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Nigerian investor buys land in Abuja for members

August 19, 2015 4:49 PM

On Monday, the President of Road Transport Employers Association of Nigeria (RTEAN), Musa Shehu, announced that a Nigerian investor has purchased land worth N1billion for the association to develop a housing estate in the FCT for members.

RTEAN

In order to ease the accommodation challenges faced by members of RTEAN in Abuja, the association has partnered with a Nigerian investor to build a housing estate.

According to nigeriarealestatehub, the investor is going to build 2,800 houses for members of the association, and will be paid over a period of 15 years.

The President of Road Transport Employers Association of Nigeria (RTEAN), Musa Shehu, made all of this public on Monday.

“We have partnered with local and foreign investors on our housing estate, drivers’ academy and purchase of 500 tonnes of high capacity vehicles.”

Musa also revealed that RTEAN has also signed an MoU with a German company in order to build a drivers’ academy in all the six geo-political zones.

The aim of this partnership is to train professional drivers in vehicles repair, maintenance, and so on.

“We shall also partner with engineering students in universities on vehicles repair, maintenance and tracking.”

The president also said that all of these will create employment opportunities, adding that the projects would begin in September.