2016 end of the year summary form Tigerkenn Homes

What a year! Ladies and gentlemen, this is the end of another year in the Tigerkenn homes family, and at times like this, we usually sit down and take stock of all our activities from the beginning of the year till the end. This is yet another report of our daily activities for 2016. Enjoy. 2016 started with a lot of uncertainty about the direction of Nigeria’s economy. From the first month, we had already started seeing signs of inflation, but we didn’t know this will slide into full recession. Consequently, most materials used in home building rose in price, due to the scarcity of foreign currencies with which to make imports for these goods and materials. This rise in the cost of materials was a huge turning point in the construction industry as most suppliers, contractors and builders were caught unawares by this sudden rise. Many people made losses in the year. But in this company, we always watch the socio economic indicators and as such we got ready for what we know will be coming, as such we were not so much affected by the economic turmoil ravaging the country’s business sector. This company has been undergoing some subtle changes, we have been shifting our focus from home building to estate management, land acquisitions and large estate construction and maintenance. As such, we made a lot of progress in some of our upcoming estates, we sold out our lands at Ugwuomu Nike, and then we moved to acquire a new land for sale. These lands are still on sale at Akpuoga nike in Enugu state. We also had to withdraw from Okuku, a border town to Owerri due to lack of interest from most buyers. In the home construction segment, we built about 12 houses, we worked in Enugu, Owerri, Port Harcourt, Aba, Umuahia, Ebonyi and Nkanu. All the records will be attached under this post. Some of these buildings are still undergoing construction, and my workers are still working there. I use this opportunity to thank all my workers, all those who participated in many of our contracts, the unskilled workers, the semi skilled and even the professionals, we thank all our clients for the trust and confidence they reposed in us, Guys, you are just too much. We will continue to partner with you in the coming year and beyond. We specially thank you all, our readers, you know, you are our special audience, and we owe you that top drawer performance, we will want to remain consistent in the delivery of good quality work. God bless you all.