News

187, 500 New Houses Needed to Reduce Lagos Deficit

Nigeria, a country with an estimated population of over 170 million people has been said to be facing a housing million housing deficit. Lagos state is Nigeria’s centre of excellence and business centre. Thus, any housing deficit that affects Nigeria affects Lagos in a big deal. In the next five years, Lagos may be facing an estimated 2.5 million housing deficit. There is a need for an additional 187,500 to reduce the deficit, according to the Lagos state governor, Akinwunmi Ambode.

In the next five years, Lagos may be facing an estimated 2.5 million housing deficit. There is a need for an additional 187,500 to reduce the deficit, according to the Lagos state governor, Akinwunmi Ambode.

tolet-need-to-find-na-small-tin

This figure was given at the 2016 World Habitat Day organised by the Ministry of Physical Planning and Urban Development in Lagos.

The News Agency of Nigeria (NAN) reports that on Dec. 17, 1985, the United Nations General Assembly designated the first Monday of October of every year as World Habitat Day.

It is a day to reflect on the condition of cities and towns as well as the basic right of all to adequate shelter.The theme for this year’s commemoration is  ‘ Housing at the Centre’. He stated that the demand for shelter and new houses had continued to rise due to increasing population growth.

READ  The Role of the Woman in The Home Building

ALSO READ: The 21st Century Real Estate Industry in Nigeria

We are determined to achieve this via policy initiatives such as Rent-To-Own scheme, Outright Purchase Home Ownership, Public/Private Partnership and strengthening the Lagos Home Ownership Mortgage Scheme,” he said.

Ambode, represented by his deputy, Dr. Oluranti Adebule,  pledged to check the excesses of developers who flout building regulations in the state. And in fact, read out a riot act to property developers and contractors. Stating that government would no longer tolerate flagrant disregard of the law as part of measures to eliminate the incidences of building collapse in the state.

He said the government was also committed to simplifying the requirements for access to land and processes for the grant of Certificate of Occupancy and Planning Permit in the state.

ALSO READ: 1000 Houses Demolished in Lagos, What’s next?

CHECK OUT: PROPERTIES FOR SALE IN LAGOS

READ  Top 5 Reasons Young Men Struggle to Rent Apartments

 

tolet-need-to-find-na-small-tin

Tags

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button