Private Sector Key To Future Housing Delivery- Fashola

Lagos State governor, Babatunde Fashola, has said that the future for housing delivery in the state lies with the private sector.

He said faced with the competing demand and limited resources, ''we are focussed by prioritising our programmes and redirecting the implementation of our housing programmes to private sector participation in the provision of mass housing.

We are convince that the future of housing delivery should be private sector- driven with government strengthening the operational environment and legal framework for private sector participation.''

The governor stated that such collaboration with the private sector would not just ensure the provision of sustainable human settlements, but would also increase productivity, reduce operation cost and attract private capital.

According to him, the result is that the public got quality and affordable houses and the private sector , new business opportunities.

Fashola said over the years, the sectoral challenges that bedeviled housing delivery propgrammes was rooted in lack of finance and high cost of building and infrastructural development.

'' Out of these factors, finance is the most critical ; both for housing production and home acquisition . The mortgage market which should provide finance for home ownership had been stifled by federal laws and rates.

'' Furthermore, the neck breaking confidentiality and red- tapism involved in accessing mortgage loan had made it unattractive,'' adding that towards this, the Lagos State Mortgage Bill was promulgated .

" In order to further regulate aspect of consumer loans acquisition of property in the state, we have concluded plans to set up Mortgage Board to give legitimate hope of home ownership to our people and ensure that low income citizens have access to these houses.''

Stakeholders Jaw-Jaw On Proposed Badagry Masterplan

With the proposed expansion of Lagos- Badagry Expressway to 10 lanes with a light rail transit system that will make the area the hub of commerce and industry in the West Africa sub-region, a new masterplan is being proposed for the ancient town.

The new masterplan will stem unplanned and indiscriminate erection of structures in the area as well as ensure that all houses to be built in the area follow specific patterns as specified by the town planning laws of Lagos State.

Key stakeholders in Badagry division gathered last week to deliberate and put their input into the new masterplan.

The stakeholders were led by the Akran of badagry, Aholu Menu Toyi II, Oba babatunde Akran, while indigenes and other residents contributed to the discussion and offer useful suggestions.

The design of the proposed masterplan is being done by Dar al Handasar Company which presented the stage one report of the masterplan containing new tourist centres, modern markets and water transportation, among others.

Commissioner for Physical Planning and Urban Development, Fransisco Abosede, noted that the state had attained the status of a mega city since her population was well over 18 million with current eight percent growth rate, adding that by 2015, the state was expected to be the third largest city in the world.

He stated that adequate provision must be made for Lagos in the area of master plan, in order to correct the decadence housing challenges and traffic congestion had brought and stem the increased growth of slums occasioned by the neglect of the 1980 Master Plan.

Abosede stressed that the current administration was determined'' to change the face of Lagos by transforming it into a functional, aesthetic and safe place for all to work, invest and recreate.''

He reiterated that the series of master plans were backed up laws for the purpose of sustainability, sequel to the Lagos Regional Plan of 1980 to 2000, which had been replaced by a new law, adding that these master plans were conceived to rejuvenate and revitalize areas that have suffered urban decay in the past cosmopolitan cities.

Abosede explained further that the master plans would , in the the near future , have a positive multiplying effect on existing infrastructure, reduce crime rate,improve environmental quality and also ease traffic and housing problems in the state.

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LAGOS MOVES TO STEM BUILDING COLLAPSE

The Lagos State government has moved to stem the incessant building collapse in the state, saying that it would not hesitate to demolish defective buildings in any part of the state.

The government said it was worried over frequent collapse of buildings and expressed the desire and determination to prevent further loss of lives and property through preventable collapse of buildings in any part of the state.
According to the Commissioner of Information and Strategy, Opeyemi Bamidele, some estates built by Alhaji Lateef Jakande were on the verge of collapse as well as some building along Adeniji- Adele road, Lagos Island.
He appealed to landlords as well as residents whose buildings had been declared structurally defective to immediately relocate and bring same to the attention of the state government through the Ministry of Physical Planning and Urban Development.

He reminded members of the public that owners of any building that collapse in the state would forfeit such landed property to the state as provided by the law.

"To prevent this and importantly to guide against loss of lives and property, owners of structurally defective buildings should endeavour to contact the state government or engage the professional services of structural engineering consultants for clarification where in doubt,'' he said.

Bamidele called on members of the public to report cases of defective buildings in their neighborhood to the state government for appropriate action, adding that government does not want a situation where people will wait till their buildings collapse, resulting in loss of lives and property.

ALLOTTEES IN GOVT HOUSING ESTATE MUST REGISTER PROPERTY

The Lagos State government has come up with clear terms that allottees in all government housing estates must obtain their title deeds and register such with the Lands Registry to be legal and valid .
This was the decision of government during a stakeholders meeting with allottees in government housing estates on registration and perfection of grant of Sub- lease.
Senior Special Assistant to the Governor on Land Matters, Mr Aina Salami, said government had discovered that over the years, many allottees of housing units built by government housing agencies only had letters of which were given to them at time of sale of the houses.
According to him, some of them had even sold their property without obtaining requisite Governor's Consent to such transactions, stressing that the state government decided to step in and do something about this irregular situation.
Salami said government decided to step in to make house owners aware of the legal requirement under the state law to obtain title document after purchase of property and to register such with the Lands Registery.

While stressing further the importance of such exercise, he said " By registering your property,you can get a mortgage from a bank to buy another property, you can also get a security of title and you are also able to guide against the fraudulent practices of criminals and you are also able to have a seamless transfer of your property to third party as you desire''.

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