Lagos State Governor, Babajide Sanwo-Olu, on Wednesday,
explained how Lagosians can benefit from 360 apartments in the Prince Abiodun
Ogunleye Housing Estate situated in the Igbogbo-Baiyeku Local Council
Development Area of Ikorodu.
The governor stated this on Wednesday while inaugurating the
housing estate which has 120 one-bedroom flats, 120 two-bedroom flats and 120
three-bedroom apartments.
He also gifted veteran Nollywood actress, Lanre Hassan
popularly known as Iya Awero, a three-bedroom apartment in the estate, saying
celebrities and those who have contributed to Nigeria’s development in all
spheres should be celebrated while they are alive.
Sanwo-Olu said, “As we have adopted a global housing policy which gives people the option of becoming home owners over a period of time through the rent-to-own policy which is targeted at the working class in the formal and informal sectors promises to continue to provide prosperity, decent living and for our citizens and the beneficiaries.
“They will be earmarked to pay on a monthly basis and the
mortgage is also very convenient. The GM (General Manager) of Lagos State
Mortgage Board had explained the statistics to us and how this will work. He
had explained to us that for you to have a flat here for three-bedroom, it is N400,000
and if you want to do a bid, N275,000 for two-bedroom (flat), and N175,000 for
one bedroom. I think the LAGOSHOMS deserves a round of applause for that.”
Also speaking at the event, the state Commissioner for
Housing, Moruf Akinderu-Fatai, said, “This housing project being commissioned
today has 360 homes comprising 120 one-bedrooms, 120 two-bedrooms and 120
three-bedroom apartments in 10 blocks.
“The project can be seen as modern infrastructure that has
been put in place to enhance the decent living of citizens.”
The commissioner added, “In presenting these homes to our
people, our focus is on the first time owners. We have decided to bring as many
people as possible into the home ownership ladder. The prices of these homes
have been greatly discounted by the state government and this is pro-people
government. Our joy is only complete when more people particularly the low and
medium income earners become homeowners.
“Therefore, in line with current realities, the convenient
mortgage plan through our rent-to-own scheme will be utilised to a large extent
in delivering the homes to the end users.”
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