Powell Homes and Shelters Limited has unveiled the first batch of 300 housing units at Hosanna Estate, Ibagwa Nike, Enugu State.
The housing project is located in Enugu East Local Government Area. It aims to expand access to decent housing while supporting the state’s growing urban development.
The company unveiled the project on Wednesday during a commissioning ceremony attended by government officials, traditional rulers, investors and other stakeholders.
Speaking at the event, Managing Director of Powell Homes and Shelters Limited, Architect Chibikem Onyekachi, said the company designed the estate as more than a collection of houses.
He said Powell Homes wanted to create a functional and sustainable community where families could live, work and prosper.
The estate includes internal roads, drainage systems and electricity infrastructure. It also features a synthetic football pitch and a children’s playground.
Onyekachi added that the company plans to establish a 24-hour shopping centre within the estate. The facility will also include a pharmacy to improve convenience for residents.
Powell Homes Targets Affordable Home Ownership
Onyekachi said Powell Homes recognised the financial challenges facing many Nigerian families.
He said the company would continue developing housing solutions that make home ownership more accessible. According to him, owning a home should not remain an unrealistic goal for average Nigerian families.
The Powell Homes boss said the company would explore innovative financing models and strategic partnerships. These partnerships could involve government agencies, financial institutions and pension administrators.
He specifically highlighted pension-backed mortgage financing as one option that could help more Nigerians bridge the gap between income and home ownership.
Onyekachi said the commissioning of Hosanna Estate would not end the company’s development plans. Instead, he said it would strengthen Powell Homes’ commitment to building more communities in Enugu and other parts of Nigeria.
He also assured subscribers and clients of the company’s commitment to quality, safety, accountability and sustainability.
The project adds to the growing focus on private investment across Enugu. For related coverage, read NACCIMA Hails Mbah on Security, Backs Enugu’s $30bn Economic Ambition.
Mbah Says Housing Investment Can Attract Businesses and Skilled Workers
Representing Governor Peter Mbah at the event, Deputy Governor Ifeanyi Ossai said private housing investment supports Enugu’s economic transformation plans.
Ossai said the state wants to move beyond its traditional dependence on the civil service. He said functional housing would help attract businesses, investors and skilled workers to Enugu.
According to him, companies and skilled professionals may hesitate to relocate when suitable housing remains unavailable.
The Deputy Governor said the state government wants Enugu to become economically viable and competitive with major cities across Africa. He also reaffirmed the government’s commitment to protecting investments and securing residents and businesses.
Housing development forms part of the wider infrastructure expansion taking place across Enugu. The state government has also highlighted major road projects as part of its development agenda.
Read more about the administration’s development programme in Peter Mbah Unveils 10,000+ Achievements.
Enugu Government Acknowledges Impact of Development Projects
Ossai also acknowledged that large-scale development projects can sometimes affect residents and existing properties.
He mentioned road expansion, land acquisition and other urban development activities. The Deputy Governor said the government recognised the difficulties such projects could create for affected residents.
He urged people with unresolved grievances to use existing government channels to seek redress.
Ossai also appealed to residents and stakeholders to support the state’s development plans. He said the government was implementing its infrastructure programme in phases.
According to him, the expansion of road networks and development of the new Enugu City form part of a broader plan. The objective is to expand economic opportunities and support urban growth.
The state has continued to attract private-sector interest alongside its public infrastructure programme. Related reports include SEDС to Launch 50,000-Hectare Agro-Mechanisation Project in Enugu.
Deputy Governor Urges Residents to Maintain Estate Facilities
Ossai also urged prospective residents of Hosanna Estate to comply with their agreements with the developer.
He particularly stressed the importance of maintaining shared facilities within the estate. Modern residential developments, he said, require cooperation from residents to remain functional.
He urged residents to support the estate’s management structure. He also warned against actions that could damage roads, drainage systems, recreational facilities and other shared infrastructure.
The Deputy Governor expressed optimism that Hosanna Estate could become a model for future private housing investments in Enugu.
He said successful housing projects could encourage more developers to invest in the state. Such investments could also support employment, business activity and urban development.
For another report on Enugu’s infrastructure drive, read Enugu Government Denies Tax Protest, Says Transport Operators Sought Parking Space.
Anike Says Abakpa-Ugwogo-Nsukka Corridor Is Emerging Investment Hub
Chairman of Enugu East Local Government Area, Beloved-Dan Anike, described the project as an important development along the Abakpa-Ugwogo-Nsukka corridor.
Anike said the ongoing development of the corridor could create new opportunities for residential, commercial and agricultural investments.
He described the area as an emerging urban centre. According to him, the corridor could experience increased human and economic activity as infrastructure development continues.
The council chairman said investors who position themselves early could benefit from the area’s expected expansion.
He also commended Powell Homes for contributing to efforts to address housing needs in Enugu. Anike assured investors that the local government would support responsible development.
He said the council would work to create a conducive environment for businesses and investments.
The development comes as Enugu continues to position infrastructure as a driver of economic growth. Related coverage is available in Igbo-Eze South Chairman Praises Mbah’s Grassroots Development.
Private Developers Have Role in Tackling Housing Shortage
Anike said government alone could not provide all the housing units needed by Nigeria’s growing population.
He therefore called for greater private-sector participation in housing development. According to him, investors can take advantage of new infrastructure and urban development opportunities across Enugu.
The council chairman said the local government would support investments that promote sustainable and liveable communities.
He added that responsible housing projects could contribute to employment and economic activity. They could also improve living conditions for residents.
The call for private investment aligns with the state government’s broader effort to attract businesses and investors.
For more on investment and economic development in Enugu, read RMAFC Seeks Chinese Investment.
Traditional Ruler Commends Powell Homes
The traditional ruler of the host community, HRH Igwe Emmanuel Ugwu, Eze Okwe 1 of Okwe Kingdom, also commended the developers.
Igwe Ugwu described the housing project as an important addition to the physical and economic development of the area.
He thanked Powell Homes and the Enugu State Government for supporting investment and urban development in the community.
The traditional ruler also called for continued cooperation among developers, residents, government authorities and the host community.
He said such cooperation would help promote peaceful coexistence and sustainable development within the estate.
Igwe Ugwu added that the traditional institution would continue supporting initiatives that bring development and employment to the people.
Community participation remains important as Enugu expands its urban infrastructure. Related reporting includes CSDA Takes Community Sensitisation to Six Enugu Communities.
Atu Hails Hosanna Estate Housing Project
Member representing Enugu North and South Federal Constituency in the House of Representatives, Hon. Chimobi Atu, also congratulated Powell Homes.
Atu praised the company for investing in housing at a time when demand for decent accommodation remains high.
He said projects such as Hosanna Estate could support urban renewal and create jobs. He also linked housing development to increased economic activity and improved living conditions.
The federal lawmaker encouraged more private investors to explore opportunities in Enugu.
He called for partnerships between government and private developers to address housing and infrastructure needs.
The project therefore adds another private-sector development to Enugu’s growing urban landscape.
Dignitaries Attend Hosanna Estate Commissioning
The commissioning ceremony attracted political, traditional, religious and business leaders.
Those present included Deputy Governor Ifeanyi Ossai, who represented Governor Peter Mbah, and Enugu East Local Government Chairman Beloved-Dan Anike.
The traditional ruler of the host community, HRH Igwe Emmanuel Ugwu, also attended the event.
Other dignitaries included Senator Osita Ngwu, represented by his Special Adviser, Hon. Tega Onyia. Former presidential aide and APC candidate for Enugu East/Isi-Uzo Federal Constituency, Rt. Hon. Chijioke Edeoga, also attended.
The event also attracted Enugu State Commissioner of Police, CP Maman Bitrus Giwa, and other government officials.
Religious leaders, members of the Enugu State House of Assembly, traditional rulers, community leaders and real estate practitioners were also present.
Investors, subscribers, contractors and other stakeholders equally attended the commissioning.
The gathering reflected the growing connection between housing, infrastructure and private investment in Enugu.
Powell Homes Promises More Housing Projects
Speaking on behalf of the company’s board, management and staff, Onyekachi thanked stakeholders who contributed to the project.
He appreciated the Enugu State Government, traditional institutions and community leaders. He also thanked consultants, contractors, artisans, suppliers, financial partners and subscribers.
Onyekachi said Powell Homes has a long-term vision of building more homes and communities across Nigeria.
He said the company would maintain its focus on quality, safety, functionality and sustainability.
The managing director also promised continued collaboration with government agencies and financial institutions. He said such partnerships could help expand access to home ownership.
Onyekachi described the commissioning as the opening of new opportunities for families, children and investors.
He said Powell Homes would continue to build more homes while maintaining responsible development standards.
The unveiling of the first 300 housing units at Hosanna Estate therefore marks another stage in the company’s housing development plans.
The project also highlights the role of private developers in supporting Enugu’s urban expansion and housing needs.
For more Enugu development coverage, read NACCIMA Hails Mbah on Security, Backs Enugu’s $30bn Economic Ambition.
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