The Federal Government and the Lagos State Government have commenced talks on how to harness potentials in the housing sector towards cushioning the strains in the economy.
Lovetvnews Nigeria reports that the duo using the platform of the 10th Meeting of the National Council On Lands, Housing and Urban Development, the highest policy advisory organ on the housing sector in the Country, have said the 10th conference would be optimised to gather submissions to form the bases for policies towards optimising opportunities in the sector for economic revitalisation.
In his introductory remarks on Monday at the opening of the 10th Meeting on the theme of the conference tagged “Housing Development as a Catalyst For Job Creation, Social Inclusion and Economic Development,” the Director, Planning, Research and Statistics, Federal Ministry of Works and Housing, O. B. Ode-Martins, said the Council which is the highest policy advisory body for the housing sector in the Country would be coming up with inferences drawn from the deliberations, which according to him, would be instrumental for policy making towards vitalising and repositioning the sector for economic development.
In his submission, the Chairman, Local Organising Committee on the 10th Meeting of the National Council On Lands, Housing and Urban Development and Permanent Secretary, Lagos State Ministry of Housing, Mr. Wasiu Akewusola, asserted that the housing sector holds huge potentials for job creation.
“Directly or indirectly, job is being created through the construction of houses any where in the world. That is how the economy is stimulated. When we put more money in the housing sector, you will create more jobs certainly,” he submitted.
He said the meeting was conceived against the backdrop of several economic challenges of joblessness and social explosion, coupled with the pandemic COVID-19, demanding intervention to mitigate the challenges.
According to him, the conference would brainstorm on how the economy can be “revitalised through accelerated and inclusive housing development.”
He stressed that the potentials of the sector hold deep opportunities to contribute to the task of revamping the economy.
He appreciated the Lagos State Govenor, Mr. Babajide Sanwo-Olu for support to host the conference which he said was a clear commitment to spurring growth in the sector.
Speaking, the Director, Public Affairs, Lagos State Ministry of Housing, Mrs. Adeola Salako, said the State has committed much investment into reducing the challenge of housing deficits in the State borne by the teeming population and limited land space.
According to her, with the concerted efforts of the Ministry and relevant agencies including the Lagos State Mortgage Board and the Lagos State Development and
Property Corporation (LSDPC), the State Government has been working assiduously to ensure the provision of affordable homes to reduce the gap of the deficits.
She disclosed that soon a number of housing schemes including the awaited Igbese 480 units bedroom apartment of various suits, over 770 units of homes in Sangotedo; and another 3,500 units of two bedroom flats, were undergoing completion to add to the existing schemes across the State.
Salako further mentioned that the State Government is committed to regulatory measures to ensure unsuspecting citizens are not cheated by mischievous practitioners in the real estate sector – a development she said necessitated the establishment of the Lagos State Real Estate Regulatory Authority to guide against quackery in the State.
In his submission, the National President, Town-Planners’ Association of Nigeria, and former Lagos State Commissioner for Physical Planning and Urban Development, Tpl. Olutoyin Ayinde, said it was important for government at all levels to plan towards developing the housing sector, arguing that “If we do not plan, we would perish.”
According to him, the increasing economic demands on the limited land space in the Country amidst population explosion, call for strategic planning.
“Our land resources are not increasing; they are fixed, but our population is increasing, and as they are increasing, there is demand for the lands; there is demand for agriculture, for housing, for commercial areas; there is demand for animal husbandry, and all of these things can only work out when you plan.”
He argued that when government refuse to invest in preparations of plans and implementation of those plans, there would be challenges for the economy.
“I believe this is one of the necessary conversations that we must continue to have because Nigeria is yet to be at the level it is supposed to be in terms of housing.
“There has been controversies for example on whether we have housing deficits or not, but the truth is when you see people sleeping on roads and under the bridges you definitely know that we have housing deficits.
“I think it is an opportunity for us to begin to rethink our housing policies and our planning. It is only when we think these things through and we commit ourselves to it that we are able to become better in terms of housing provision,” he said.
Speaking on the use of alternative energy technologies in the Housing sector, the Representative, Nigerian Energy Support Programme (NESP), Edina Okodi-Iyah, spoke on the need for adopting alternative energy sources for efficiency systems in new building designs which according to her is veritable to facilitate energy consumption efficiency.
Larfarge Representative, Engr. Femi Yusuf, said the challenges of using traditional patterns for building houses have been contributory to the problems of housing in the Country, stressing that the speed and finishing quality of structures could be vitalised by newer technologies.
According to him, newer building technologies permit flexibility, speed, sustainability and efficiency which could facilitate building structures for as fast as the space of 18-hours.
Fidelity Bank Announces Season 5 promo (GAIM 5), Excites Customers
Lagos: New CP Resumes, Says He Will Intensify Fight Against Crime
Lagos Police Command Celebrates AIG Hakeem Odumosu As He Takes A bow
FG Urges Private Sector To Maximise AfCFTA
Abiodun Alabi Becomes Lagos New Police Commissioner
Reps Order Probe Of Contract Kickbacks, Extortion By MDA Officials
FIRSTBANK REWARDS CUSTOMERS IN TRANSACT AND WIN PROMO
2023: North East legislators back N’Central colleagues on Yahaya Bello
LAWMA Embarks On Two-day Enforcement Operation at Lekki
Breaking: Lagos 2023: Tinubu Set To Replace Sanwo-Olu With Hakeem Muri-Okunola
News1 year ago
GAY: Nigerian Man, Ayo Unveils His Partner
Breaking6 months ago
Breaking: Nigeria Is A Victim Of Leadership Disaster- Rev. Aniagwu
Entertainment5 months ago
Finally, Tuface Reacts To Cheating Allegations By Annie Idibia
News7 months ago
Breaking: Finally Obasanjo Speaks About President Buhari’s Death
Breaking5 months ago
LAGOS ANNOUNCES SCHOOL RESUMPTION SCHEDULE FOR NEW ACADEMIC SESSION
Breaking4 months ago
BREAKING! Unknown Gunmen Kill Late Prof Dora Akunyili’s Husband
Breaking6 months ago
Shocking: Chevron CMD Divorce Throws Wife, 8-Year Old Daughter Out Of Matrimonial Home…
News8 months ago
Read Details Of How Prophet TB Joshua Died