Nigeria’s leading smart estates developer, Cosgrove Investment Limited, has kick-started the redevelopment of smart gated homes, under a Public Private Partnership (PPP) with the Nigeria Police.
The Inspector General of Police, Usman Alkali Baba, performed the groundbreaking ceremony of the redevelopment of DIG Quarters located at Maitama District of Abuja.
The project has been approved by the Federal Executive Council (FEC), while the chosen PPP arrangement is a Design, Finance, Build, Lease, and Transfer property model.
The Inspector General of Police, who performed the infrastructure commencement ceremony at the M.D. Yusuf Quarters on Thursday in Maitama, Abuja, expressed confidence in the technical expertise and financial capability of Cosgrove Investment Limited to deliver a world-class smart gated community of six-bedroom villas for senior officers of the Police Management Team.
He stated that Cosgrove earned the confidence of the Police Management team after painstaking scrutiny of competent real estate development companies that came forward for the offer, and affirmed that Cosgrove has a track record of quality and delivery attainable anywhere in the world and therefore, the complex task was entrusted to them.
Cosgrove is Nigeria’s technology-inclined real estate development company that gained public confidence after successfully building the Cosgrove Smart Estates at Wuye, Mabushi and Guzape Districts, which are all fully automated estates in the Federal Capital Territory (FCT) Abuja.
Discussing the strategic importance of the project, the Inspector General of Police described the M.D. Yusuf Quarters as the highest police quarters nationwide in terms of luxury, serenity and proximity to the Force Headquarters.
He added that it is one of the oldest buildings that the police have constructed in Abuja to accommodate its senior officers.
Speaking about the challenges that necessitated the redevelopment project, he said, “I was privileged to live in this estate for two years while I was Force Secretary, and I recall how I suffered as a result of the state of infrastructure. I had to look for bowls and dishes to place where leakages were pouring from.”
He recalled that at the time, the Managing Director of the Police Construction Company, who is now retired, was a neighbour, the MD had to take shelter in his house because everything about the house he occupied had become old, archaic, non-functional, and in need of redevelopment.