Moruf Akinderu-Fatai. Photo credit: The Guardian
The Lagos State Government says it has recovered N277,020,500 from fraudulent real estate transactions and expanded its housing stock to 10,623 units, as part of broader interventions in the housing sector.
The Commissioner for Housing, Moruf Akinderu-Fatai, disclosed this on Wednesday during the annual ministerial press briefing at the Bagauda Kaltho Press Centre, Alausa, Ikeja.
He said the recovery was achieved through strengthened regulatory enforcement, while housing delivery efforts within the state had also generated 4,793 direct and indirect jobs over the past year.
“Lagos State’s housing interventions are being implemented against the backdrop of a worsening global housing crisis,” he said, citing United Nations-Habitat data, which he said showed that “nearly half of the world’s population, estimated at 3.4 billion people, currently lacks access to secure, safe and adequate housing.”
