Oyo to partner with firm on low cost housing scheme

The Oyo State government has declared the readiness to partner with a firm towards delivering low cost housing scheme for its workers and ordinary people.

The State Commissioner for Lands, Housing and Urban Development, Abiodun Abdul-Raheem, disclosed this when he visited Lagos State on a facility tour to Peridot Parkland Housing Estate, constructed by Echostone Development Nig. Limited at Topo, in Badagry.

The 252 units’ estate at Topo has two bedroom each, with water, electricity, paved roads and other modern infrastructures at affordable cost.

“I can see you have done a wonderful job with what we have seen here and it is safe to say we can partner with you with regards to the interest of the present administration in Oyo State, to provide affordable, decent and sustainable housing scheme for the people of the State,” he stated.

Abiodun advised Echostone Development Nig. Limited to improve on the areas that had been pointed out to the firm, especially on the ways to beat the cost, when it comes to bringing the same project to the State.

The Commissioner said; “You have to consider the issue of cost, you know it is costlier here in Lagos to erect a building than in Oyo State. All we want is affordable and quality homes for our people who are workers, retirees or members of the public that are interested in such scheme.”

The Permanent Secretary, Ademola Ajibola also appreciated the quality of work done at the Peridot Parkland Estate by the firm, adding that Oyo State has cheaper land to replicate the same project at affordable cost.

The Commissioner went on the tour with the Permanent Secretary, Ministry of Lands, Housing and Urban Development, Ademola Ajibola, Directors from the Ministry as well as other ministries like Justice and Bureau of Physical Planning and Development Control and officials of the Office of the Surveyor General of Oyo State.

Welcoming the delegation, the representative of Echostone Development Nig. Ltd., Mr Gbenga Akanni said the firm was ready to partner with the State.

He promised that the firm would into the areas that would make it possible to reduce the cost of the project when the time comes.