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Tag Archives: Fashola

Fashola Hints At A N10bn Budget For Housing

Fashola Hints At A N10bn Budget For Housing

Minister of Power, Works and Housing Babatunde Fashola has said changes will be made to the national housing policy where necessary. He said some N10 billion might be budgeted for housing in the 2016 budget. He said there will be private sector participation and consistency in policy implementation in the coming years. Fashola who was addressing newsmen in Abuja  said ...

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Fashola Announces Master Plan For Nigerian Roads, To Re-Introduce Tolls

Fashola Announces Master Plan For Nigerian Roads, To Re-Introduce Tolls

The Minister of Power, Works and Housing, Babatunde Fashola, says the Federal Government will re-introduce highway tolling to raise additional funds to finance road infrastructure and ensure efficient road maintenance. Mr. Fashola said this on Tuesday in Abuja during his first news conference tagged “Setting the Agenda for Delivering Change”. He said that adequate funding of the nation’s road infrastructure ...

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Senate Mandates Committee To Invite Fashola Over Bailey Bridges

Senate Mandates Committee To Invite Fashola Over Bailey Bridges

The Senate, Today, mandated its Committee on Works to invite the Minister of Works, Power and Housing, Babatunde Fashola, over the status of Bailey bridges nationwide. Bailey bridges, made from pre-fabricated metal truss, developed and used during the Second World War, were built in Nigeria during pre-independence and post-Civil War era. They were used to provide temporary crossing for foot ...

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“Merging ministries of works/housing with power would not allow for efficiency in the system”

Asset declaration/ ' Merging ministries of works/housing with power would not allow for efficiency in the system"

Mr. Shehu Mallam Mikail has said that “ Merging ministries of works/housing with power, which requires enormous work, investments, supervision and regulation to enhance electricity generation would not allow for efficiency in the system. This type of merger would pave the way for conflict and contradiction in administrative procedures.” He said this in a chat with Sunday Vanguard in Lagos, ...

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Fashola inspects Ilubirin Estate and others

Federal Government to spend N270 billion for repair of 50 bridges

Just 42 days to the end of his eight-year (two-term) administration, Governor Babatunde Fashola of Lagos State yesterday inspected some ongoing projects in the state. Fashola, in company of State Executive Council members, visited the Ilubirin Foreshore Housing Estate at Ilubirin, Eti-Osa; Ijora-Badia Homes project, new-built Apapa amusement park and Alausa housing project. The governor walked the entire length and ...

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FASHOLA names housing estate after ENAHORO

Lagos State Governor Babatunde Fashola has named the Sogunro housing Estate, Ogba, after late nationalist, Chief Anthony Enahoro. In his address, while inaugurating the 240 housing units, Fashola lamented that the housing deficit in the country forced the state government to embark on the Lagos Home Ownership Mortgage Scheme, Lagos HOMS, to address the shortfall. Fashola further stated that aside ...

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Only Mortgages can reduce housing deficit – FASHOLA

Construction chiefs canvass dialogue on housing

The Governor of Lagos state, Babatunde Raji Fashola, on Thursday said home ownership through mortgage was the only way to address the problem of housing deficit in the country. The governor spoke at the inauguration of Chois Estate, a housing estate in Lekki area of the state. NAN reports that the 420-unit estate of bungalows and duplexes was delivered by ...

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Lagos-Badagry expressway completion date shifted till…

The Lagos State government last week, reaffirmed its resolve to complete the massive Lagos-Badagry expressway project despite the delay in completing the second phase of the ongoing N220 billion expressway expansion. But there are indications that the project would not be delivered by the Babatunde Fashola administration which fixed last month for the completion of the second phase of the ...

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LAGOS MEGA CITY PROJECT: HOMS to drive Urban Regeneration

In addition to its infrastructure upgrade and environmental transformation, the Lagos State government is using its pace-setting home ownership mortgage scheme—the LagosHOMS—to drive urban regeneration that would ultimately dovetail into its dream mega city status. This regeneration which has already seen some footprints in some parts of the state, particularly Ikeja and Lagos Island, involves the demolition of obsolete housing ...

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Lagos Produces New Landlords Through HOMS Scheme

Everywhere in Lagos, a striking picture of insufficient housing stares all in the face. From the stilts erected on the Lagos la­goon to the overcrowded houses in Idu­mota, Mushin, Agege and other densely populated areas of the metropolis, a huge gap exists in housing needs. No doubt, owning a home is probably the most important achievement for any individual in ...

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