Commissioner says the units are for low income earners

The Lagos State Government, on Thursday, said it built 886 housing units in different parts of the state in the last five years.

Speaking at the maiden edition of the Real Estate Unite 2012 conference, organised by 3Invest Ltd., Bosun Jeje, the State Commissioner for Housing, said the housing units were built for low income earners, to improve their standard of living and ease housing challenges in the state

?Apart from the multiplier effects of the provision of houses on the economy and the people, the regulation of transactions in the real estate sector of the state will have direct positive impact on all concerned,? he said.

?Shelter, as we are all aware, is a basic human necessity after food. The population of Lagos State, which is put at over 18 million people naturally, makes the provision of houses a top priority for any responsible government.”

In her reaction, Ruth Obih, Managing Director, 3Invest Ltd., said the conference was aimed at uniting stakeholders in the state?s real estate sector to improve the standard of practice and assist the government promote the sector.

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