The Nation (Nigeria)

Lagos partners multinatio­nals on affordable housing

- By Tajudeen Adebanjo

LState government has taken steps to upscale its housing delivcies ery performanc­e. This is in response to the gap in housing demand.

Commission­er for Housing Moruf Akinderu-fatai said at the weekend in Alausa that the government was pursuing the agenda of housing provision with increased vigour to ensure that more homes were available to the people before the end of the year.

He said: “We are engaging multinatio­nals with other ministries, department­s and agenagos (MDAS) to build and support financing of vertical buildings. This is the viable option given the fact that land is a limited resource in the state.

“With the rate of population explosion, meaningful impact can only be achieved through maximisati­on of our scarce land by the constructi­on of high rise buildings. We are making progress in our discussion­s with some internatio­nal organisati­ons.”

According to him, housing schemes at Odo-onosa Ayandelu, Agbowa, Sangotedo

Phase 1, Gbagada and Omole Phase 1 will soon be delivered to the people.

The projects, which he said, were being financed through direct budgetary allocation, were for the low and middle income earners.

He said Lagos was subsidisin­g the cost of the homes to reduce the barrier to home ownership.

“Governor Babajide Sanwoolu has insisted that the cost of homes built by the state should be lower than the market price so as to make home ownership easier for the people,” he said.

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