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Lagos records giant strides in affordable quality mass housing delivery

Posted on 25/07/2022 12:01 PM | by NaijaHouses

Lagos records giant strides in affordable quality mass housing delivery

The Special Adviser to the Lagos State Governor on Public-Private Partnerships (PPP), Ope George, recently disclosed that the state government has achieved significant strides in the provision of affordable quality accommodation for residents of the state by taking advantage of the Public-Private Partnerships financing model.

According to the statement issued by the Office of Public Private Partnerships, PPP arrangements have enabled the state government to deliver affordable quality housing units to hundreds of residents of the state in line with the administration’s commitment to bridge the gap in the housing sector.

George further revealed that one of the PPP projects currently ongoing in the state is the Housing Estate Development at Igbogbo, Ikorodu; built on 8.8 hectares of land by the Lagos State Government and Messrs. M-Bridge Limited. According to him, through the PPP model, there were several completed, ongoing and proposed mass housing projects in different parts of Lagos.

Another significant PPP project in the state is the 20 units’ luxury residential apartment to be built in partnership with Messrs. George stated that this will be located in Abuja on the parcel of land owned by Lagos State Liaison Office in Abuja.

According to him, the Lagos State Government was also partnering with Messrs. Brooke Assets and Resources Limited to develop 20 hectares of land into a mini city of 3,546 units of one-bed and two- bed apartments in Imota, Ikorodu.

The Special Adviser noted that similar multiple apartments were currently being built by the state government at Ilubirin, Abraham Adesanya, Ajah as well as GRA, Ikeja. The GRA, Ikeja project has been approved for the erection of over 80 apartment units on 6,2894 Sqm located within the Lagos State old secretariat building, Ikeja.

“In all, the Lagos State Government has commissioned no fewer than 15 housing projects since the inception of the administration of Governor Babajide Sanwo-Olu, and has delivered 3,526 housing units across the state,” George stated.

While soliciting more support for the state government from the residents, he restated the government’s commitment to continuously provide infrastructure, particularly affordable and reasonably priced houses to the good people of Lagos State, leveraging the PPP model.

Other affordable apartments have been erected and delivered at Bayview Estate in Ikate Elegushi; Lateef Jakande Housing Estate, Igando; Badagry Housing Estate; Prince Abiodun Ogunleye Housing Estate, Igbogbo; and Babatunde Olushola Benson Housing Estate, Ibeshe.

The other housing projects are Phoenix Apartments, Ilupeju; Lagos HOMS, Magodo and Omole; Lagos HOMS Lekki Phase 1; Babatunde Raji Fashola HOMS, Iponri Estate; Sunnyville Apartments, Ogba; and Courtland Villas, Igbokushu, Ikate Elegushi. Also, the Lagos State Government recently commissioned the Greater Lagos LBIC Apartments, which is a product of joint venture between Lagos Building Investment PLC(LBIC) and RPDC

Source:Businessday.ng