Category: Building & Properties

  • A stitch in time…

    A stitch in time…

    Many of the buildings in the Lagos State Low Cost Housing Scheme popularly known as Jakande Estate at Adeniji Adele on Lagos Island are weak. During a visit last week, Governor Babatunde Fashola said the estate would be rebuilt. Welcoming the idea, some of the residents canvassed for “proper relocation” by the government before the renovation, reports SEYI ODEWALE.

    It was a surprise visit, but it was welcomed by residents of Lagos State Low Cost Housing Scheme popularly known as Jakande Estate at Adeniji Adele on Lagos Island. The buildings are threatened by flood and many are already showing signs of distress. So, when Governor Babatunde Fashola visited the estate last week, the residents were happy to receive him. The governor, they reasoned, had come to address their plight. Many of the houses are leaking, with sewage running through some of the compounds.

    A shocked Fashola said he would not stand by and watch until the buildings collapsed before doing something. He said he would relocate the residents and even give them money to rent houses, pending the rehabilitation of the estate.

    Ade Fakoya, who lives in the estate, agrees with the governor.“The way residents of this estate, especially Adeniji Adele, managed the place has left so much to be desired. The place, apart from being over-crowded, is not fit for humans. Is it the pile of dirt that usually blocks the canal beside the estate you want to talk about or the impunity with which the residents deface the place that you want to talk about? Everywhere in that estate, you will agree with me must be rebuilt,” he said

    Built about 30 years ago, the estate, which has four phases, was among those built by the administration of the first civilian Governor of Lagos State, Alhaji Lateef Kayode Jakande, to ease housing problems, especially of middle and low income earners. The idea paid off as many keyed into the project, which simultaneously took off in almost every part of the state. They included Lekki, Isolo, Amuwo-Odofin, Alapere, Iyana-Ipaja, Ikorodu and other areas.

    Recalling with nostagia when the estate was newly built, Fakoya said: “You needed to see what it looked like when it was newly built. It was very decent, clean and habitable. How and when decay set it, to me, is a matter of conjecture, because it did not come suddenly. The decay grew over the years.”

    But over the years, the estate, like its contemporaries in the state, has suffered a lot of abuse and neglect by its owners. Aside, there are other factors that, unfortunately, eroded the integrity of the buildings in the estate. These include the land on which they were built and the circumstances under which they were erected.

    “Every time we look at those buildings that are distressed, we must also look at the background of how those buildings got there. There was no land in that place. The impression of land was created by the construction of the Third Mainland Bridge, which necessitated sand filling of the area. And the era when Alhaji Jakande constructed those buildings was when the Federal Government and the state government were struggling over landed property. Before it was being used for wasteful exercises the state government came in, and we needed those houses then,” said Commissioner for Physical Planning and Urban Development, Toyin Ayinde.

    The hurried manner with which the estate was built, Ayinde told The Nation, gave no room for soil test. This, however, undermined the government’s efforts as the building after some years began to sink until most of them showed some signs of distressed.

    “So, those houses came within that circumstance and the necessary soil tests were not done then because they were in a hurry to put up those buildings for people to move into them. Obviously, over the years, structures like that would be distressed,” Ayinde said.

    Fashola’s pronouncement has, however, sent jitters down the spine of many residents as they are not clear on how sincere the government will be and how it wants to go about it.

    “The news about the government coming to demolish our estate is not in any way new to us. We heard it about two years ago. But what we are not clear with is how government wants to go about it. We have been told that we will be relocated pending the time the estate will be rebuilt, but where are we going to be moved to?” asked Hon Gbenga Akinnubi the estate’s Phase I residents’ chairman.

    This fear, among others, he said, is causing a lot of discomfort among residents who would not want to be dislodged from the kind of life they are used to on Lagos Island. “Majority of our children were born in this estate, even some of the older generation cannot live their lives outside Lagos Island. So, if we are all relocated to another place, which we feel will definitely be outside Lagos Island, most of our people will find it difficult to adjust, knowing that the exercise will last until the buildings are reconstructed and completed. And this in the minds of our people will take months,” said Akinnubi.

    He continued: “We appreciate the government’s concern about the state of the buildings and we are in support of the move to regenerate them. It is just that our people need to be assured that they will not suffer unnecessarily for their houses. You may wish to know that we have since paid for these houses. We own them.”

    Akinnubi made a suggestion: “We would love it if the government could just develop a section of the Phase II of the estate, which has some space, to serve as a transit camp for us. What will just happen is that we will be moved in phases as soon as the buildings are completed. If they move residents of five buildings to the camp, their apartment would be phased and when completed, they would be settled in them and others would follow suit in that order.”

    But the Physical Planning Commissioner assured residents, saying they have nothing to fear. “Government intends to rebuild those buildings and endeavour that those living there come back. To do a sustainable building in that environment for now would take one no less than 35 metres depth below the present ground level; meaning that you would have pile foundation. Now if the existing buildings were erected on piles it is not very likely that we will have the present situation now,” he said.

    Akinnubi’s statement was corroborated by the chairman of the estate, comprising all the four Phases, Alhaji Wakili Anbali, who said the plan goes with their aspiration. “We have been crying for about nine years to the government to come to our aid in this estate. And when they eventually came, we had no choice than to welcome them. It is okay with us,” he said.

    He said a portion of land between phases II and III could be used to settle residents in phases pending the time the project is completed. “If they take some people there now, their former apartments would be done and after that they take them back for others to take their turns,” he said, adding: “We would not want to be taken to far places outside Lagos Island, like Agege, Iyana-Ipaja or some place like that,” he added.

    When the commissioner was asked if the scheme would take after that of Isale-Gangan, where the government rebuilt the place for its owners with a promise of giving them their buildings back when completed, Ayinde said: “Isale-Gangan is a different case, but a regeneration exercise. It is different in the sense that people, who have their different properties, then pulled their small land area together and were being supported by the government and each of them will get back their apartments,” he said.

    The scheme, he said, is not denying the owners of their properties, but to assist them in making the place habitable. “I don’t know if you have been to that area lately, you will see why we are most concerned. We don’t want cases of building collapse again in Lagos and virtually all the buildings there are weak and distressed. Not only that, the area is prone to flooding because of the blocked canal by the estate. So, all these will be done to make the place fit for living again,” he assured.

    But Adeniji-Adele, the commissioner was told, is not the only estate in that category that was distressed. “Of course, we know that there are others like that. It will be extended to them, but we must also not forget that every exercise like this requires funding. In matter of funding, we talk about prioritising. Don’t forget that housing is not the only need of Lagos. We also need to intervene in education, health, transportation, road infrastructure and expanding water provision.

    “So, there are a lot of things competing for the limited resource and never ever forget that Lagos State has the largest population of all the states in Nigeria and all of these have to be balanced. That is part of the challenge we have. But let me also say that we have private sector participants who are showing interests in collaborating with the government to develop such estates. They want to come in, do the relocation for those who are there, build the structures for them to occupy and probably develop others for commercial purposes,” he said.

    Asked if the exercise would require the owners to pay some additional cost to regain their apartments, the commissioner, who first said no, later added that by the time the project is completed value would have been added to the buildings at some costs.

    “No, no, no, no. I will take Adeniji, for example; we have a proposal by private sector participant who plans to relocate them at no cost to them, of course, if they don’t yield their tenancy up and leave those buildings. Let us not forget that every one of the flats in that estate belongs to some people; they bought them. And if, perhaps, they have cooperated in maintaining them, it would not have got to that level. We must also recognise our bad maintenance culture, not just in Adeniji Adele, but for us generally as a people. As somebody said: “You don’t have a piece of engineering structure on ground and refuse to maintain it. Nowhere is it done in the world. So, it’s about the ability for them to yield. Once they yield, the plan is for them to come back there without any payment. Although we must note that it’s an added value, definitely they (the buildings) would not come back at their original value,” Ayinde said.

    He, however, decried the misconception among some sections of the society that Governor Fashola’s administration was demolishing buildings arbitrarily in Lagos, noting that those who share the view are pessimists. “It is just like looking at a glass of water to say either it is half empty or half full. When you look at it and say half empty, you are seen as a pessimistic person, but when you say it is half full, it means that you are optimistic and hopeful that the glass will, eventually, get full. So, I think the message should change; it should be a message of hope. Have you been to the area lately? And what is your impression? If you have been there, you will know what we are talking about. We are bringing to them a message of hope and better living environment,” he said.

    When The Nation visited the estate, it discoverd that it needs urgent attention. Entering through Phase I by the Taxi Park, it met with images that assaulted its sensibilities. The state of most buildings, the untidy state of its inner roads and attachments, such as shops and kiosks could also make the place a haven for criminals, especially when night falls.

    Perennial flooding of the area can also make living there hellish. “Although we are not happy with the flooding, what can you do as an individual when people around you are defiant especially in dumping of refuse in the canal?”asked a resident who, wished for anonymity.

    Most residents on the Island, especially Adeniji Adele, he said, do not have an acceptable way of disposing their wastes. “That was why the canal got blocked,” he said, adding: “With the channelisation efforts of the government, living around here would be cool as flooding would have been tackled,” he added.

  • Planned cities coming in Ogun, says commissioner

    Planned cities coming in Ogun, says commissioner

    As part of its cardinal programmes, the Governor Ibikunle Amosun’s administration intends to have planned cities across the state, Commissioner for Physical Planning Adebayo Fari has said.

    During an interview, he said: “We have been strict with the monitoring of property development by ensuring compliance with the master plan. Residents have been complying and cooperating with us. There has been improved voluntary compliance which is necessary in the enforcement of any law.

    ‘’We have identified some black spots but with the support of the governor, we are on the path of correcting the mistakes of the past.”

    He said the government encouraged some problems, adding: “One hurdle we faced on assumption of office as the commissioner for the environment was flooding. It created a lot of challenges for the government because of the unregulated property development across the state. Mostly affected were Ifo and Ota local government areas.”

    On compliance, Fari said: “The sincerity being exhibited by this administration has really helped us. With what the people have seen in this government, I believe they have made up their minds to cooperate and give maximum support. We have done series of sensitisation. The government acquired a number of vehicles and branded them Build right initiative and the modus operandi of this programme has been to go into the nooks and crannies of the state to engage communities in dialogue on the need to adhere to the master plan and the need to also visit our offices for first-hand information on land status and the consequences of not getting necessary permits before building.”

    He said the governor planned that in the next 10 years, more people are liekly to moved into the state because of the onging developmental projects.

    “This is why most of the roads we are constructing would be inaugurated in a short time. Most of them are six lanes. With a projection that the population of Ogun State will hit between 10 million and 11 million in another 15 years, we should be providing for that population now. That informed the massive investment in road infrastructure, in education, in urban and physical planning among other sectors. We are also doing a lot to make sure that everything is in line with the visions of the founders of the state,” he said.

    On the menace of land speculators Omo-Onile, he said: “We have noticed this and I want to admit that the government created an avenue for it in the past. What we have seen is that the government after acquiring large parcel of land and went to sleep thereby, giving room to land speculators (the Omo-Onile) to take advantage of this to encroach and resell such land to unsuspecting members of the public. The unsuspecting allottees will come forward to argue that they bought the land from someone who claimed to own it and then start to build. What should have been done is that immediately government acquires a parcel of land, it should go ahead and do a layout of the place and start allocating to people and provide the necessary infrastructure to make it habitable.”

  • Panel on FHA’s restructuring, commercialisation inaugurated

    Panel on FHA’s restructuring, commercialisation inaugurated

    The Minister of Lands, Housing and Urban Development, Ms. Amal Pepple, has inaugurated an 18-member steering committee on the restructuring and commercialisation of the Federal Housing Authority (FHA).

    Ms. Pepple said the committee was informed by the need to involve relevant stakeholders in the efforts to bridge the nation’s housing deficit estimated at 16 million.

    She said though the deficit figure was disputable because of the lack of a reliable housing census, she, however, agreed that a huge deficit existed, especially in the provision of housing for low income earners.

    She said the Ministry had designed some houses to address the need in that segment of the society, expressing hope that improvement would be noticed in the coming years.

    FHA, the Minister said, was established over 40 years ago to deliver mass housing to Nigerians, regretting that it had not delivered satisfactorily on its mandate.

    She blamed the failure on poor internally generated revenue base; poor corporate governance; lack of internal cohesion and high cost of its housing units among others.

    To address these issues, she said, a special committee was set up by her to restructure the Authority in May, last year and that the panel recommended a overhaul of the FHA, while another body that was set up came up with an action plan for the implementation of the recommendations of the restructuring committee.

    Following the approval of the President, the minister said, a technical board was set up in January this year to oversee the restructuring and commercialisation of the FHA.

    Pepple said the steering committee would work with the technical board and the interim management team in drawing the commercialisation plan of the Authority.

    The committee, she said, among others, would: advise on steps to create necessary conditions for the provision of mass affordable housing by the FHA in line with the National Housing policy; propose policies and regulatory framework to drive the sector; advise on the role of the private sector in providing mass affordable housing in the country; advise on necessary actions to ensure the successful commercialization of the FHA; consider and advise on the Public Private Partnership framework and options being envisaged for the FHA; review and propose measures that will encourage private sector participation and serve as a clearing house for sector policy recommendations for Council consideration and approval.

    The committee will also bring to the attention of the National Council on Privatisation any other matters which in the committee’s opinion are critical to government’s effort to reinvigorate and commercialise the FHA.

    The minister described the inauguration as a major milestone in the effort to make housing delivery in the country more robust and efficient, noting that funding was critical to the on-going reforms in the sector.

    She urged the organisations on the committee to consider taking up equity in the commercialised FHA.

    Director-General, Bureau of Public Enterprises, Benjamin Dikki, urged the committee to identify the issues that drive the housing sector and those that would encourage the inflow of private sector cash to the sector. He said the committee should come up with legal and regulatory proposals that would drive the sector.

    Organisations represented on the committee include: National Planning Commission; Federal Housing Authority; Federal Capital Territory Administration; Federal Ministry of Justice; the Central Bank of Nigeria; Nigerian Sovereign Investment Authority; Infrastructure Bank; National Pension Commission; and National Lottery Regulatory Commission;

    Others were Federal Mortgage Bank of Nigeria; Real Estate Developers Association of Nigeria; Skye Bank; Senior Staff Association of Communications, Transport and Corporations (SSACTAC) and Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

    The Sector Director, Bureau of Public Enterprises, Dr Vincent Akpotaire, will serve as secretary of the committee.

  • Luxury residential living unveiled in Ghana

    An exclusive residential development has been unveiled in Accra, Ghana.  Comprising 18 luxury homes in one of the most coveted locations in the city, Ambassador Heights Residential Homes according to a statement, promises to deliver world class design and quality.

    Modern glass facades, manicured private gardens, and beautiful interiors coupled with luxury finishes, fittings, and appliances, compliment a ownership experience owners of these apartment would have.

    Ambassador Heights is designed to be an urban sanctuary within the city for a privileged few. “This impressive development offers immediate access to Accra from the vibrant central business district to the sprawling seashore.

    “With merely a few minutes away from the city Arts Centre, the National Museum and directly opposite the National Theatre, prospective owners would not lack a feel of local culture and entertainment to cater; a remarkable shift from busy urban lifestyle.

    “Developed by the owner of the Moevenpick Ambassador Hotel and located within the same compound, Ambassador Heights is luxury personified with each home enjoying direct access to services and amenities of the surrounding complex, private concierge, world class dining, shopping, fitness, swimming and meeting and event facilities, all with the comfort of being in a secure environment supported by continuous 24-hour electricity and water supply.

    “With only 18 City Homes, the apartment offers a phenomenal investment opportunity in what is Accra’s premier downtown address,’’ the statement added.

  • New technology in housing delivery

    New technology in housing delivery

    A SOUTH African based Nigerian firm, Ifek-Brown Limited, has fabricated a brick/block making machine that can produce bricks/blocks at a faster rate and at affordable prices.

    The effort, according to the Chief Executive of the firm, Williams Okeke, is aimed at reducing the huge cost of building construction in the country.

    “Having looked at the building industry and the huge cost of construction in Nigeria, we then went ahead to fabricate equipment that will ease the cost of producing the major components of building, which are bricks or blocks,” he said.

    He said the firm is coming to the country to raise awareness of its product, help reduce unemployment and provide a better alternative to brick/block making technology.

    “We are coming to Nigeria to raise awareness and make our product affordable to all irrespective of class status or group. Our equipment is from Africa, built by Africans for Africa,” he added.

    Okeke said though the awareness would raise the earnings of the company, “but we principally think we can collaborate with both governmental non-governmental organisations, that are involved in building and construction industry. We are looking at taking our campaign to the six geo-political zones of the country to educate people on how this equipment works and the benefits from it.”

    He continued: “At the same time, we want to let them know that this can generate employment massively. It will take less cement in making blocks. It will take less cement and more sand because the vibrating machines are capable of making the blocks firmer. There is a chemical we are going to introduce that will make one to use half a bag of cement to lay about 150 blocks. What makes a building are the blocks used.”

    Aside the brick/block making machines, Okeke said his firm would collaborate with governments to build modular houses, which is a new technology in house delivery.

    “We are also introducing modular type of building, which is a new technology in building. We have places where it has been used. For instance, the Redeemed Christian Church of God (RCCG), Haggai Estate, Lagos-Ibadan Expressway, is using that technology to build their estate. It is a technology that can make about 20 three-bedroom bungalow in a day, using nine labourers. It may not be that cheap, but the more buildings we have, the lesser their cost,” he said.

    The brick/block making machines, according to Okeke, are electrically powered and woud ease stress that usually comes with manually operated ones and the bricks are made with ‘zero’ input.

    “We target small business outfits, who wish to upgrade their brick making endeavours. We also encourage medium scale enterprises to purchase the machines to enhance their productions. The machines can distribute more than a billion bricks in a year for construction workers in variety of shapes, colours and sizes,” Okeke added.

  • Firm targets one million homes

    TO meet the housing needs of Nigerians, a Lagos-based firm, A2W Estates Limited, has inaugurated an ultra-modern housing estate in Iju-Ishaga, a Lagos outskirt, with a promise to replicate it in other parts of the country soon.

    The firm’s Managing Director, Mr Adeolu Akinyemi, said the firm plans to provide one million classic and affordable homes in the next five years.

    He said: “The first phase at Iju comprises of four units of three-bedroom apartments and four units of studio apartments, developed to excellent standards and currently up for sale. The second housing project is 80 per cent done in Iju also while the third and fourth are starting soon in New Oko-Oba and Ogba areas of Lagos State.”

    The estate, he said, is in a serene and urban environment, which makes living splendid. “It also boasts of state-of-the-art facilities coupled with an inviting landscape which makes it very attractive to the people,” he said.

    The rationale behind the scheme, Akinyemi said, was borne out of understanding the disturbing gap in housing in Nigeria. “With a shortage of millions of houses, it is a responsibility we realise we can’t abandon to the government alone,” he said.

    He said his firm’s vision is to become one of the top five real estate firms in the vanguard of providing affordable housing to Nigerians, adding that the target is to develop housing units in every city of Nigeria.

    “We plan to cover all areas in Lagos State and make visible housing impacts in other states of the federation in the next five years, building at least one million homes and reducing the quota of the un-housed in Nigeria,” he added.

  • Why buildings collapse, by commissioner

    Why buildings collapse, by commissioner

    Why do buildings collapse frequently in Lagos? It is because of developers’ greed, use of substandard materials; emergence of ‘room lords’; failure to report  infractions and the use of unqualified professionals, says Commissioner for Physical Planning and Urban Development Mr Toyin Ayinde.

    He called on residents to place value on human lives rather than that of property by reporting promptly any illegal construction, structurally deficient and distressed buildings noticeable in their area. Ayinde promised instant action on such information.

    The commissioner warned people to stay clear of buildings that show signs of weakness, particularly those that have been marked as structurally distressed by the relevant agencies of government. This, he said, has become imperative in view of the recent collapse of buildings in various parts of the state.

    The Commissioner re-affirmed efforts of the government at enforcing relevant Physical Planning and Urban Development laws, noting that it is an indispensable tool for sanitising the building and construction industry and preventing illegal and non conforming developments.

    He solicited for the cooperation of the relevant security agencies in ensuring the prosecution of erring developers, contractors and building owners, who deliberately or ignorantly circumvent building regulations, engage in sharp practices, build or renovate without appropriate permits or compromise standard at the expense of human lives.

    He assured residents that the government is poised to do everything possible to reduce to the barest minimum the occurrence of building collapse in the state.

  • Dreaming big about housing

    Dreaming big about housing

    •Lagos targets 10,000 houses by 2015

    The target is 10,000 houses by 2015. The first step has been taken with the building of 500 houses in Agbowa-Ikosi, on the outskirts of Lagos, under the Public-Private Partnership (PPP). Is the state on its way to addressing the housing challenge? Seyi Odewale reports.

     

    IT is a big dream, but the Lagos State government is determined to achieve it. It aims to build 10,000 houses under Public-Private Partnership (PPP) by 2015. It has just inaugurated 500 houses under such arrangement with First World Communities (FWC) in Agbowa-Ikosi, on the outskirts of Lagos.

    “We have entered into agreement with the Lagos State government to deliver about 10,000 homes in order to ease the housing problem Lagosians are facing knowing full well that shelter is key to human survival.” These were the words of Ayo Yusuff, Business Development Manager, FWC, a private developing firm partnering with the state to deliver on its promise of providing houses for its teeming populace.

    Yusuff spoke at the inauguration of Cooperative Home Ownership Incentive Scheme (CHOIS Club) and unveiling of the 500 houses built by firm in Agbowa-Ikosi.

    The scheme, he said, is a partnership with the state to provide affordable houses to its teeming residents. “The aim of this partnership with Lagos State is to provide two-bedroom and three-bedroom apartments that would be affordable to the masses,” Yusuff said.

    The firm, he said, would provide en masse, affordable houses for both middle and low level classes, whereby a lease to buy approach is introduced. “To be able to achieve this objective, we now introduced a product called ‘Lease to Buy’. This is a payment arrangement for the acquisition of both two-bedroom and three-bedroom bungalows, whereby customers will pay 10 per cent as initial contribution and contribute additional 40 per cent over a maximum period of three years. The remaining 50 per cent shall be paid over five years,” he said, adding that the objective of the lease to buy is to allow everybody have access to homes at the end of the day.

    The initial aim of his organisation, he said, was to sell landed properties to people for them to develop, but a piece of advice from the state government changed this and gave room for a better and acceptable scheme. He said: Initially, we were of the opinion of selling landed properties, but Lagos State government made us to realise that a lot of people who own various landed properties did not develop them. So, the most important thing we can do for people is to encourage them to have housing units. If you have a home, you can bring your family into it. That is why we deemed it fit that instead of spending so much on landed properties, why not build homes for people?”

    He said the company realised that shelter is key. He said: “That is why we have gone into Private Public Partnership to provide housing units with the word affordability as the guiding rule behind the project. The cost of most of our buildings is always below N5million.

    ‘’The objective is to allow 10 per cent down payment and 40 per cent over a period of time, maximum three years, after which allottees will be given the keys to their homes. That is the essence of what we called lease to buy. The remaining amount, which is 50 per cent, will now be paid monthly while you live in the apartment. But before the completion of the 50 per cent, your status will be that of tenant until you have completed payment.”

    He explained that after the full payment the title of the home will be given to the owner.

    Yusuff said the Agbowa-Ikosi scheme will provide easy access for residents who work on Victoria Island, Ikoyi and Ajah as they could get to their offices faster than those that live in areas such as Abule-Egba, Ota, and Iyana-Ipaja.

    “Interestingly, Lagos State government is working on the completion of the road between Agbowa and Epe. In fact, a part of the road has been rehabilitated. So, what we are looking at is that at the completion of this project, the road between Agbowa and Epe would have been completed. This will provide access to Lagos Island via Epe, 15 minutes drive to Ikorodu and under an hour to Lekki by carand 40 minutes to Victoria Island through ferry,” he said.

    So far, according to Yusuff, 588 units have been completed and almost sold out. The expected four thousand units to be built in Agbowa-Ikosi, he said, would be built on 288 acres of land and completed by 2015.

    “The project started in 2011 and the objective is to build 10,000 homes between 2011 and 2015 in Lagos. In Agbowa-Ikosi, where we have CHOIS City, we are targeting 4,000, so also in Leki-Ajah axis where we have another project called CHOIS Gardens, we are targeting another 4,000 while Mile 2 axis will have 2,000. Those are the three areas under focus. The two projects at Abijo, Ajah and Agbowa-Ikosi are running concurrently. In the next six months we will complete another five hundred units in Agbowa-Ikosi,” he said.

    The city, which is being constructed by DCP Construction outfit, Yusuff said, has enthralling amenities such as schools for children and wards of residents; dedicated transformers for uninterrupted power; provision for medical centre and hospital; availability of shopping centres to support business activities; introduction of BRT services; ferry services; homes with sizeable modern rooms and toilets; serene environment; street lights; water and security.

    “With all these facilities in place our houses are affordable as a two-bedroom terraced bungalow is N3million, three-bedroom semi-detached is N4.5million, two-bedroom semi-detached is N3.7million. People who have no opportunity of getting facility from the bank and who have very low earnings are those we want to encourage to key into this scheme if they are interested. All they need to do is to save up, contribute the 50 per cent, have their homes, start living there and pay the rest over the stipulated period,” he said.

    Another advantage of the Agbowa-Ikosi Scheme, Yusuff said, is the relocation of the former Oko-Baba residents of Ebute-Metta to Agbowa-Ikosi.

    “For the purpose of commercia-lisation, the former Oko-Baba in Ebute-Metta has been moved to Agbowa-Ikosi and its new name is Timber Ville. The essence of it is that when we have Timber Ville here there would be an increase in commercial activities. People will now have reasons to live in Agbowa. Those working in the saw mill will also buy part of our property. Instead of going around looking for what to eat, there will be enough market to get what to eat. People will live within this environment and make their living here. We would have developed a new community and a new Lagos. This CHOIS City will be a replica of the Victoria Garden City (VGC) in Agbowa-Ikosi at the end of the day,” he said.

    The scheme, Yusuff also said, encourages outright purchase of the housing units by prospective home owners. “Our homes can be acquired out rightly, by paying 100 per cent of the property price without any instalment payments,” he said.

    The scheme, he said, is being financed by a consortium of banks, prospective owners’deposits and the project executor. “What the state government did was to make affordable land available to us by helping us talk to land owners to sell their land to us. In fact, the development has made land to appreciate in this area as speculators are using our scheme to advertise their land,” Yusuff added.

     

  • Estate agents form body, seek recognition

    To ensure a proper coordination of activities of estate agents and practice in the country, a new body, Association of Estate Agents of Nigeria (AEAN) has been inaugurated.

    The initiative, a promotion of the Nigeria Institution of Estate Surveyors and Valuers. (NIESV), is to enhance the professional knowledge of practitioners, thus making the property environment conducive and safe, while checking the activities of dubious agents.

    NIESV, according to a source, moved the idea of bringing all practicing agents together under one roof. The new association has been registered with the Corporate Affairs Commission (CAC) and we are working towards presenting a bill to the National Assembly for recognition and charter,” the source said.

    He said three categories of membership of the association have been created and are open to all professionals and other interested Nigerians with a minimum qualification of ‘O’ Levels. The three categories are: Certified Estate Agents (CEA), Registered Estate Agents an Estate Brokers. The CEA category is strictly for NIESV members.

    Interim chairman of the association, Chudi Ubosi said:”Initially, we wanted to make registration free, but we have to fund an office and staff. That is why we have fixed N5,000 as an annual subscription fee to be registered as members.”

    He continued: “AEAN, though an independent body, will draw on its relationship with NIESV to ensure that members receive training, study materials and are tutored regularly on how to run an estate agency.”

    He said estate agents were seen as those who inflate house rents arbitrarily and exploit desperate prospective tenants.

  • Integrated infrastructural master-plan on the way

    A national Integrated infrastructure master plan to guide the country’s investments in key infrastructure for the next 30years (2014-2043) is on the way. When introduced, the master plan would engender national development through the creation of an enabling environment for citizens to engage in productive activities leading to economic empowerment of citizens.

    The Minister of Works, Mike Oziegbe Onolememe spoke ninth annual project management lecture of the Building Department of the University of Lagos. The lecture was in honour of Professor Reuben Rimaka Iyagba, who retired from the university in January 2011.

    Onolememe, who was represented by an official of the ministry, Dr Kabir Abdullahi, an engineer, said: “One way of pursuing the Federal Government’s transformation agenda is the development of key infrastructure that could lead to the empowerment of citizens through the creation of an enabling environment for citizens’ engagement in productive activities that would lead to economic empowerment and engender national development.”

    The Federal Government, he said, was taking steps at transforming lives through massive infrastructural development. “Federal Government is taking concrete steps at transforming the socio-economic wellbeing of the country through massive infrastructural development.”

    Earlier, the Head of Department (HOD) Building, Professor Godwin Idoro, said global attention would be on Nigeria from January 28-30, next year when the department hosts the 2014 Conference of the International Council for Research and Innovation in Building and Construction (CIB).