By Tope Musowo
Lagos state Governor, Mr Akinwunmi Ambode, yesterday said a total of one million housing units were required every year between the next fi ve to 10 years to fi x the defi cit in providing shelter for the people.
Th e governor also said that the state, as against the less than 2,000MW of power that it was currently being supplied, required over 10, 000MW, while out of the 750 million gallons of water needed daily in the state, only 210.
5 million gallons were being supplied.
Speaking at a round-table on infrastructure fi nancing organised by the Harvard Business School Association of Nigeria (HBSAN) in collaboration with the state government held at Eko Hotels in Lagos, Ambode said the state and indeed the country was at a critical point in history where careful assessment must be made on infrastructure defi cit and deliberate actions taken to address the challenges.
“We have a migration rate of 86 people moving into Lagos every hour, higher than New York, London or Mumbai; we have a population density of 6,939 persons per Kilometre and an average of 5 persons per household.
With all these come challenges and pressures on the physical and social infrastructure.
“As at 2010, our state was facing an infrastructure defi cit of $50billion, without the inclusion of housing and education.
In 2017, we can all imagine what this defi cit will be.
Th e governor said while he was not bringing up the details to scare the people, but such was needed to appreciate the challenges ahead in the sectors mentioned and others, adding that it was also for that reason that the State Government decided to hold the infrastructure roundtable to discuss way out of the challenges.