Housing deficit: LASG reiterates commitment to provide more quality homes

…calls for increased private sector participation.

By Moses Adeniyi

The Lagos State Government has reiterated its commitment to address the challenge of housing deficit in the State through a continuous and sustainable system of providing standard and affordable homes for healthy living.

In achieving this, the State noted that the role of Private sector participation is key, expressing its readiness to partner with interested and capable investors in its determined efforts to continuously reduce the pronounced home deficit in the state.

This intention was revealed by the Lagos State Commissioner for Housing, Mr. Moruf Akinderu-Fatai while reviewing the activities of the Ministry of Housing at his office in the State Secretariat.

The Commissioner said “in order to serve  our people  better and to achieve the dream of a 21st century as swiftly as possible, Lagos state government envisages  a sustainable and continuous  system in which homes can be consistently and regularly made available to a larger number of people”.

Akinderu-Fatai added further that “the housing deficit in the state is quite huge particularly in the urban areas and private sector participation is essential in changing the present narrative”.

He pointed out that while the state government is set to deliver more homes this year, through rigorous planning and implementation aimed at completing many of the ongoing housing schemes in record time, more can still be achieved if additional private investors are willing to collaborate with the state government.

Akinderu-Fatai disclosed that the state government has already started implementing policies that will make the environment more conducive to private sector participation and joint ventures investments in provision of mass houses especially in urban areas where the housing deficit is quite acute.

The Commissioner further stated that the ‘unalloyed mission’ of the State government is to provide adequate and good quality housing in Lagos and also facilitate access of its citizenry to home ownership as shelter remains one of the important needs of man.

Akiinderu-Fatai also reiterated that qualitative housing remains a critical factor that determines the quality of living “hence the present administration in its quest for building a 21st century economy is focusing on providing decent homes in urban settlements for its teeming residents.”

He also emphasized the commitment of the State to a continuous system whereby homes are provided to the public on a continuous basis until the deficit is significantly reduced.

Reiterating the significance of private stakeholders in addressing housing deficit, he said “Given other responsibilities of the State, this can only be possible when private sector investors collaborate with the state to add to the number of homes planned by government”. Akinderu-Fatai opined.

He then called on real estate investors who are capable of meeting deadlines and delivering high quality homes to see themselves as stakeholders with government.

Recall that the Lagos State Governor, Mr. Babajide Sanwo-Olu, while commissioning a 492 home units at Igando had declared the intention to deliver about 1,248 homes in different parts of the State.

Moreover the Special Adviser to the Governor on Housing, Mrs Toke Benson- Awoyinka, had also recently assured the public that the Lagos State government is committed to delivering on its mandate in the housing sector

She had stressed that the State will work hard in putting smiles on faces of Lagosians in this regards by ensuring continuous availability of quality homes.

Benson -Awoyinka said that Lagos state government will also attend to the welfare of those who may not be able to access homes through mortgage or outright purchase of homes in government owned schemes by ensuring that only genuine and registered real estate practitioners operate in the state

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