In furtherance of its efforts in delivering affordable housing, the Ogun State Government through the State Ministry of Housing has stated that plans were underway for the construction of a total of 255 housing units in different locations across the State including Kobape Phase IV, GRA Phase II and Aviation Village Phase II.
The State Commissioner for Housing, Jagunmolu Jamiu Omoniyi, disclosed this while taking turn to defend the 2025 budget proposal of the Ministry and that of the State Housing Project before the members of the State House of Assembly Committee on Finance and Appropriation led by Hon Musefiu Lamidi at the Assembly Complex, Oke-Mosan, Abeokuta.
Omoniyi explained that the additional housing projects were borne out of the vision of the Prince Dapo Abiodun- led administration to provide housing solution to the elite and other decent income earners, while further controlling housing development and growth rate away from city centres.
Giving an analysis of the 2025 budget proposal on Housing Project, the Commissioner explained that the sum of N8.153bn was the total expenditure, consisting of N704.9m for recurrent expenditure, while capital projects would gulp N7.448bn; with the expected revenue for the period projected at N10bn.
He added that the total budget proposal for the State Ministry of Housing was N6.28bn, consisting of N4.49 for capital projects, while N1.78bn for recurrent expenditure for the next fiscal year.
Also defending the budget proposal for the State Housing Corporation, the General Manager, ESV. Wale Ojo took proposed the sum of N5.766bn as total expenditure for next year, this he noted included N4.9bn for capital projects and N886.4m for recurrent expenditure with N8bn expected as revenue to Government coffers for the period.
Other agencies that defended their budget proposals before the State lawmakers included the State Ministries of Works and Infrastructure, Agriculture, Ministry of Urban and Physical Development as well as Bureau of Lands and Survey amongst others.
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