Lagos State Governor, Mr. Babatunde Fashola SAN (5th left) with Chairman, Lagos Mortgage Board and Commissioner for Finance, Mr. Ayo Gbeleyi (2nd left), Executive Secretary, Lagos Mortgage Board, Mr. Kojo Sagoe (left) and General Manager, Lagos State Development Property Corporation (LSDPC), Mr. Abiodun Oki (5th right) in a group photograph with the Lagos Home Ownership Mortgage Scheme (LAGOS HOMS) Winners during the Sixth Draw to pick winners of the Lagos Home Ownership Mortgage Scheme (LAGOS HOMS) at the Blue Roof, LTV 8 Complex, Agidingbi, Ikeja, Lagos, on Wednesday, August 13, 2014.
A total of 48 winners emerged in the 6th edition of the popular Lagos Home Ownership Mortgage Scheme, Lagos HOMS monthly draw Wednesday, 13th August, 2014 at the the LTV Blue Roof Multipurpose Hall, Agidingbi, with the State Governor, Mr. Babatunde Fashola SAN, urging Lagosians to ensure continuity of the policy by voting the All Progressives Congress (APC) in the next general elections.
Fashola, who spoke before a capacity audience of pre-qualified, senior Lagos citizens, members of the State Executive Council, market traders, artisans and private sector operators, said although his administration initiated the scheme and has nurtured it to maturity, the owners of the policy remain the APC adding that the only way to ensure its continuity is to retain the party in the state.
The Governor, who also announced the handing over of 16 houses in the regenerated Shogunro Housing Estate, Ogba, to 16 senior citizens who were earlier relocated from the estate, declared, “All I need to say to you is that if you want this to continue remember that the party that owns me is the APC. They are the owners of this policy.
“Let me say, houses are being built, construction is going on in over 23 sites and we will do more. So this policy has come to stay. It is in your hands now whether it continues, whether I am here or not. Without me being here the draw will continue and the draw will be here. If you want it to stay, the power to do so is in your hands”.
Noting that the policy has witnessed and will continue to witness adjustments based on new experiences and revelations going forward, Fashola said the adjustments are necessary in order to accommodate all segments of the society who are qualified to participate in the scheme.
The Governor recalled his statement during the launch of the scheme that things would begin to change as the scheme progresses adding that the actual launch was based on what had been demonstrated in a laboratory environment which, according to him, is a controlled environment.
“But once the product of that environment goes out to the public you begin to see those who would say ‘no it is hurting me here, no it is too tight here, no we can’t get in’, and so we begin to make adjustments. Those are adjustments that we are making now. We will continue to see adjustments as we go forward”, he said.
Citing such adjustments to include regeneration of blighted areas which involves relocation of original inhabitants with the promise to return them to their homes after the reconstruction and the new rent-to-own policy among others, Fashola said these are done in other to ensure that no eligible citizen was denied the opportunity to own a home in the state.
On the regeneration aspect of the scheme, the Governor cited the experience of the Shogunro Housing Estate in Ogba whose inhabitants were forced by industrialization and flooding to relocate about 2009 when their houses became structurally defective and were collapsing.
According to him, when some of the buildings collapsed about 2008-2009, the state government offered to relocate them but some of them refused to move adding that when later the buildings started falling apart, they were finally forced to move after which government moved in to rebuild the place as part of the Lagos HOMS.
He said 16 of the families in the estate cooperated with the State Government while reconstruction went on adding that by returning the 16 families to the regenerated estate, his administration has demonstrated the compassionate side of the Lagos HOMS Policy.
While handing certificate of allocation to the 16 senior citizens who benefited from the Shogunro Housing Scheme in Ogba, the Governor declared, “Two things are instructive in this experience: that we make a promise to you and we intend to keep it, and that our regeneration initiatives, that are going across in this State, will not leave anybody who is already a beneficiary behind”.
Advocating cooperation, sacrifice, and patience on the part of citizens, the Governor also cited the on-going regeneration in Adeniji-Adele, the regeneration initiative and experience garnered in other areas like the Isale Gangan which the Lagos State Urban Renewal Authority (LASURA) is coordinating and directing the regeneration experience under Lagos HOMS.
He said as at today, 30 families have been moved from the estate out of which 14 who chose to leave permanently have been paid N1.2 million each and a N250,000 relocation allowance each while the remaining 16 families who said they would want to come back and would wait, have been paid N250,000 relocation allowance to each adding that five of the blocks have so far been demolished and construction is about to start in that place so as to put back all those who want to come back when the project is finished
“What we are doing now is that we are going up; so in each block of six flats, we are now building, I believe, blocks of 24 flats with lifts and this will help us to ensure that as we redevelop the whole of Adeniji-Adele people will move from one block into the space we have created in an existing block and they don’t need to be relocated again until we complete the exercise”, he said.
Pointing out that it would take time, Fashola, however, assured, “But we have a team of public servants here who are professionals and who are dedicated. So whether I am here or not it will work because the plan is already in place”.
He recalled his meeting with self-employed people where he assured them that they also have opportunity to own their own houses under the scheme if they have visible income to be able to pay the mortgage noting that some of them even earn more than salaried workers.
“We told them what we want to see is their projected annual income and not their monthly income. Once we see that, it is left to them that when they make that bulky income to go to their banks and intimate them about their monthly mortgage and instruct them to make sure that every month they remit on their behalf”, he said adding, “So long you can pay your mortgage, you are entitled”.
On the rent-to-own project, which is being worked on, the Governor explained, “The scheme allows you to rent with a view to own. When we start the scheme, you will be a tenant in the house and you will continue to pay rent. But part of what you pay will be a saving towards your mortgage.
“This offers you the opportunity to be a tenant in any of our flats and when you have paid up to five years and have accrued the 30 percent equity, we then offer you the mortgage”, he said adding, “But we are still working the numbers but the whole idea is to communicate to you the regeneration, the compassionate and the inclusive side of the Lagos HOMS policy”.
On the mortgage financing policy of the Federal Government, the Governor declared, “I hope that people ultimately benefit from it. It is one thing to provide money for people to go and buy house, it is another thing for there to be houses that they can buy. We are providing the houses and we are providing the mortgage”.
Also present were members of the State Executive Council including state Commissioner for Energy and Mineral Resources, Mr. Taofeek Tijani; state Commissioner for Finance, Mr. Ayo Gbeleyi; Executive Secretary, Lagos HOMS, Mr. Kojo Sagoe; former Speaker, Lagos State House of Assembly, Hon. Jokotola Pelumi; and party chieftains including APC State Woman Leader, Chief (Mrs) Kemi Nelson and other top government functionaries.
The 48 winners in the Sixth Draw include: Chois Gardens, Abijo-Lekki – 2 Bedroom Flat – Adediran Folasayo Omowumi (Mrs), Aderoju Lateef Adebayo (Mr), Akinsola Folasade Bolanle (Mrs), Babalola Olaide Olajumoke (Mrs), Bakare Olanbiwoninu Gad (Mr), Ekejiuba Chinwe Lucian (Mrs), Maiza Adiza Oshioke (Mrs), Nwamu Michael Nnabundo (Mr), Ojekwe Arthur Okechukwu (Mr), Onyekuba Anthony Ikenna (Mr). Igando Gardens, Alimosho – 2 Bedroom Flat- Lawal Ayodele Idowu (Mrs), 3 Bedroom Flat- Ojo Adejoke Moyosade (Mrs), Okeke Angela Uchechukwu (Mrs), Opone Gregory Ossai (Mr), Ilupeju Scheme, Ilupeju – 1 Bedroom Flat Ademosun Olusola Patience (Ms), Adeyi Olamilekan Emmanuel (Mr), Afilaka Oghenovo Pepe (Mrs), Akintola Eniola Olukorede (Ms), Alabi Olugbenga Olakunle (Mr), Fayose Olubunmi Temitope (Ms), Oladepo Olaniyi Oluwaseun (Mr), Olumide Afolabi Oreniyi (Mr), Olutimayin Olukayode David (Mr), Oluwole Yetunde Ebunoluwa (Mrs), Samuel Adebola Esther (Mrs), Shasanya Ololade Abike (Mrs), Sotade Adenike Yewande (Ms), Tade Ademola Bob (Mr). Shogunro Scheme 1, Ogba-Ikeja – 1 Bedroom Flat Sotala Abisoye Olusegun (Mr), Shogunro Scheme 2, Ogba-Ikeja 1 Bedroom Flat – Akinduro Omobolanle Yejide (Ms), 2 Bedroom Flat – Dauda Oluwaseun Adunola (Mrs), Dina Oladele Temitope (Mrs), Eki Clemence Okeoghene (Mr), Oladokun Babatunde Micheal (Mr), Soyele Adeshola Aderonke (Mrs), Soyingbe Adedayo Adetokunbo (Mrs), 3 Bedroom Flat – Agbudu Thomas Oziegbe (Mr), Akinyemi Adijat Olanike (Mrs), Alayaki Hafeez Olawale (Mr), Amusan Olatunji Sunday (Mr), Fadipe Babafemi Tolulope (Mr), Iweze Enuoma (Mrs), Kolawole Florence Nosa (Mrs), Olong Boniface (Mr), Omotunde Abayomi Omoniyi (Mr), Onyegbule Muller Soronadi (Mr), Oriretan Taiwo Ebenezer (Mr), Otegbayi Dolapo Adebimpe (Mrs). 16 Shogunro Allotees – Adeline Adefunke Adebayo (Mrs), A.E Egbe (Mr), Afolabi Oladeinde Lucas (Mr), B.O Omololu (Mr), C.A Odujoko (Mrs), Denton Inter. Limited, Estate Of Late M.A.O Adigun (Mr), I.O Falayi (Mr), Ireti Adeniyi (Mrs), K.A Joacquim (Dr), Lolade Da-Silva (Miss), Oladipo Doherty (Mr), Olukayode Balogun (Mr), Robert Enukpoeruo (Mr), T.O Awosanya (Mrs), Taiwo Mojisola Sogunro-Pitan (Miss).