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    Home » Sanwo-Olu Targets 14,022-Unit Delivery by March
    Real Estate

    Sanwo-Olu Targets 14,022-Unit Delivery by March

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 10, 20262 Mins Read
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    Manny Ita

    The Lagos State Government has confirmed it is on track to complete a total of 14,022 housing units by the end of March 2026 as part of a strategic effort to reduce the state’s significant housing shortfall. Commissioner for Housing, Moruf Akinderu-Fatai, disclosed that the administration has already delivered approximately 11,000 homes over the past six years, with the remaining units under construction to meet the first-quarter deadline. This initiative, part of the “Renewed Hope” housing agenda, utilizes a combination of direct budgetary funding and public-private partnerships to scale up the availability of affordable homes for low- and middle-income residents.

    ​Central to this delivery phase are the Egan-Igando Mixed Housing Scheme (Clusters II and III), which will contribute 576 units, and the initial phase of the Ilubirin Foreshore Housing project. The Ilubirin development, a 27-hectare waterfront district, is designed as a “live, work, and play” community that will eventually yield nearly 3,000 dwellings across buildings of up to 20 stories. Developers noted that extensive engineering, including significant sand-filling to elevate the site against potential flooding, was required to ensure the long-term viability of the coastal project.

    ​Additional projects nearing completion include 528 units at Sangotedo Phase II in Eti-Osa and regional developments in Epe, Badagry, and Ibeshe. The state government has emphasized its focus on making these units accessible through flexible financing models such as the “Rent-To-Own” program, which allows first-time buyers to take possession with a 5% down payment. By finalizing these 14,022 units, the administration aims to stimulate local economic activity and provide modern, secure residential options to meet the needs of the state’s expanding population.

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    Ifetayo Adeniyi
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    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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