1. MEDIA RELEASE
FOR IMMEDIATE CIRCULATION
FORTHRIGHT PROPERTIES LIMITED REAFFIRMSCOMMITMENT
TO REDUCING NIGERIA’S HOUSING DEFICIT
LAGOS, 3rd March, 2015: Forthright Properties Limited, owners of Forthright Gardens
and one of the leading Property and Real Estate industry players in Nigeria has reaffirmed its
commitment to reducing Nigeria’s housing deficit. This was expressed by the company, when
it flagged off the project and sales of Forthright Gardens Annex; a serviced-plot estate
located at Km 14, Lagos-Ibadan Expressway, behind Punch Place, Magboro recently in
Lagos.
Speaking on the flag-off, Managing Director, Forthright Properties Limited, Mr. Isaac
Akintoye said, “we intend to reduce Nigeria’s housing deficit by supporting the government
in its effort to provide standard and pocket-friendly housing to Nigerians.” He also assured
prospective buyers and investors of absolute value for their money, adding that they stand to
enjoy services and facility such as: global C of O, 24Hrs security by well-trained officers,
perimeter fencing and gate, road network and drainage, serene and beautiful landscape,
dedicated transformer, flood/security lighting, ample parking facility, intercom system linked
with the estate security post, active recreation/green area, standard plots, mortgage facility
and instalment, among others.
According to Akintoye, Forthright Gardens Annex is the second phase of the Forthright
Gardens project (first phase) which recorded a huge success and patronage from Nigerians.
He said, “the scheme is situated around major landmarks such as: Punch Newspaper
Headquarters and Gateway City Estate, just to mention a few. In addition to the earlier-
mentioned benefits, buyers would be given Purchase Receipt, Deed of Assignment and
Survey Plan.” He added that, “Forthright Gardens Annex is a 7minute-drive from Lagos
old toll gate along Lagos-Ibadan expressway, thus, making it an annex of Lagos, which is
currently undergoing massive development.”
Akintoye also stressed that, “Forthright Properties Limited has a growing capacity to
contribute its quota to meet the housing demands of Nigerians, as it is evidently clear that
government alone cannot meet this. To this end, we are promoting construction of more
housing units for Nigerians.
End