The Lagos State Government has announced plans to complete over 14,000 housing units by 2026 as part of its broader strategy to address the state’s housing deficit and expand access to affordable homes for low- and middle-income residents.
Governor Babajide Sanwo-Olu disclosed this during the 75th World Congress of the International Real Estate Federation (FIABCI), held at Eko Hotels and Suites in Lagos on Tuesday, according to a report by the News Agency of Nigeria (NAN).
Represented by the Commissioner for Housing, Mr. Moruf Akinderu-Fatai, the governor stated that nearly 10,000 housing units had been delivered in the past six years, with efforts being intensified to scale up housing development across the state.
He added that the government had made special budget allocations and created a conducive environment for private sector investment through public-private partnerships (PPPs). He also noted that these measures, are aimed at accelerating housing delivery while also stimulating economic activity and job creation.
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