Lagos to consider ‘rent and own’ housing scheme

Lagos State Governor, Mr Akinwumi Ambode, on Friday said
the state would consider adopting a ‘rent and own’ policy in
resolving the housing deficit in the state.
In an interactive session at his office in Alausa, Ikeja,
Ambode acknowledged that it was not easy for a winner of a
three-bedroom flat, under the state government’s housing
scheme, to make an initial payment of about N5m, which is
half the cost, before spreading the balance through monthly
payments.
He noted that it was unnecessary for a bachelor or spinster
to own a three-bedroom flat, stressing that it was better for
those in this category to get studio apartments and upgrade
to more spacious accommodations when they were married
and started having children.
He appreciated the solid foundation already laid by his
predecessors in office in the state, calling for suggestions
and constructive criticism by all residents, including the
media, so as to build on what was on the ground.
The News Agency of Nigeria quotes Ambode as noting that
the multi-modal approach already in place to tackle
transportation problems in the state would be improved upon.
He said his focus would be on ‘continuity with improvement’,
adding that the involvement of the private sector in solving
Lagos State’s transportation problems would be intensified.
Ambode explained that though about 230 private boat
operators were transporting about a million people daily
through the waterways, more were welcome.
“As more means of mass transportation come on board, the
more than 600,000 private car owners and 120,000
motorcycles that are being put on the road in the state on
daily basis will reduce in number,” he said.
On dwindling federal allocation, Ambode stated that the state
would enlarge its internally generated revenue drive, without
bringing hardship on residents.
According to the governor, less than half of the taxable
adults in the state currently performed their civic obligations,
saying it was time more are made to key into doing so
without increasing taxation.
Ambode pledged that more effort would be put in place to
promote tourism in the state and use this to provide jobs for
the teeming unemployed.
Specifically, the governor explained that a summit would
soon be convened to address the critical issues in the
sector.

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