Sanwo-Olu Assures Lagosians 1,248 Homes by March 2020

September 6, 2019
babajide sanwo olubabajide sanwo olu

By Adedapo Adesanya

The Governor of Lagos State, Mr Babajide Sanwo-Olu, has stated that the challenge of housing faced by residents of Lagos will soon be curbed as he was planning to deliver over 1,248 homes in different parts of the state within the next six months.

Governor Sanwo-Olu said this while speaking at the launch of the Lagos State empowerment Trust Fund (LSETF), Women Fund and Presentation of Cheques, which took place at the Blue Roof, LTV8, Alausa, Ikeja on Wednesday.

The governor used the event to unveil the 492 Igando Housing Estate named after the first civilian governor of Lagos State, Alhaji Lateef Jakande, for being a worthy example as his mass housing projects remained a legacy, stating that the challenge of housing deficit in the state was real and is a major priority of his administration.

Governor Sanwo-Olu, while speaking about the housing estate, observed that to achieve the vision of building a better economy, there was a need to explore innovative ways including a public and private partnership that would fast track bridging of the housing deficit in the state.

“There is a compelling need for us to develop and adopt a housing delivery model and strategy that take into account our population and limited land space.

“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 the 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 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 ongoing housing projects located in various parts of the state are delivered on schedule”, he said.

The governor, while disclosing that the fund targeted at women was had been raised from N4billion to N10billion, said women were being focused because he was committed to taking residents out of poverty and one way to do that was through support for women.

It was disclosed that a total of 794 beneficiaries got various cheques to help expand their businesses at the event.

Over 5000 women are expected to benefit from the trust fund of the Lagos State government aimed at empowering and expanding businesses of residents of the state, as disclosed by the Governor.

According to him, with the initiative, a lot of people will be taken out of poverty as they will double their sales and businesses, stating that support to a woman was a support to a family and taken them out of poverty.

Mr Sanwo-Olu maintained that the programme had no political affinity, saying it was meant for all residents irrespective of political leaning.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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