Lagos State Governor Babajide Sanwo-Olu stated on Tuesday that the state government cannot address the housing issue on its own, but he also pledged to close the state’s budget gap.
This was disclosed by Governor Sanwo-Olu at the Lagos Building Investment Company’s and the Rising Lagos Apartment’s commissioning in the state’s Amuwo-Odofin Local Government Area.
He said: “I must commend and congratulate once again the leadership of LBIC and our Public Private Partner, WGC for their dedication, for their innovative mind and their promotion of excellence in bringing these projects to fruition for our citizens.
“Let me reiterate that the government alone cannot solve these housing challenges in Lagos. We will keep exploring innovative solutions. We will keep forming real, genuine partnerships.
“We will keep investing in sustainable development to ensure that as much as possible, as humanly possible, every Lagos resident that deserves has access to a decent and affordable housing need.
“I would like to extend a hand of cooperation with the administration and to the private sector and all other real estate stakeholders to continue to take advantage of the prospects that have been left untapped in our states and cities.
“Together, we think we can meet the critical need for housing, which will undoubtedly require a larger Lagos conversation to bring about.”
Olusola Faleye, Managing Director of LBIC, had previously said that the program was a major victory for the state government and its citizens.
