The Lagos State Governor Mr. Babajide Olusola Sanwo-Olu on Thursday promised that his administration will build affordable and accessible houses for Lagosians.
He made the disclosure while commissioning about 264 Units of Flats in Lekki. The commissioning came less than 24 hours to the first year anniversary of his administration.
The commissioned Courtland Luxury Villas and Ikate Elegushi Lekki Apartments provide a total of 264 units of flats from one bedroom to four bedrooms for upper and middle income earners working around Lekki and Victoria Island of Lagos.
Speaking at the official commissioning of two different estates in the Ikate Elegushi and Lekki area of the state, Sanwo-Olu said his government is positioned to bring about even development to every part of the State, with a view to making Lagos achieve the 21st Century economy.
Sanwo-Olu noted that the project is a manifestation of his administration’s much-touted need for public-private partnerships, which he said would be encouraged in all sectors of governance to bring rapid growth and mutual benefits to all parties.
He said: “We need to continue to genuinely think through affordable housing, and that is our commitment for our people, because it’s not everybody that will have the ability to pay for housing estates such as this. Therefore, we must give them opportunities for instalmental payment, so as to make it affordable and accessible for them.
“I inherited this amongst several other projects and the critical challenge we had to contend with was lack of funds.
“To surmount this challenge, we had to look towards the private sector and adopted the public-private partnership (PPP) model. It was then that we were able to mobilize the needed funds and put life back to the construction site…”.