RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home

Lagos increases housing stock with 360 units of 3-bedroom flats

Rate Captain by Rate Captain
March 29, 2021
in Wealth
Reading Time: 2 mins read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Lagos State government has added 360 units of 3-bedroom flats to the existing housing stock in the state.

The new 360 units completed under the Lagoshoms Phase 2 scheme in Igbogbo, Ikorodu, give the opportunity to the would-be buyers/residents of that axis of the state to own and live a decent apartment.

AlsoRead

NGX Delays New Equity Pricing Rules as Investors Await Fresh Launch Date

CBN Cancels N700 Billion T-Bills Auction After Aggressive Liquidity Withdrawal

Nigerian Equities Lose N599 Billion as Nestlé and First HoldCo Weigh on Market

And in what came as a surprise, the state governor, Babajide Sanwo-Olu, while commissioning the houses on Wednesday, gifted a popular figure in Nollywood’s Yoruba series, Lanre Hassan, known by the stage name “Mama Awero”, one of the flats. The veteran actress was on the verge of being been ejected from her rented apartment when the governor intervened.

Sanwo-Olu also named the scheme after a former deputy governor of Lagos and an All Progressives Congress (APC) apex leader in Ikorodu, Abiodun Ogunleye.

The scheme, which is sited on 6.24 hectares of land, was conceived in 2012 under the former Governor Babatunde Fashola’s administration. It has 10 blocks each of 120 units of one-bedroom flat, 120 units of two-bedroom flat and 120 units of three-bedrooms apartments.

The project is bordering Oba Adeboruwa Housing Estate, which is the first phase of the housing scheme.

Sanwo-Olu said the decision to complete the Igbogbo housing scheme was in tune with his pledge at the commissioning of Lateef Jakande Estate, Igando in 2019, where he reiterated his commitment to deliver all housing projects inherited by his administration.

He said “This housing scheme symbolises our unwavering commitment to the Greater Lagos Project, and our determination to build and deliver modern homes so that irrespective of social or economic class, all Lagosians enjoy the dividends of democracy and good governance. We will continue to bridge the housing deficit by providing decent and affordable houses to our people.”

Sanwo-Olu said the state government had started to prepare for a population surge in Ikorodu, disclosing that the state had activated the revamping of socio-economic infrastructure on the axis.

The governor also presented free three-bedroom apartments to two members of the state teaching staff honoured in national education awards for their quality services. They are the principal of Government Junior College in Ketu-Epe, Dunni Ikuseyi (Principal of the Year) and recipient of Teacher of the Year, Elusakin of Oriwu Model College.

Speaking, the state commissioner for housing, Moruf Akinderu-Fatai said the housing project was the seventh scheme to be completed and inaugurated by the Sanwo-Olu administration, which catered for the high net individuals and low-income earners.

 

Adopted from The Punch

Previous Post

Oil Rises for Second Day With Focus Moving Toward OPEC+ Meeting

Next Post

Credit Markets Get Weird in Ghana Zero-Coupon Bond Plan

Related News

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Delays New Equity Pricing Rules as Investors Await Fresh Launch Date

by Jide Omodele
August 17, 2026
0

The Nigerian Exchange has postponed the introduction of its revised pricing methodology for equities trading, one day before the new...

Investment Bankers Applaud CBN Reforms Amidst Challenges, Embrace Growth Opportunities

CBN Cancels N700 Billion T-Bills Auction After Aggressive Liquidity Withdrawal

by Jide Omodele
August 10, 2026
0

The Central Bank of Nigeria has shelved a planned N700 billion treasury bills auction scheduled for 5 August 2026, after...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

Nigerian Equities Lose N599 Billion as Nestlé and First HoldCo Weigh on Market

by Jide Omodele
August 5, 2026
0

The Nigerian equities market reversed Monday’s gains on Tuesday, shedding approximately N599 billion in market capitalisation as investors took profits...

Naira Depreciation Forces Imports Down By 65% in Q3, 2023

Nigeria Earns N24 Trillion from Crude Exports in First Half of 2026

by Victoria Attah
August 3, 2026
0

Nigeria exported an estimated 182.2 million barrels of crude oil valued at N24.02 trillion in the first six months of...

Next Post

Credit Markets Get Weird in Ghana Zero-Coupon Bond Plan

Leave a Reply Cancel reply

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

Recommended

EFCC Launches Task Force to Combat Naira Mutilation and Dollarization

EFCC Facilitates $60 Million Nestoil Debt Payment to Creditor Consortium

August 17, 2026
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Delays New Equity Pricing Rules as Investors Await Fresh Launch Date

August 17, 2026

Popular Story

  • Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing

    Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing

    0 shares
    Share 0 Tweet 0
  • Air Peace and United Nigeria Claim Over N2 Billion Losses After Union Disruptions

    0 shares
    Share 0 Tweet 0
  • NGX Delays New Equity Pricing Rules as Investors Await Fresh Launch Date

    0 shares
    Share 0 Tweet 0
  • NRS Chairman: Ending Fuel Subsidy Averted N53 Trillion Bill and Naira Crash to N3,500

    0 shares
    Share 0 Tweet 0
  • EFCC Facilitates $60 Million Nestoil Debt Payment to Creditor Consortium

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>