Fashola Assures On Affordable Houses


Governor Babatunde Fashola of Lagos has said that his administration would not desist from its target of providing affordable houses for residents in the state.

Fashola made the pledge at the two-day MBAN- HOFEX Housing Finance and Investment Conference and Exhibition in Lagos.

The exhibition was organised by the Mortgage Banking Association of Nigeria (MBAN).

The theme of the conference/exhibition is: “The Mortgage Banking /Housing Finance Sector in Nigeria: A Viable Platform for Wealth Creation and Affordable Housing”.

Fashola, who was represented by the state’s Commissioner for Housing,  Mr Bosu Jeje, said that his administration had focused on the agriculture, transport and housing sectors in 2012.

According to him, Lagos State will not relent in its assiduous work of providing shelter, which he described as basic necessity of life.

He also assured residents that his administration would put in place an effective legal framework that would protect their mortgages.

“We will encourage the practice of private-public partnership because the government cannot do it alone.

“With this combined effort, the problem of housing delivery in Lagos State will soon be a thing of the past,” he said.

MBAN President, Mr Abimbola Olayinka, said that the mortgage banking sector played a key role in the provision of affordable houses.

Olayinka said that MBAN would take several measures to ensure that the mortgage banking sector in the state achieved its plan towards providing affordable houses.

“We have taken several measures to ensure that we remain visible through the print and electronic media.