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Home Business News

Lagos set to commission massive housing scheme in Sangotedo in November

Chike Olisah by Chike Olisah
September 20, 2021
in Business News
Sanwo Olu
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The Lagos State Government is set to commission its huge housing scheme at Sangotedo in Eti-Osa Local Government as it has restated its commitment to the completion of the 2 phases of the scheme.

The first and second phases of the massive housing scheme at Sangotedo are expected to be completed in 2021 and 2022 respectively.

The assurance was given by Governor Sanwo-Olu, during an inspection visit to the site, where he said that the completion of the massive housing scheme, which comprised of 1,188 flats in two phases, is one of his administration’s goals for the transformation of the housing sector.

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Sanwo-Olu pointed out that the first phase comprising of 744 homes made up of 62 blocks will be perfected and added to the housing stock of the state by November 2021, while the second phase of 444 homes will be completed by the year 2022.

The Governor noted that he was at the construction site to get first-hand information on the project and assess its readiness for delivery to the people.

What the Governor of Lagos State is saying

Sanwo-Olu commended some of the contractors for working tirelessly to meet up with the timeline of the state government, declaring that such organisations have proved their worth in spite of the difficulties faced and are to be regarded as friends of the state who will always be considered for future engagements by the State Government.

He also sounded a warning to contractors who had received funds from the State Government without corresponding progress on their assigned projects.

The Governor said, “The State Government will no longer condone the lackadaisical attitude of some contractors who collected taxpayers funds without meeting up with the terms of agreement of their contracts.’’

He revealed that the unethical behaviour of the few organisations cause delays in the completion of schemes, stressing that such contractors will be given one week to bring their tasks, particularly the internal finishing of the building, to the appropriate level or have their contracts terminated.

Sanwo-Olu disclosed that such erring contractors will also be blacklisted and prosecuted by the State Government, listing the affected contractors as Messrs Alia, Hinvier, Timfat, Neesam, Oakstel Global, Bal Builders and Participants.

He said their assigned projects are to be assessed a week from Friday either for revalidation or termination of their contracts.

Bottomline

Access to affordable housing has become a huge challenge in a megacity like Lagos. This new housing scheme especially in a fast-growing part of the state will help close the huge housing gap in the state that is already facing a housing crisis.

Tags: Sangotedo
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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