According to The Guardian, Prince Gbolahan Lawal, the Commissioner for Housing, made this announcement at a meeting with members of the ministry and the NMRC.

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Prince Lawal said the partnership showed the administration's commitment towards providing affordable houses for Lagosians.

“Government is working towards reducing poverty, because home ownership goes beyond shelter as it is a major investment, as such, we are making effort to tackle housing challenges.

We commissioned empirically based studies that were carried out across the state to ascertain the various needs that can guide government in its quest to reducing housing deficits.

As part of the outcome of our interaction with the representatives of the real estate sector, held recently, the involvement of the Public Private Partnership (PPP) has received boost as many of the actors had shown interest in our various projects, especially, in options such as rent-to-own initiative.

That is why we are exploring a collaboration with the Mortgage financing company that could enable the people have more access to homes as there are a huge number of houses that are yet to be accessed by the public”, he said.