Ogun State Government says it is partnering the Federal Government to provide 10,000 houses to the less-privileged under the Social Housing Scheme.
It said the effort is aimed at addressing housing deficit.
Governor Dapo Abiodun, who stated this at the 3rd Annual General Meeting of the Gateway Mortgage Bank (GMB), at the Mitros Hall, Abeokuta, said housing delivery plays a more critical role in a country’s welfare, as it directly influences not only the citizenry, but also the performance of other sectors of the economy.
He said the ongoing building of 2,500 houses in parts of the state, was in recognition of the fact that decent and affordable accommodation was the right of the people.
The governor urged the management of the bank to provide unique and excellent mortgage finance services to its customers by bringing to bear their managerial acumen by collaborating and making the aspirations a win-win situation for their investors and customers.
He said the opening of a new branch in Sagamu will spread development across the state.
GMB had three branches in Ota, Mowe and its corporate headquarters in Abeokuta before yesterday’s opening of the Sagamu branch to service people in Ogun East Senatorial District.
The Chairman, Board of Directors, Evang. Samuel Durojaiye, said the bank was able to attract more investors and enjoyed the support of the state government and patronage of its relevant agencies in the collection of government revenue and payment of salaries to civil and political office holders.