The traditional ruler of Lekki, Oba Olumuyiwa Ogunbekun in his remark at the occasion, after presenting the allocation certificates to the land owners, commended the real estate cooperative society for coming to the aid of government and Nigerians as whole. He advised against irregularities in the real estate sector.
His words “If you do the needful, you will not be cheated. I believe that we still have genuine people in this industry and I only associate with those I consider to be genuine and transparent. It is good that initiatives like this are coming up to help the government to solve the challenge of housing” .
Similarly, Secretary of PREICS, Barrister Celestine Nwakwo, highlighted some benefits that the society offers to its members, explaining that each member of the cooperative has opportunity of obtaining a loan, with little interest
He said” when you save with cooperative of ours and you want to borrow or you want a loan, you Have the opportunity of getting twice the money you have contributed… with little interest rate. We equally sponsor some genuine Local Purchasing Order (LPO). We equally organise seminars for members on real estate, so you can upgrade your knowledge in the real estate by being a member”, he stated