Lagos Gives Out 200 Homes To Residents On Rent-To-Own Basis

Lagos State Government yesterday handed over keys to another set of
200 subscribers to its home ownership scheme on -Rent-To-Own basis.
The State Commissioner for Housing, Prince Gbolahan Lawal who spoke during the handing-over ceremony said the state government will sustain the policy with the partnership of private investors.
Lawal added that the state government presently has over four thousand housing units yet to be subscribed for across different areas of the state.
According to him, the state government has already mapped out sustainability strategy such that upon exhausting the available units, partnership collaboration would be ignited with the private sector for another round of 20,000 housing units.
“Beyond any doubt, this state government made 100 residents of the state house owners in their own rights last month, this month also, another set of 200 home owners have emerged under this initiative. We will continue with this method until the housing deficit in the state is reasonably bridged.