Benue begins 1080-unit Eco City to tackle high rents

The Benue Investment and Property Company Limited (BIPC) on Wednesday commenced the construction of a 1080-unit housing estate in Makurdi aimed at addressing the rising cost of rent in the state capital. BIPC Managing Director, Dr. Raymond Asemakaha, noted during the foundation laying ceremony at the former BBL Quarters that the project, known as Eco […]

The Benue Investment and Property Company Limited (BIPC) on Wednesday commenced the construction of a 1080-unit housing estate in Makurdi aimed at addressing the rising cost of rent in the state capital.

BIPC Managing Director, Dr. Raymond Asemakaha, noted during the foundation laying ceremony at the former BBL Quarters that the project, known as Eco City, is designed to provide affordable and modern housing for residents.

He explained that the initiative, which is the first phase of a broader scheme, would help crash the cost of rent in the state.

“We are starting with 32 units, the next phase is 48, and on another 30 hectares of land we plan to deliver 1,000 housing units. The first phase will be completed within six months, and the entire project in 24 months. The units will be priced to make them accessible, especially to civil servants,” Asemakaha said.

Governor Hyacinth Alia, represented by his deputy, Sam Ode, lauded BIPC for the effort, describing it as a major step in bridging the housing deficit in the state.