Hamzat Promises Housing and Transport Reforms in Lagos

Obafemi Hamzat, the All Progressives Congress governorship candidate in Lagos State, made significant pledges during the Lagos Governorship Debate. He promised to expand the state's transportation infrastructure and introduce long-term mortgage arrangements to improve housing affordability.

Hamzat acknowledged the economic hardships faced by residents, citing rising prices of essential commodities and petrol. He proposed an integrated network of road, rail, and water transport to facilitate commuter movement, including plans to complete the Blue Line up to Agbado and the Red Line.

His administration aims to provide 34,000 new compressed natural gas-powered buses to enhance mass transit. On housing, Hamzat noted the development of 24 housing estates with 18,000 units in the past eight years and proposed a mortgage system requiring a 10 percent down payment, with the balance payable over 25 years.

This initiative aims to make homeownership more accessible and complement ongoing housing projects, including the Ibeshe Housing Estate with 2,700 units.