News

December 25, 2015

Ogun to build affordable houses in 2016

Ogun to build affordable houses in 2016

Gov Amosun

ABEOKUTA—In a bid to check housing deficit, the Ogun State Government is to begin the construction of mass affordable houses across the state in 2016.

Special Adviser to the Ogun State Governor on Housing Development, Arch. Jumoke Akinwunmi, who made this known in Abeokuta, assured that  the state would witness massive turnaround in housing development.

She disclosed that the Ogun State Housing Corporation would partner housing development firms and the Federal Mortgage Bank on public/private collaboration to achieve this objective.

Defending the 2016 budget of her agency before the state House of Assembly Committee on Finance and Appropriation at the Assembly Chamber, Akinwunmi stated that N3,556 billion would be spent in the 2016 fiscal year with the recurrent expenditure of N415,000,000.00 and capital expenditure of N3.141 billion against N906,961,050.77 spent in the outgoing year.

“It is noteworthy to say that the corporation is confident in making houses available to the residents of the state as the proposed budget estimate for 2016 is all encompassing to make it a reality”, she added.