Lagos set to hit 14,000 new homes before 2026 ends

The Lagos State Government has projected that more than 14,000 housing units will be delivered across the state before the end of 2026 as part of efforts to tackle the growing housing deficit and expand access to affordable homes for residents.

The Commissioner for Housing, Hon. Moruf Akinderu-Fatai, disclosed this during the Ministerial Press Briefing commemorating the third year of Governor Babajide Sanwo-Olu’s second term in office.

Akinderu-Fatai said the administration had intensified housing development through direct government intervention and Public-Private Partnership arrangements aimed at boosting the supply of affordable and decent homes across Lagos.

According to him, the state government has already delivered 10,623 housing units in the last seven years, while several ongoing projects are expected to increase the total figure to 14,022 units upon completion.

The commissioner explained that five major housing schemes are currently under construction in different parts of the state under direct budgetary allocation.

He listed the projects to include the Egan-Igando Mixed Housing Scheme with 576 units, LagosHOMS Sangotedo Phase II comprising 528 units, the Epe Housing Scheme with 112 units, LagosHOMS Ibeshe Phase II with 192 units and the Workers’ Village Ipaja project with 176 housing units.

Akinderu-Fatai disclosed that most of the projects were already at advanced stages of completion and are expected to be delivered before the end of 2026.

He said the state government was also pursuing several joint venture housing projects across strategic locations in Lagos to further increase housing stock and ease accommodation pressure caused by rapid urbanisation and population growth.

The commissioner noted that Lagos remained the epicentre of housing demand in Nigeria, with the state currently facing an estimated housing deficit of over 3.3 million units.

He added that the government’s housing strategy focuses on increasing supply, promoting affordability and encouraging private sector participation in real estate development.

Akinderu-Fatai said two housing estates commissioned in 2025-the Akinsanya Sunny Ajose Estate Phase I and the Abraham Adesanya Housing Estate Joint Venture Scheme — had already added hundreds of affordable homes to the state’s housing stock.

He reiterated the commitment of Governor Sanwo-Olu’s administration to reducing barriers to home ownership and ensuring that more Lagos residents have access to quality housing.

The commissioner also stressed that the ongoing housing projects were creating jobs for artisans, suppliers, professionals and other players in the construction sector, thereby contributing to economic growth in the state.