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Lagos seeks private sector partnership to tackle housing deficit

To address its eight million units housing deficit, the Lagos State government has expressed readiness to partner with interested and capable investors in the real estate sector. Commissioner for Housing, Mr. Moruf Akinderu-Fatai, said this in his Ikeja office while reviewing the activities of the ministry.

He described the housing deficit in the state as quite huge, particularly in the urban areas, adding that “private sector participation is essential in changing the narrative.”

The commissioner pointed out that while the state government was set to deliver more homes this year, through rigorous planning, more could still be achieved if more private investors were willing to collaborate with the government.

Credit: The Guardian

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