THISDAY

Odunuga-Bakare Condemns Systemic Barriers to Opportunit­ies for Women in Real Estate

- Bennett Oghifo

The Special Adviser to the Lagos State Governor on Housing, Barr. Barakat Odunuga-Bakare has said she intends to tackle systemic barriers that hinder women’s access to real estate opportunit­ies by raising advocacy on fair housing policies, promoting female representa­tion in leadership roles within the industry, and fostering mentorship programmes for aspiring women in real estate.

Odunuga-Bakare made this case for gender equality and the promotion of women’s inclusion in the real estate sector while speaking at the Female Lawyers in Real Estate Practice (FELIREP) webinar, held in Lago recently.

She emphasised the importance of collaborat­ion among stakeholde­rs to create an inclusive and equitable real estate ecosystem for all.

She said the state government is determined to achieve a society where women are not just participan­ts but leaders in the real estate sector, assuring that together, they would build a future where women thrive in the world of real estate.

Drawing from her experience as a top government official, she outlined steps that could be taken to promote women’s empowermen­t, from education and training programmes to mentorship and sponsorshi­p initiative­s.

She also highlighte­d the critical role of government in driving gender equality, emphasisin­g the need for targeted policies and initiative­s to level the playing field for women in real estate.

While noting that women still face disparitie­s in rights, opportunit­ies, and resources compared to men, OdunugaBak­are stated that registerin­g with the Lagos State Real Estate Regulatory Authority (LASRERA) was crucial for maintainin­g sectoral integrity.

She said, “As Lagos State thrives as Nigeria’s commercial hub, adherence to internatio­nal standards in the real estate sector is imperative. Compliance with the Lagos State Real Estate Law will attract both local and internatio­nal investment, contributi­ng to the state’s GDP and livelihood­s.

“Promoting women’s inclusion is in the present administra­tion

T.H.E.M.E.S Plus Agenda. These may not be in real estate, but the initiative is for the wellness of women and youth across the State.”

She, therefore, urged participan­ts at the meeting to join her in the fight for gender equality in real estate, just as she called on her fellow profession­als, policymake­rs, and stakeholde­rs to work together to create a more inclusive and equitable industry for all.

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