Morola Olabisi Babalola, is leading a revolution that is gradually changing the face of real estate in Nigeria.
It was borne out of Morola’s desire to ensure that no one, no matter their level of income, is left out of the housing for all initiative. The cooperative’s goal is to see tenants become landlords, by creating a structure that wold enable them access mortgage facility through consistent savings. “As much as private developers are working real hard to effect reduction in Nigeria’s housing deficit, it has not made any significant impact, as end users who represent the larger percent of those in need of housing cannot afford properties available in the market. Therefore, few with the capacity to invest keep taking advantage over the masses,” Morola, who also earned a Master’s Degree in Public Relations & International Affairs, from University of Lagos, said.
As head of Corporate Services, she generated new deals for the real estate development company focuses on multi-family residential projects, including real-estate market analysis, She is also collaborating with multipurpose cooperatives societies of private & public services, multinationals corporations, business ventures and small enterprises, various property development companies in the development of affordable housing in Nigeria.