Tuesday 19 November 2013

Good times trail Gosgra Properties in Lagos


By Abdulmumni Adeku.
Great times seems to follow Gosgra Properties and Investments Limited this days.
When Paedia Express Multimedia visited its new sprawling and magnificent corporate head office,the look in the compound showed that fortune has finally showed to Mr Adewale Oyeniyi,the Chief Executive officer of the company who has piloted the dreams of the outfit from modest beginnings in 2005,.
A looked at the 41 years old man from Aran –Orin in Irepodun Local Government Area in Kwara state did not reveal a man who had seen life on both sides of the divide.
He looked hard at this reporter and confessed that he was never born with a silver spoon but had to fight like every human being to get to where he has found himself today.
By today’s estimation ,Mr Oyeniyi must be a billionaire by Nigerian standard yet a little not   too long ago he had been a taxi driver and had done some other menial jobs all in an attempt to keep body and soul together before going into the uncertain world of real estate.
He told Paedia Express Multimedia that contrary to the public perception that the new corporate office of the company was worth N300 million ,the new office was only worth a princely N60million and this was because he knew how to buy quality building materials at a knock down fee been a shrewd tycoon.
He explained that there was global boom in the real estate sector in the last decade but sadly a lot of economies did not know how to manage this very well, But quickly added that in his company they have a bench mark not to allow operational costs to go more than 18 percents and this has helped there growth.
He revealed that the company was planning to build more offices in the territories they operate  but pointed out that all of this will come with its own types of challenge.
According to him one of the most pressing areas on the firms purse at the moment had been in the area of advertising ,as they now have to spend more than they initially budgeted during there media planning for the year.
He noted that though things were changing but previously the Nigerian culture did not encourage any form of entrepreneurship unlike what is been witnessed this days.

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