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Tuesday 21 November 2017
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’71 percent of Lagosians default in rents!’

igbinoba

By Ada Anioji

 

As much as 71 percent of Lagosians regularly default in their rents, a new study by the Roland Igbinoba Real Foundation for Housing and Urban Development, RIRFHUD has revealed.

The report which was formally presented to the public at an event held at the Grand Ballroom, Eko Hotel and Suites, Victoria Island, Lagos Friday also outlines that as many as 66 percent of respondents surveyed across the length and breadth of the city-state, disclosed that they yet preferred traditional brick and mortar constructions to houses made with alternative building technologies.

Entitled The State of Lagos Housing Market Report, Vol 2, it is a sequel to the first edition that had been published and launched in 2009.

Delivering his address as royal father of the Day, the Ooni of Ife, His Imperial Majesty, Ojaja Ogunwusi, who is himself a notable player in the Lagos and Nigerian housing market called on stakeholders in the industry to cooperate more altruistically amongst themselves and with government to ensure that Nigeria moves from housing construction to housing manufacturing, affirming that this was the only way the present collosal housing deficit in the country which is put at about 20million can be reversed.

On his part, Lagos Governor, Mr. Akinwunmi Ambode, represented by the State Commissioner for Housing, Honourable Gbolahan Lawal disclosed that the state had presently commenced a rent-to-occupy scheme to enable more of the teeming numbers of its population be able to access and afford houses of their own.

 

 

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