The Lagos State Government and the Federal Housing Authority (FHA) have pledged to work together to provide affordable housing for Lagos residents and Nigerians in the diaspora.
During a recent visit by the FHA management to the Lagos House, Marina, Governor Babajide Sanwo-Olu and the Managing Director/Chief Executive Officer of FHA, Hon. Oyetunde Ojo, expressed their commitment to this goal.
Governor Sanwo-Olu highlighted the alignment of FHA’s vision with the Lagos State Government’s objective of catering to the housing needs of various economic segments. He mentioned that his administration has commissioned 18 different housing estate projects across the state to reduce housing deficits.
Sanwo-Olu emphasized the importance of collaboration, stating, “The Federal Housing Authority is known for opening new areas, new cities, and corridors. We can collaborate. There are a lot of needs for Lagosians that we can collaborate on.”
He also promised to support FHA with land, calling it “our (Lagos) own oil,” and urged the agency to hit the ground running once it receives approval.
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Hon. Oyetunde Ojo emphasized the significance of affordable housing in President Bola Tinubu’s Renewed Hope Agenda.
He praised Lagos State’s leadership in housing models in West Africa and expressed a desire for synergy between FHA and the state government.
Ojo highlighted the digitalization efforts of FHA in collaboration with the Diaspora Commission, Ministry of Tourism, and the Lagos State Government, aiming to provide overseas buyers with confidence in purchasing properties.
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He also commended Governor Sanwo-Olu’s administration for its achievements in infrastructure development, particularly citing the Blue and Red Rail lines, the Lekki – Epe Expressway, and the Lagos-Badagry Expressway.