Tuesday 12 September 2006

Archbishop Akinola Commissions CSS/Omega Savings Estate.

Archbishop Akinola Commissions CSS/Omega Savings Estate.

CONN/0580906


Port Harcourt, Sept. 12, 2006- The Most Rev Peter Akinola, Primate of the Church of Nigeria (Anglican Communion) has commended the CSS bookshop and Omega Savings and Loans on the completion of a new estate located in Port Harcourt, the capital city of Rivers State.

The Primate assisted by some other Archbishops and Bishops of the Church of Nigeria (Anglican Communion) attending the Standing Committee of the Church in Port Harcourt commissioned the ultra-modern estate located at 50, hospital road, today.

“If you knew this place three years ago you would not want to enter this area at all. Many of you from Lagos know about the ‘area boys’- the street urchins-, this was how this place was”, he said. According to him, the CSS bookshops limited in conjunction with Omega Savings and Loans moved into the area, cleaned it- up and under three years, the Cliff-top CSS-Omega Estate was completed.

Archbishop Akinola extolled the achievement of the team led by Chairman of Omega Savings and Loans and Anglican Priest, the Rev Canon Segun Agbetuyi.
He said the team worked for the church ‘absolutely free of charge’ and he prayed God to crown their efforts with success.
Furthermore, the Primate challenged the team to go all out and look for the right kind of potential owners for the properties.

The CSS-Omega Estate design is a terrace type with a minimum of 2 units in a block, others have 3-4 units in a block and there are 8 blocks in all. Each unit is an ultra-modern 4 bedroom luxury house.

Commenting on the project, Canon Agbetuyi noted that there was a huge gap between the demand for and the supply of housing in the country.
“To make matters worse cases of building collapses in our crowded cities nationwide has only heightened the fear of the average Nigerian on where to go for shelter,” he said.
He commended the vision of Archbishop Akinola in identifying this gap and repositioning the CSS Bookshops Limited, to meet the housing needs of the nation through her subsidiary, CSS properties.

Agbetuyi said the management of the joint venture has created a moderate finance opportunity to accommodate those with initially insufficient capital to own a home.
CSS bookshop Limited, one of the oldest printing and publishing houses in Nigeria, was established by the Church Missionary Society in 1869 as C.M.S Bookshops, Lagos.
In 2003, the company which has strong links with the Church of Nigeria (Anglican Communion) was repositioned into three divisions: CSS Bookshop, CSS Press and CSS Properties.