Lagos State government on Tuesday expressed worries over the rising
housing deficit in the state which it puts at three million units.
second Real Estate Stakeholders’ Forum held at the Lagos State
Government Secretariat, Alausa, Ikeja, pointing out that about 87 people
per hour entered Lagos on daily basis.
Lawal
said the fact that Lagos is Nigeria economic nerves centre had made it
susceptible to influx of people which he noted had in turn put
continuous pressures on the state’s infrastructures.
“About 87
people per hour enter Lagos on daily basis. This has led to unusual
pressure on land and housing infrastructural facilities. And these have
even led to the inadequate housing and increased number of slums in the
state. Today, the state has about three million units of housing
deficit. But in the next four years, we planned to provide 20,000 units
of houses in the next four years,” Gbolahan said.
The
commissioner, however, disclosed that the administration had appointed
facilities managers for both it’s old and news housing estates, saying
that with such appointments, the tide of continuous depreciation in
values of such houses would be stemmed.
Special Adviser on
Housing, Mrs Adebimpe Akinsola, in her remark, decried the negative
effect of the fraudulent real estate practices on the state economy.
“It
is instructive to state here that the world over, fraudulent practices
is age long issue, since we are all humans, such acts are to be expected
in our day-to-day activities or daily relationship.
“Real estate
fraud is when an individual or agency uses false information or
misrepresents the information for any Real Estate Transaction. Such
activities have adverse effects on economic activities in the state,”
Akinsola said.
