest constraints and highlighted the role of Regional Development Commissions in aggregating land, coordinating infrastructure and de-risking large-scale housing schemes. He advocated shifting development to well-planned regional corridors to deliver scalable and affordable communities.
Group Chairman of Odu’a Investment Company Limited, Otunba Bimbo Ashiru, said housing sits at the intersection of economic inclusion and social stability, calling for reforms in land administration, titling and governance to restore investor confidence. He emphasised that real estate growth must be driven by systems thinking rather than isolated projects.
Also speaking, Odu’a Group Managing Director, Abdulrahman Yinusa, said that real estate development must create lasting social and economic value beyond commercial returns.
