Lagos Govt adopts measures against skyrocketing cost of building materials

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The Lagos State Government on Thursday said it had adopted measures against skyrocketing prices of building materials, to ensure all contractors returned to site for speedy completion of ongoing projects.It said such would enhance its desire for affordable housing delivery. The Commissioner for Housing, Mr Moruf Akinderu-Fatai, during a facility tour of three estates under construction in Eti-Osa Local Government of the state, decried the slow pace of construction due to price fluctuations.

of the unserious ones that were not committed to meeting construction timelines. “We have housing units that we specifically target to the low-income earners and Mr Governor, if you recall, has always made sure that we bring down those prices. “There are certain housing units that are for commercial purposes. Ministry of Housing deliberately, under the directive of Mr Governor, concentrate on low-income earners,” he said. He said the housing schemes were not targeted at profit but to deliver affordable mass housing, adding that measures were in place to prevent middlemen from hijacking opportunities for residents.

The Permanent Secretary, Ministry of Housing, Mr Abdulhafiz Toriola, assured residents of reliability of the schemes, adding that prospective home owners should key into it by applying for houses through the ministry.Edo 2024: Deputy Governor to declare interest soon

 

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