Thursday, April 25, 2024

Housing deficit: Sanwo-Olu delivers 216 homes in Eti-Osa, Surulere

Uba Group

BY AYO ESAN

IN line with his administration’s effort to close the deficit in the provision of comfortable housing scheme in Lagos State, Governor Babajide Sanwo-Olu, on Wednesday, formally opened two housing projects in Surulere and Eti Osa axes, which were revived and completed by his administration.

They are 132-unit LagosHOMS project at Iponri in Surulere area, and 84-unit Lekki Phase II housing project in Ikota, along Ajah corridor.

The inauguration of the projects came four days after the Governor commissioned another 252-unit flats in Idale, Badagry.

The Iponri and Ajah housing schemes were delivered through a joint venture between the Ministry of Housing, STB Mortgage Bank and Lekki Ultimate Company Limited.

Sanwo-Olu named the 132-unit Iponri Housing Scheme after former Lagos State Governor and now Minister of Works and Housing, Babatunde Raji Fashola, who conceived the project.

The Governor also inaugurated and handed over a laboratory and new office complex, which the Lagos State Government built for the National Veterinary Research Institute (NVRI).

Sanwo-Olu said the resuscitation and completion of the two housing projects further testified to his Government’s commitment to improving the lives of Lagosians through service delivery in the area of infrastructure.

The Governor observed that the quality of the projects delivered indicated that his administration’s promises to raise the bar of good governance was not a fluke, stressing that implementation of his development blueprint – Project T.H.E.M.E.S – would continue to be done in line with needs of the residents.

Sanwo-Olu said the LagosHOMS projects, being supervised by his administration, were being packaged to give citizens comfort through stress-free ownership structure and mortgage scheme.

He said, “Today, we are gathered to mark yet another fulfilment of our promises in the housing sector. At the inception of this administration, we pledged to provide decent shelter for the people. This promise was made out of the conviction that housing is one of the basic needs of humans and a critical factor that determines quality of life.

“In the past months, a lot of efforts had gone into completing many of the housing schemes inherited from past administration. While some of these projects are funded through budgetary allocations, others are being financed through joint venture with our development partners.

“It is with great pleasure that I perform the commissioning of LagosHOMS Iponri by which we are adding 132 homes to the housing stock in this area. Through the same joint venture, we have delivered another 84-unit Lekki Phase II Housing Scheme in Ikota, Ajah. These feats mark successful collaborative effort geared towards bridging the housing deficit in the State.”

As his administration builds and delivers quality homes across Lagos, Sanwo-Olu said his Government was also generating ideas on how to increase affordability and access for low and middle income families.

Comfortable houses, the Governor said, should not only be for the affluent. He said more convenient ownership packages would be introduced to make more people come on the home ownership ladder, regardless of socio-economic bracket.

Popular Articles