The Lagos State Government has reaffirmed its commitment to complete and commission a 636-unit housing estate in Egan before the end of 2026, while also banking on public-private partnerships (PPPs) to expand housing supply and reduce the state’s housing deficit.
Moruf Akinderu-Fatai, commissioner for housing, disclosed this on Wednesday during an inspection tour of the Egan-Igando Mixed Housing Scheme, the Joint Venture (JV) Housing Scheme in Ipaja and the Lagos State Workers’ Village at Command Road, Ipaja.
He said the state was combining direct government investment with private sector participation to increase the delivery of affordable homes despite rising construction costs and inflationary pressures.
“This is government intervention. Government cannot build for everybody,” Akinderu-Fatai said. “What we are doing is encouraging the private sector to come into building for low-income earners.”
The commissioner noted that the PPP model has become increasingly important in bridging the housing gap, citing the housing development in Ipaja being executed through a joint venture arrangement, which he said is nearing completion.
