Skip to content
August 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Press Releases
  • LASG SEEKS SUPPORT OF WORLD BANK TEAM FOR MASS HOUSING DEVELOPMENT
  • Press Releases

LASG SEEKS SUPPORT OF WORLD BANK TEAM FOR MASS HOUSING DEVELOPMENT

Admin October 9, 2022
prevention guild

October 9, 2022

Lagos State Government has sought increased collaboration with the World Bank for the development of mass housing schemes in the State.

The Commissioner for Housing, Mr. Moruf Akinderu-Fatai, made the appeal during a working visit by a World Bank team led by Dr. Fuad Malkawi, Senior Urban Development Specialist and the Spatial Planning Community of Practice Leader at the organisation to the Ministry, calling for partnership with the Bank to ensure that the vision of housing for all, is achieved in Lagos State.

“Uninhibited migration to Lagos from other States of the Federation and some countries in the West Africa region has made the challenge of housing very critical. Given the littoral nature of the State, enormous support is required in the area of housing development”, Akinderu-Fatai stated.

He pointed out that Lagos State needs to build thousands of more houses to accommodate the increased influx, soliciting assistance in the area of innovative technology that could make housing development faster and safer across the State.

He said: “The required intervention in housing development now is a new technology that can make for a speedy delivery without any compromise on quality and safety”.

Emphasising the need for vertical development of homes in a manner that the scarce land available in the State can be optimised for maximum housing yield, Akinderu-Fatai averred that collaborative efforts should also address the challenges posed by climate change and technology and the likely impact on designing new homes for the future.

The Commissioner also urged the World Bank to support sourcing cheap funds, not necessarily foreign exchange, that could help increase the number of homes built and make them easily accessible through convenient mortgages for end users, particularly low-income earners.

Earlier, the Permanent Secretary of the Ministry of Housing, Mr. Kamar Olowoshago sought the help of the visiting team for the capacity development of middle-level professionals and artisans, noting that the utilisation of the indigenous workforce will reduce building costs as well as enhance the economic development of the State.

Olowoshago also appealed for assistance in the area of digitalised monitoring of ongoing schemes to ensure speedy completion and timely delivery of ongoing projects.

In response, Dr. Fuad Malkawi, Senior Urban Development Specialist and the Spatial Planning Community of Practice Leader at the World Bank, expressed the willingness of the Bank to partner with the State in developing and implementing strategies for urban renewal in Nigeria.

He pointed out that issues related to housing cannot be treated in isolation without reference to an efficient transportation system, waste disposal and energy supply, stressing that the main focus of the World Bank is to help in setting priorities and ensuring that developmental projects achieve the desired impact on people’s lives.

Present at the meeting were management staff of the Ministry and the Urban Development Consultant to the World Bank, Dr. Banke Abejirin.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Dr. Banke Abejirin Dr. Fuad Malkawi Mr Kamar Olowoshago Mr. Moruf Akinderu-Fatai

Post navigation

Previous NDLEA intercepts over 2.4m tramadol pills from Pakistan at Lagos airport
Next Notorious drug kingpin bags 7 years imprisonment – NDLEA

Related Stories

Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 
  • Press Releases

Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 

August 10, 2026
Access Bank Debunks Fake Shutdown Notice, Reaffirms Service Continuity Access Bank rewards customers
  • Press Releases

Access Bank Debunks Fake Shutdown Notice, Reaffirms Service Continuity

July 31, 2026
Lagos Govt Begins Registration of Roadside,  Informal Space Occupants Under SCRAMP Initiative prevention guild
  • Press Releases

Lagos Govt Begins Registration of Roadside,  Informal Space Occupants Under SCRAMP Initiative

July 15, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Oluyede PDP guber candidate in Ekiti pledges support for Tinubu’s re-election
  • National News

Oluyede PDP guber candidate in Ekiti pledges support for Tinubu’s re-election

August 21, 2026
Aiyedatiwa appoints commissioner, 3 advisers, 1,000 aides
  • National News

Aiyedatiwa appoints commissioner, 3 advisers, 1,000 aides

August 20, 2026
12 ships laden with petroleum products, various commodities arrive Lagos ports greater efficiency
  • Business & Economy

12 ships laden with petroleum products, various commodities arrive Lagos ports

August 20, 2026
Africa Risks Becoming Mere AI Consumer Without Trusted Ecosystems – Microsoft Warns Microsoft
  • Business & Economy

Africa Risks Becoming Mere AI Consumer Without Trusted Ecosystems – Microsoft Warns

August 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.