LAGOS — A major housing development is nearing completion in the Abijo Government Reserved Area (G.R.A.), Lagos, as AceRoyal Estates Homes Limited announces progress on its 105-unit Eko Paragon housing project.
The initiative, which began in February 2025, forms part of broader efforts to address Nigeria’s persistent housing deficit through modern, sustainable and affordable residential solutions.
The Managing Director and Chief Executive Officer of the firm, Dr. Endurance Cletus Agonor said that about 41 of the units are already completed and ready for occupation, eight months into the 12-month construction schedule.
Dr. Agonor said that the development reflects the company’s commitment to improving housing access in partnership with the Lagos State Property Development Corporation (LSPDC).
“Eko Paragon demonstrates what can be achieved when public-private collaboration focuses on affordable, high-quality homes,” he said.
“Our aim is to provide decent living spaces that combine functionality, security, and comfort.”
The estate features green areas, recreational spaces, and basic amenities designed to promote healthy living, including a gym, tennis courts, and constant power supply.
Dr. Agonor emphasized that while the project is designed with modern comfort in mind, its central goal remains expanding access to affordable housing within a safe and planned environment.
He also lauded the Lagos State Government for creating a conducive environment for private sector participation in housing delivery, urging for sustained collaboration to meet growing urban housing demands.
“The scale of Nigeria’s housing needs require deliberate policy support,” he added.
“Developments like this can make a real impact if the right partnerships continue.”
AceRoyal Estates Homes Ltd. has executed several housing and urban development projects across the country, including the Legacy Garden City phases in Edo and Prime Boulevard Annex in Abuja.
When completed, Eko Paragon will add 105 fully serviced housing units to Lagos’ residential stock, contributing modestly but significantly to efforts at bridging Nigeria’s housing gap.
