The Ogun State government says it plans to construct 10,000 housing units in 2024.
The State Commissioner for Housing, Jagunmolu Omoniyi, disclosed this recently in Abeokuta while defending the ministry’s 2024 budget proposal before the state House of Assembly.
Omoniyi said the essence of the housing scheme was to address the housing deficit in the state while taking advantage of public-private partnership (PPP) arrangements.
He said the ministry’s total budget estimate was N2.3 billion, adding that N1.79 billion will go for capital projects, while N542 million is for recurrent expenditure.
“We will be doing more of PPP. The state is blessed with abundant land mass.
“We have the market and comparative advantage. We are bringing housing units to all the three senatorial districts of the state. It is the right of all citizens and not a privilege for a few,” the commissioner said.
On his part, the commissioner for Physical Planning and Urban Development, Tunji Odunlami, presented a budget proposal of N1.29 billion.
Odunlami said of the amount, N999.9 million would go for capital expenditure, while the remaining N290 million was for recurrent expenditure.
