Stanbic IBTC Advocates Partnership and Policy Alignment for Nigeria’s Housing Sector
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has successfully concluded its strategic involvement at the 2026 Wemabod Real Estate Outlook Conference, which drew over 1,800 participants to explore the theme ‘Unlocking land and infrastructure for inclusive housing’. The event served as a crucial platform for policy dialogue, partnership formation, and the generation of actionable insights aimed at transforming Nigeria’s real estate sector.
Industry leaders and key stakeholders engaged in vigorous discussions concerning innovative approaches to affordable housing delivery, infrastructure development, and the promotion of sustainable economic growth. Notable sessions included detailed deliberations on land acquisition processes, regulatory hurdles, and financing frameworks vital to housing projects.
During a fireside chat, Wole Adeniyi, Chief Executive of Stanbic IBTC Bank, reaffirmed the bank’s dedication to advancing inclusive housing solutions. He stated, “Sustainable growth is impossible without inclusive assets, and inclusive housing cannot be achieved without purposefully unlocking land and aligning infrastructure from the outset. At Stanbic IBTC, we are committed to supporting frameworks that bring policy, capital, and execution together to deliver housing solutions that create dignity, opportunity, and long-term value for Nigerians.”
Tola Akinhanmi, Head of Real Estate Finance at Stanbic IBTC Capital, highlighted the importance of collaboration among institutions to deliver scalable housing solutions. “Inclusive housing cannot be achieved by any single stakeholder. It requires intentional cooperation among the government, regional development institutions, the private sector, financiers, professionals, and communities. Effectively unlocking land and strategically deploying infrastructure are essential for creating viable and scalable housing projects that align with regional economic priorities.”
In his opening remarks, Bashir Oladunni, Managing Director and Chief Executive Officer of Wemabod Limited, emphasised the need for a significant shift in housing development strategies. He noted that for inclusive housing to thrive, there must be a move away from overcrowded urban centres towards carefully planned regional corridors. These corridors, supported by robust transportation links and coordinated land-use planning, should act as catalysts for economic activity.
The Wemabod conference undoubtedly laid the groundwork for transformative change in Nigeria’s real estate sector, encouraging a shift towards a more equitable and sustainable approach to housing and urban development.
Stanbic IBTC remains committed to leading Nigeria’s housing agenda and fostering inclusive economic growth through impactful partnerships. As Nigerian cities continue to evolve, the Group focuses on empowering stakeholders, strengthening collaboration, and supporting solutions that provide accessible housing for a broader population.