EKO NEWS

LASG To Provide Housing Unit Via PPP Model

Published

2 years ago

Jul 5, 2022.

A.A.S Opeyemi

Lagos pledges more affordable housing units through PPP MODEL
….Lagos State Government is also partnering with Messrs.

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EKO HOT BLOG reports that the Lagos State Government has reaffirmed its commitment to adopting the Public-Private Partnership (PPP) model to increase the number of affordable housing units available to residents.

The State has continued to collaborate with interested private people and organizations to create more housing units for inhabitants across the State, according to a statement signed by Mr. Ope George, Special Adviser to the Governor on Public-Private Partnerships (PPP).

George listed some of the housing projects that have been executed through the PPP model including the Housing Estate Development in Igbogbo, Ikorodu, built on 8.8 hectares of land in collaboration with Messrs. M-Bridge Limited, and another 20 units of Luxury Residential Apartments developed in partnership with Messrs. Westerfield Expert Construction Limited on a parcel of land belonging to the Lagos State Liaison Office in Abuja.

He stated that the Lagos State Government is also partnering with Messrs. Brooke Assets and Resources Limited to develop 20 hectares of land into a mini-city of 3,546 units of One and Two-Bed Apartments in Imota, Ikorodu area of Lagos State, adding that similar multiple apartments are currently being built in Ilubirin, Abraham Adesanya, Ajah as well as GRA, Ikeja.

His words: “The GRA, Ikeja project consists of multiple apartments located within the Lagos State Old Secretariat building, Ikeja. Other affordable apartments have been erected and delivered at Bayview Estate in Ikate-Elegushi; Lateef Jakande Housing Estate, Igando; Badagry Housing Estate; Prince Abiodun Ogunleye Housing Estate, Igbogbo and Babatunde Olushola Benson Housing Estate, Ibeshe”.

Others are Phoenix Apartments, Ilupeju; Lagos Homs, Magodo and Omole; Lagos Homs, Lekki Phase 1; Babatunde Raji Fashola Homs, Iponri Estate; Sunnyville Apartments, Ogba and Courtland Villas, Igbokushu, Ikate-Elegush

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The Special Adviser also revealed that the Lagos State Government recently commissioned the Greater Lagos LBIC Apartments at Agege, the product of a joint venture between Lagos Building Investment Plc (LBIC) and RPDC Limited.

While informing that the State Government has commissioned no fewer than 15 Housing projects since the inception of the present administration and delivered 3,526 housing units across the State, George declared that government will continue to provide affordable infrastructure and reasonably priced houses to the good people of Lagos State through the PPP model.

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