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Tag Archives: Lagoshoms

What you should know about Lagos Building Investment Company

Lagos Building Investment Company

Lagos Building Investment Company Plc (LBIC) was established as a Corporate entity on the 14th of February 1980 with the aim of providing Mortgage Finance Facilities to allotees of the various low cost housing Schemes built by the Lagos State Government (1979-1983). This article reveals all you should know about Lagos Building Investment Company. With the promulgation of the mortgage Institution Act.No.53 ...

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Lagos State Government Releases 108 Housing Units

Gov Ambode urges residents to become house owners through new policy

The State Government has released 108 housing units for sale at Oko Oba, Agege. According to the General Manager, Lagos State Mortgage Board, Mr. Dehinde Tunwashe, 54 units will be on a 10 year mortgage at 9.5 per cent interest rate and the remaining 54 units on outright sale. “The Oko-Oba scheme which was recently commissioned has spacious 2 and ...

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Winners Lament Delay In Allocating Lagoshoms flats

Lagos State diverts traffic at Ojota loop

Unable to take possession of their homes, more than 15 months after they subscribed and won their flats under the Lagos State government’s housing programme – LagosHoms in Mushin area, the allottees are calling on Governor Akinwunmi Ambode to intervene in their plight. In a letter dated November 30, 2015, a copy of which was acknowledged by the office of ...

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“Lagos state has not been able to tackle the housing problem” – Commissioner

The Lagos State Commissioner for Housing, Bosun Jeje, said on Tuesday that the state government has not been able to tackle the housing problem in the state because of the high cost of building and non-availability of fund. He, however, added that the state government under the outgoing administration of Governor Babatunde Fashola, provided 10,000 housing units for people of ...

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