The Ogun State Government has commenced the construction of 200 housing units in Iperu, Ikenne Local Government. The housing estate will consist of 2 bedrooms and expandable bungalows targeting low – and medium-class clients.

The project is being executed through direct labour and is expected to be completed in six months.

The Special Adviser to the Governor on Housing, Jagunmolu Akande Omoniyi, said that the project will add to the housing stock in the state, provide housing solution to the emerging Remo Zone Economic Hub, with the expected influx of workers to the area and complement the state government’s investment in the Gateway Agro-Cargo Airport.

According to Jagunmolu, each unit will be offered to the public at N8.5 million for the carcass option and N15 million for fully finished units with mortgage options available through Gateway Mortgage Bank.

“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.

Jagunmolu added that the project will boost the local economy by offering on-site 5,000 artisans and over 50 service providers. This will ensure the provision of means of livelihood to over 20,000 citizens, considering the multiplier effect of engaging 5,000 artisans.