The Ogun State Government has commenced the construction of a housing estate consisting of 200 housing units in Iperu, Ikenne Local Government of the state. This housing estate is aimed at providing housing solutions for low and medium-level clients and will consist of 2-bedroom expandable bungalows.
The announcement was made by the Special Adviser on Housing, Jagunmolu Omoniyi, via the state government’s official communication channels. Omoniyi explained that this development will contribute to the housing stock in the state and support the emerging Remo Zone Economic Hub, which is expected to attract a workforce to the area.
He further noted that the housing project will complement the state government’s investment in the Gateway Agro-Cargo Airport and stimulate the local economy by providing employment opportunities for artisans and service providers on-site.
The housing units will be offered to the public at two price points: N8.5 million for the carcass option and N15 million for fully finished units. Mortgage options will be available through the Gateway Mortgage Bank to facilitate access to affordable housing.
“The estate will be fully serviced with all basic amenities like good drains and well-compacted road network, security architecture, lighting and water reticulation, playground, health and educational facilities as well as a Fire Service Station to serve the emerging economic cluster,” he said.
“This will ensure the provision of means of livelihood to over 20,000 citizens considering the multiplier effect of engaging 5,000 artisans,” Omoniyi added.
The project is expected to be completed in six months.
