Novarick Appoints Otonye Lolomari as Non-Executive Director - News at its peak

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Novarick Appoints Otonye Lolomari as Non-Executive Director

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The Board of Directors of Novarick Homes and Properties has approved the appointment of Mr. Otonye Tony Lolomari as a Non-Executive Director. This takes effect from 21st of January, as the company is driven to repositions its management and business development for sustainable growth.

L-R: Non-Executive Director, Otonye Lolomari and Chief Executive Officer, Noah Ibrahim, both of Novarick Homes and Properties during the official presentation in Lekki, Lagos.

Lolomari brings over 24 years of industry experience which includes his position as a director of ICE Commercial Power in 2018, then moved to Chevron, Husky Energy and Schlumberger in Trinidad before joining the Novarick team. He also worked with leading companies and experts in different Continents like Europe, Africa and the USA.

According to Noah Ibrahim, CEO Novarick Homes, the new affiliation will position the company to make better decisions and propel the brand to a greater height. “We intend to continue collaborating with top professional within and outside our industry to achieve a well-rounded organization”, he noted. 

Prior to his appointment, Lolomari has contributed and rendered supports in various forms to the goals and objectives of Novarick. The strong passion for inclusion, experimentation and empowerment drives his career towards a distinguished level of proficiency. 




Furthermore, Novarick Homes operates other subsidiaries in segments like Property Development, Property Investment, Property Procurement & Advisory, Joint Ventures and Facility Management. The company is also working actively to achieve number 7, 9 and 11 of the 17 World Sustainable Development Goals.

Over the years, the firm has provided green, sustainable and smart real estate solutions using clean and renewable energy. Some major on-going projects include the Ruby Apartments, Nova Gardens and WAZOBIA Courts, all in Lagos State.

Novarick Homes and Properties is a fast-rising real estate development firm which was incorporated in 2018 and based in Lagos. The company is also focused on bridging the housing gap by building affordable and eco-friendly communities in Nigeria. 

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