Housing deficit: Sanwo-Olu promises 1,248 homes in six months

Governor Babajide Sanwo-Olu

—commissions 492 flats Garden, named after Jakande

By Moses Adeniyi.

The Lagos State Governor, Babajide Sanwo-Olu, has said that his administration is poised to provide 1,248 homes to reduce the volume of housing deficit in the state.

The Governor who spoke at the commissioning of the Alhaji Lateef Kayode Jakande Garden Housing Estate, said that the state would be adopting the Global Housing Policy as a measure to address the housing deficit in the State

He described the policy as a strategy as a measure with friendly financial inclusion that suits people’s income to become homeowners.

He further pledged that his administration will stick to strict financial planning and discipline to ensure that ongoing housing projects are completed and delivered on schedule.

The commissioning of the Estate which comprises 492 home-units located in the Ikotun-Igando Local Council Development Area (LCDA), is said to be in pursuit of the Administration’s mandate of building a 21th century economy.

The housing estate which was formally called “Igando Gardens” was renamed by the current administration after Alhaji Lateef Jakande, the first civilian governor of Lagos State.

Speaking on the new Estate, Sanwo-Olu said: “The completion and official commissioning of Alhaji Lateef Kayode Jakande Garden Housing Estate today (Wednesday), is a testament of our resolve to deliver on the pledge to complete all critical projects inherited from the last administration.

“The challenge of housing deficit in Lagos State is real. There is a compelling need for us to develop and adopt a housing delivery model and strategy that takes into account our population and limited land space.”

Commenting on the Global Housing Policy to be employed by the State, he said that “One of the key strategies we will embrace is the global housing policy in which people can become homeowners over time, by tying their ability to acquire houses to their income which is a financing system that is convenient and reasonable.

“This policy, alongside outright purchase of houses built by government, will support a sustainable system in which homes can be consistently made available to a larger number of our people”

“We want Lagosians to be assured that in the delivery of these houses, we shall be consistent. We shall embrace rigorous planning and financial discipline in ensuring that on-going housing projects in the various parts of the State are delivered on schedule.

“Our expectation is that within the next six months, over 1,248 homes shall be delivered in different parts of the State.”

The Governor moreover, congratulated the new 492 families that would be accommodated in the newly commissioned Estate, urging them to protect and maintain the facilities to sustain the aesthetics of the environment.

The Estate consisting of 41 blocks ranging between one, two to three bedroom apartments provides a total number of 492 units of homes.

The housing project initially initiated and supervised by the New Towns Development Authority (NTDA) was subsequently transferred to the Lagos State Ministry of Housing in January 2017 for completion

The Estate is fortified by such infrastructures as, constructed roads and drainages, car parks, external electrification connected to the national grid, ultra modern Sewage Treatment Plant and a dedicated mini Water works

However, speaking at the event, the Special Adviser to the Governor on Housing, Mrs. Toke Benson-Awoyinka, urged prospective homeowners to ensure they engage professionals Estate Agents, registered with the Lagos State Real Estate Transaction Department (LASRETRAD).

Furthermore, the contractors of the project, expressed gratitude to the Governor for making provisions for the needs towards the completion of the project within his 100 days of office.


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