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Home Sectors Real Estate and Construction

Lagos Government set to commission 252 affordable public housing units in Badagry

Omokolade Ajayi by Omokolade Ajayi
December 9, 2020
in Real Estate and Construction
Lagos says defaulting allottees of housing schemes in Lekki, Ikeja, others to lose houses, real estate, Proposed NHF Law takes a twist, as top Nigerian experts differ on its impact, Richard Olodu, affordable homes 
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Lagos State Commissioner for Housing, Mr. Moruf Akinderu-Fatai, disclosed that the Lagos State Government has concluded plans to commission its Affordable Public Housing Scheme in Idale, Badagry, on Friday.

This disclosure was made by the Commissioner during a media chat in Alausa in Ikeja.

Mr. Akinderu-Fatai, during the media chat in Alausa, stated that the housing scheme constructed by the State Government in collaboration with Echostone Development Nigeria Limited, has 252 units of two-bedroom bungalows on an expanse of 12.5 hectares in Idale, Badagry, as part of efforts towards reducing the Housing deficit across the State.

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What they are saying

Akinderu–Fatai while speaking at the media chat with newsmen averred the unique nature of the scheme, as it is the first green estate to be owned by the State Government, he said:

  • “The Estate, which is one of the several initiatives of the Ministry of Housing, was borne out of a Joint Venture with Echostone Development Nigeria Limited based on an innovative building technology that supports housing production within optimal time at reduced cost.”
  • “The Lagos State Affordable Public Housing Scheme in Idale is an eco-friendly housing scheme as each house comes with two trees and a garden. Also, the homes are easy to maintain because the design supports energy efficiency in terms of power and water usage.”
  • “The Estate also comes with state-of-the-art infrastructure such as water treatment plant, central sewage treatment plant, streetlights, spaces for community activities, road network and drainage, as well as perimeter fence. The commissioning of the Idale Housing Project will be performed on Friday, 11th December 2020 by the Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu.”

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Tags: Affordable Public Housing SchemeLagos State Government
Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

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