Against the backdrop of the widening housing gap in the country, new partnerships and initiatives supported by the federal and state governments to address the housing shortfall  which is a daunting challenge, are being put in place, thereby raising the hope that governments can actually help provide the over 17 million new homes needed across the country in the next 15 years.

Access to affordable land resource for young salary earners who desire an investment in real estate in a controlled and serviced area with augmented living such as durable community roads with good drainage infrastructure, leisure and business parks with constant electricity and devoid of harassment by land grabbers known as Omo-oniles, has now been made possible with the development of Fairmont Estate by Propertymart.

Riding on the successful delivery of Lekki County Homes Estate, Lagos-based real estate development firm, Megamound Investment Limited, developers of Lekky County Homes, Lekki, and Carlton Gate Estate, Chevron Drive, Lekki, Lagos, has introduced yet another scheme known as County Apartments within Lekky County Homes, Ikota, along Lekki-Epe Expressway for prospective home owners or property investors.

In highly performing economies in the world, the government agencies know their briefs or mandates and keep to them without any attempt to interfere or encroach on other bodies’ statutory responsibilities. By so doing, businesses, industries and commercial activities experience smooth and steady growth. But in Nigeria, the situation is different because of over-lapping of functions among the Federal Government’s Ministries, Departments and Agencies, MDAs.

Apparently not pleased with the attitudes of some of the contractors handling federal road projects in the South-East geopolitical zone of the country, Minister of Power, Works and Housing, Mr. Babatunde Fashola, has noted that his ministry will henceforth commence on-the-spot visit to ongoing projects in the zone which includes Enugu, Abia, Imo, Ebonyi and Anambra states, to evaluate the performance of the contractors as part of the conditions for awarding contracts to them in the future.