Oyo Govt To Partner Firm To Deliver Low Cost Housing Scheme

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PHOTO: Oyo State Commissioner for Lands, Housing and Urban Development, Barr. Abiodun Abdul-Raheem (middle), Permanent Secretary of the Ministry, TPL. Ademola Ajibola and other government functionaries at the Peridot Parklands, Topo, Badagry, Lagos during the tour of the Echostone Housing scheme


Oyo State government has disclose its readiness to partner a firm towards delivering low cost housing scheme that would cater for the housing needs of workers and ordinary people of the State.

This was said by the State Commissioner for Lands, Housing and Urban Development, Barr. Abiodun Abdul-Raheem when he visited Lagos State on a facility tour to Peridot Parkland Housing Estate, constructed by Echostone Development Nig. Limited at Topo, in Badagry on Thursday.

The 252 units’ estate at Topo has two bedroom each, with water, electricity,  paved roads and other modern infrastructures at affordable cost.

Abiodun went on the tour with the Permanent Secretary, Ministry of Lands, Housing and Urban Development, Tpl. Ademola Ajibola and Directors from the Ministry as well as other Ministries from the State like Ministry of Justice, Bureau of Physical Planning and Development Control and officials of the office of the Surveyor General of Oyo State.

He said “I can see you have done a wonderful job with what we have seen here and it is safe to say we can partner with you with regards to the interest of the present administration in Oyo State to provide affordable, decent and sustainable housing scheme for the people of the State.

“My advice to you is that you should improve on the areas we pointed out to you, especially on the ways to beat the cost, when it comes to bringing the same project to Oyo State.

“You have to consider the issue of cost, you know it is costlier here in Lagos to erect a building than in Oyo State, all we want is affordable and quality homes for our people who are workers, retirees or members of the public that are interested in such scheme.”

The Permanent Secretary, Tpl. Ademola Ajibola also appreciated the quality of work done at the Peridot Parkland Estate by the firm, adding that Oyo State has cheaper land to replicate the same project at affordable cost.

The representative of Echostone Development Nig. Ltd., Mr Gbenga Akanni, while welcoming the delegation from Oyo State said the firm was ready to partner with the State and would look into areas that would make it possible to reduce cost of the project when the time to replicate the project in Oyo State was ripe.

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