Lagos State Governor Babatunde Fashola yesterday approved 74 housing projects across the state.

He spoke with reporters shortly before inaugurating the Elegushi Housing Estate at Lekki Phase 2.

The estate, which has 15 blocks of 90 luxury flats, was built by the Lagos State Development and Property Corporation (LSDPC).

The governor said the new housing projects would be delivered to residents on a Rent-to-Own basis in the next 24months.

He said 41 of the projects would be sited in Alimosho, 16 in Ikeja, two in Agbowa, Ikorodu, three in Surulere and 12 in Ogba.

Fashola said: “When they are completed in the next 24 months, we would have a total of 86 projects, including the 12 on-going projects across the state. They would be delivered on a mortgage finance basis to residents.”

He said the government would continue to partner the private sector, under the Public Private Partnership (PPP), to provide decent housing for residents.

Fashola said the state’s Home Ownership Scheme (H.O.M.S) will allow beneficiaries occupy government built houses while still paying for them.

He named the newly built access road to the Monastery of Mother of the Church in Sangotedo, Eti-Osa East Local Council Development Authority (LCDA), after the Catholic Archbishop of Lagos, Anthony Cardinal Olubunmi Okogie.

Fashola spoke while inaugurating the 2.75km road, which links Sangotedo and Elemoro with the monastery and the New Town Development Authority (NTDA) estates.

He praised the Cardinal’s effort in opening up the road to bring development to the communities.