Echostone Development Nigeria delivered 252 IFC Edge Certified affordable homes in Idale Badagry, Lagos State.
Lagos State, which has over three million housing shortfall, partnered Echostone in a Public-Private Partnership (PPP) aimed at providing 100,000 affordable homes in 10 years with modern-day technology.
Speaking at the official commissioning of the 252 homes, MD EchoStone Development Nigeria, Sammy Adigun, explained that the housing project named, ‘Peridot Parkland Estate’, is the first-ever green-certified affordable housing community in Nigeria, and the first to be certified by the internationally recognised sustainability standard from the International Finance Corporation (WorldBank) Edge.
According to him, the project is not only the first-ever in Nigeria to be World Bank Edge certified, one of only three in all of Africa to meet the advanced certification level for its significant carbon, energy and water savings.
He pointed out that the estate is confirmed to a 53 per cent Energy Savings home, 42 per cent Water Savings and 35 per cent Carbon Savings.
“The Edge recognition puts Nigeria among leading nations in the world committed to meeting the highest standards of sustainability that supports the United Nations Sustainable Development Goals, particularly SDG11, Sustainable Cities.” Sammy Adigun