The Lagos State Government says it has delivered 9,970 homes in the past six years as part of ongoing efforts to tackle the housing deficit and make homeownership more accessible to residents.
The state Commissioner for Housing, Mr Moruf Akinderu-Fatai, made this known on Tuesday, during the Lagos State 2025 Ministerial Press Briefing at Alausa, Ikeja.
The event is part of activities marking the second year of Gov. Babajide Sanwo-Olu’s second term in office.
Akinderu-Fatai said the administration was determined to ensure that more people, especially low and middle-income earners, would have access to decent and affordable housing.
“We have commissioned and handed over 18 housing estates across strategic locations, including Sangotedo, Igbogbo, Epe, Odo-Onosa Ayandelu, Badagry, and Igando,” he said.
According to him, an additional 4,052 housing units are under construction, while 2,224 units are in the planning and design stages.
These projects, he said, were expected to be completed between the end of 2025 and early 2026.
He said the state government adopted a mix of funding models to drive the delivery of homes, including direct budgetary allocations, joint ventures with private developers, and public-private partnerships.
One of the standout initiatives, he noted, was the Rent-To-Own scheme run by the Lagos State Mortgage Board.
He said that the programme allowed residents to pay for their homes in manageable monthly instalments for years instead of paying upfront.
“So far, over 20,000 Lagosians have benefitted from the Rent-To-Own scheme, and 212 of them have completed payment and are now proud homeowners,” the commissioner said.
Akinderu-Fatai said that housing remained a key component of Sanwo-Olu’s THEMES+ Agenda, which focused on Transportation, Health, Education, Economic Growth, Entertainment, and Security.
He gave the assurance that the government was not compromising on quality.
“It is not just about numbers. We are making sure that the homes we deliver are livable, safe, and built to last.
“All our estates are being developed with basic infrastructure and amenities to ensure good quality of life,” he said.
On challenges, the commissioner identified the rising cost of construction materials as a major obstacle.
He, however, said that the state was finding ways to cushion the impact through local sourcing and innovative financing.
“We know the need is great, and we are doing everything possible to meet it.
“No part of Lagos will be left behind,” he added.
