Ogun Partners FG On 10,000 Units Housing Scheme

Governor Dapo Abiodun of Ogun State


In an effort aimed at addressing the housing deficit in the State, Ogun State Government has assured of it readiness to partner with the Federal Government, to provide 10,000 houses to the people under the Social Housing Scheme.

The State Governor, Prince Dapo Abiodun who stated this at the 3rd Annual General Meeting of the Gateway Mortgage Bank at the Mitros Hall, Abeokuta, said housing delivery plays a more critical role in the welfare of a nation, as it directly influences not only the citizenry but also plays major role on the performance of other sectors of the economy.

Prince Abiodun opined that the ongoing construction of 2,500 housing units in different parts of the State, was in recognition of the fact that decent and affordable accommodation, was the right of the people.

“The right to adequate shelter has been recognized and enshrined in numerous international instruments and conventions, supported by the most government around the world, and Nigeria is no exception. Consequently, programmes of assistance in the area of finance and provision of infrastructure have been designed by the government to enhance delivery.

For us, as an administration, in recognition of the fact that decent and affordable accommodation is a human right issue, hence, we have commenced our 2,500 affordable housing scheme to alleviate the crises of accommodation in our State, as well as part of our economic sustainability. We are also in partnership with the Federal Government for another 10,000 social housing scheme”, he noted.

The Governor urged the management of the bank to provide unique and excellent mortgage finance services to its customers, by bringing to bear their managerial acumen by collaborating and making the aspirations a win-win situation for their investors and customers.

“We live in a competitive world. Management must operate as a proper business, with all the trapping that we have to provide value for the money of investors and happiness for our clients. Your pride should be, to be a mortgage financial institution that will stand the test of time”, Abiodun said.

Earlier, the Chairman, Board of Directors, Gateway Mortgage Bank, Evang. Samuel Durojaiye disclosed that the bank was able to attract more investors, enjoyed the support of the State government and patronage of its relevant agencies in the collection of government revenue, as well as payment of salaries to State civil and political office holders.

The bank, he added, also build structures to provide support to the housing programme of the State government and widen the mortgage market, disclosing that the recently sponsored Foreclosure Bill when passed by the State House of Assembly, would ensure a faster and timely process of obtaining the Certificate of Occupancy and other title documents.


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