Sanwo-Olu names Iponri Housing Scheme after Fashola

Lagos State Governor Babajide Sanwo-Olu on Wednesday formally opened two housing projects in Surulere and Eti-Osa axes revived and completed by his administration.

They are 132-unit LagosHOMS projects at Iponri in Surulere area, and 84-unit Lekki Phase II housing project in Ikota, along Ajah corridor.

The inauguration of the projects came four days after the governor commissioned another 252-unit flats in Idale, Badagry. The Iponri and Ajah housing schemes were delivered through a joint venture between the Ministry of Housing, STB Mortgage Bank and Lekki Ultimate Company Limited.

Mr Sanwo-Olu named the 132-unit Iponri Housing Scheme after former Lagos State governor and now Minister of Works and Housing Babatunde Fashola who conceived the project.

The governor also inaugurated and handed over a laboratory and new office complex which the Lagos State Government built for the National Veterinary Research Institute (NVRI).

Sanwo-Olu said the resuscitation and completion of the two housing projects further testified to his administration’s commitment to improving the lives of Lagosians through service delivery in the area of infrastructure.

He said: “Today, we are gathered to mark yet another fulfilment of our promises in the housing sector. At the inception of this administration, we pledged to provide decent shelter for the people. This promise was made out of the conviction that housing is one of the basic needs of humans and a critical factor that determines quality of life.

“In the past months, a lot of efforts had gone into completing many of the housing schemes inherited from past administration. While some of these projects are funded through budgetary allocations, others are being financed through joint venture with our development partners.

“It is with great pleasure that I perform the commissioning of LagosHOMS Iponri by which we are adding 132 homes to the housing stock in this area. Through the same joint venture, we have delivered another 84-unit Lekki Phase II Housing Scheme in Ikota, Ajah. These feats marks successful collaborative effort geared towards bridging the housing deficit in the State.”

Sanwo-Olu charged more private investors to partner with the state government in addressing the housing deficit, while also reiterating his administration’s willingness to make unencumbered land available for housing development by private investors on the basis of mutually agreed terms.

The scheme delivered 44 units of single-bedroom, 44 units of two-bedroom and 44 units of three-bedroom flats in Iponri, while the Lekki Phase II scheme consists of 28 units each of single-bedroom, two-bedroom and three-bedroom apartments.

The comforting features in the two schemes include water reticulation plant, central sewage treatment plant, street light, and leisure facilities, among others.

Sanwo-Olu also formally kicked off the construction of Keffi Suite, a housing scheme being jointly developed by LSDPC and Rindsan Nigeria Limited. The project will be completed in 24 months.