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Sanwo-Olu Commissions 216 Housing Units

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Names LagosHOMS in Iponri  After Fashola, 

Governor Babajide Sanwo-Olu on Wednesday Commissioned 216 housing Unit at Lekki Phase II and Iponri axis.

 The Iponri and Lekki Phase II housing schemes was 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, Mr. Babatunde Raji Fashola, who conceived the project.

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 marks 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 is also generating ideas on how it would 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.

Sanwo-Olu charged more private investors to partner with the State Government in addressing the housing deficit, while also reiterating his administration’s willingness to make unencumbered land available for housing development by private investors on the basis of mutually agreed terms.

The Governor assured that the state government will not rest on its oars until it utilizes all resources at its disposal to  build more homes.

He said, “In the course of this year, the state government Housing schemes in Igbogbo (360 homes), Sangotedo cluster (744 homes) and Odo-Onosa-Ayandelu (662 Homes) will be commissioned. Work is also progressing on all other schemes and soon, there shall be more  evidence of our commitment to the provision of homes for the people.

“This year, we are going to commence the building of the State Government workers Village in Ishefun in Ayobo Ipaja  LCDA with 608 two bedroom flats solely dedicated to workers from both the private and public sectors in the State. Another Workers’ Village with 501 two bedroom apartments which will be a joint venture with our development partners will also start in Imota. The good news is that these housing schemes will be complemented with a convenient mortgage package for workers.”

Also at the event ,Commissioner for Housing, Hon. Moruf Akinderu-Fatai, assured that the Government would leave no stone unturned in providing decent and affordable shelters to all categories of residents in the State.

The scheme delivered 44 units of single-bedroom, 44 units of two-bedroom and 44 units of three-bedroom flats in Iponri, while the Lekki Phase II scheme consists of 28 units each of single-bedroom, two-bedroom and three-bedroom apartments.

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