By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Housing Deficit: LASG pledges increased private sector collaboration
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Housing Deficit: LASG pledges increased private sector collaboration
News

Housing Deficit: LASG pledges increased private sector collaboration

Fesadeb
Last updated: 2020/11/16 at 2:10 PM
Fesadeb Published November 16, 2020
Share
SHARE

The Lagos State Government on Sunday promised to increase private sector partnership to reduce housing deficit and deliver its mandate of affordable, decent mass housing to residents of the state.

Mrs Adeola Salako, Director, Public Affairs, Lagos State Ministry of Housing, said in a statement on Sunday that the Commissioner, Mr Moruf Akinderu-Fatai, made the assertion while addressing journalists at Alausa.

Akinderu-Fatai said that there was the need to frontally address the challenges of housing deficit in the state.

Sector Participants and foster a good environment for new investors to come on board,’’ he said.

He said that the existing Joint Venture Partners had contributed to the reduction of the housing deficit in the state.

According to Akinderu-Fatai, a total of 244 homes in two schemes, notably Courtland Luxury Villas, Igbokushu, and Lekki Apartments were delivered through private sector ollaboration in May 2020.

He noted that Joint Venture Housing schemes located at Iponri, Lekki Phase 2 and Idale, Badagry, with 468 home units of various dwelling types were already completed, adding that they were ready for inauguration.

Akinderu-Fatai said the present administration was committed to reducing housing deficit in the state through timely adequate budgetary allocation.

“If you recall, the state government released 492 homes at Igando in 2019. I am delighted to report that 360 units will soon be commissioned at LagosHOMS Igbogbo 2B with LagosHOMS Sangotedo (first cluster of 774 units) and LagosHOMS Odo-Onosa /Ayandelu (660 units)set to be delivered in due course, too.

“Others schemes receiving attention include LagosHOMS Sangotedo (second cluster) 444 units, LASU Quarters (32 units), Egan-Igando (684 units ) and Ajara (420 units,’’ he said.

The commissioner said the Lagos State housing units were highly subsidised and urged subscribers to take advantage of the convenient payment mode of the Rent-to-Own Scheme.

He explained that under the module installment payments were stretched over a period of 10 years for qualified applicants.

Akinderu-Fatai said that in spite of the COVID-19 setback, the ministry was able to mobilise contractors back to site on time to meet up scheduled project delivery dates.

He said that a percentage of the housing units in the state would go to the civil servants at discounted rates in line with the policy of the government.

Mr Wasiu Akewusola, the Permanent Secretary, Ministry of Housing, cautioned against fraudsters saying that government had not appointed any Estate Agent to act on its behalf in allocation of homes.

Akewusola advised intending subscribers to approach the Ministry of Housing for enquiry and clarification, adding that government would soon embark on renovation of old and dilapidated housing estates. (NAN)

source: Sunnewsonline.com

You Might Also Like

Senator Barau Jibrin Applauds President Tinubu’s Two-Year Leadership Milestone

Nigerian Pilgrim Returns Lost fund to Owner in Saudi Arabia

President Tinubu to Attend National Assembly’s Special Session on June 12

National Assembly Approves ₦1.81 Trillion 2025 FCT Budget

Minister Wike Refutes Suicide Bombing Claims, Cites Accidental Detonation

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

TAGGED: housing deficit
Fesadeb November 16, 2020 November 16, 2020
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?