Lagos State Govt Tasks Development Partners On Compliance With Terms Of Agreement

Posted on January 11, 2021

The Lagos State Government has called on housing developing partners handling various projects in the State to intensify efforts towards the speedy completion of all structures assigned to them, in consonance with their contractual agreements.

The Honourable Commissioner for Housing, Mr. Moruf Akinderu-Fatai, made the call during a site inspection by the Ministry of Housing team to Harmony Gardens Estate along Command Road, Ipaja in Alimosho Local Government.

Akinderu-Fatai expressed his displeasure at the slow pace of the project, saying that the developer is yet to meet up with the timeline indicated in the agreement signed with the State Government.

Reiterating the need for speedy completion of the project in order to reduce the housing  gap in the State,  the Commissioner implored the developer to intensify efforts on the speedy completion of the scheme, which started eight years ago, adding that the State Government has fulfilled its own obligations on the project.

He warned that if the Partner is unable to complete and deliver the project within the terms and conditions of the agreement signed by both parties, the State will terminate the partnership as indicated in the joint venture agreement.

According to him, “The Governor of Lagos State, Mr. Babajide Sanwo-Olu is highly committed to the speedy completion of all ongoing housing projects in the State. As such, he has directed that all ongoing projects inherited from the past administration must be completed as soon as possible”.

While noting that many joint venture housing schemes have resulted in the completion and availability of over 700 units, Akinderu-Fatai urged the developers lagging behind to work according to the terms of the agreement signed with Lagos State Government to achieve the desired goals.

The Commissioner also invited legitimate investors with financial capability to come forward and partner the State Government to provide mass housing for the citizenry as the administration cannot do it alone.

In his remarks during the site inspection, the Permanent Secretary, Ministry of Housing, Mr. Wasiu Akewusola, warned that only capable investors and genuine development partners should approach the Ministry for inquiry on the collaboration with the State Government.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Speaker of the Lagos State House of Assembly, Rt. Hon. Dr Mudashiru Obasa,... Continue
  CYRIACUS IZUEKWE The Federal Government has reaffirmed its commitment to ensuring stable and... Continue
ADEOLA OGUNLADE    The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda... Continue
BY TOLULOPE ROJAIYE A Nigerian professional in London closes her laptop after another workday.... Continue
KINGSLEY EBERE Stakeholders and members of the Igbo community in Mosan-Okunola Local Council Development... Continue
The All Progressives Congress, APC Presidential Campaign Council has expressed public concerns over former... Continue
The operatives of the Department of State Security Services (DSS) has arraigned a 32-year-old... Continue
MICHAEL AKINOLA  Justice M.S. Liman of the Federal High Court sitting in Abuja has... Continue
The Tinubu Support Group, TSG, has faulted former Vice President Atiku Abubakar over his... Continue
The Tinubu Support Group, TSG, has described the continued rise in national revenue as... Continue

UBA


Access Bank

Twitter

Sponsored