The Governor of Lagos State, Mr. Babajide Sanwo-Olu commissioned Channel Point Apartments, another estate delivered by the Corporation today, Tuesday 2nd August 2022 to add to the housing stock of the state.

Channel Point Apartments is a joint venture project between Lagos State Development and Property Corporation and Brook Assets and Resources Ltd. It is located at 33/35, Sinari Daranijo Street, Victoria Island, Lagos.

In his remarks, Mr. Governor acknowledged the synergy between LSDPC and Brook Assets and Resources Ltd, which has birthed this project despite the challenges that ravaged the economy (COVID and ENDSARS) over the last years. He highlighted the importance of the private sector, stressing that the government cannot do everything.

He added that he will continue to work tirelessly to ensure that Lagos State has a conducive environment for Private-Public partnerships to flourish. He announced that his government is working closely with Lagos State Urban Renewal Agency (LASURA) and the Lagos State Physical Planning Authority (LASPPA) to map out strategies where we can use our limited land mass to be home to the teeming population of Lagos State.

The Managing Director/CEO LSDPC, Hon. Ayodeji Joseph described the project as “another progress” recorded by the Sanwo-Olu administration in closing the housing deficit in Lagos. He highlighted how the two (2) plots of land on which the project stands was home to two families but today it is set to be home to thirty-eight (38) new families.

He announced that LSDPC is open to more Private-Public Partnerships for the benefit of the good people of Lagos.

In his message, the Chairman, House Committee on Housing, Hon. Rasheed Makinde announced that Channel Point Apartments is the 16th housing project to be commissioned by Mr. Governor in the last three years with several others at different stages of completion. He assured Lagosians that this administration will spare no effort to continue to reduce the housing deficit across the state.

The Managing Director of Brook Assets and Resources, Ms. Lanre Sola thanked the Governor, Management, and Staff of LSDPC, and all who contributed to the success of the project. She specially thanked the LSDPC technical team for ably representing Lagos State as a whole in ensuring the quality delivery of the project.

The occasion also had in attendance the Commissioner for Housing, Hon. Moruf Akinderu-Fatai; Commissioner for Physical Planning, TPL, Idris Salako; Members of the State Executive Council; Oniru of Iruland, Oba Abdulwasiu Omogbolahan Lawal; General Manager Lagos State Urban Renewal Authority (LASURA), Alhaja Jibike Shomade, LSDPC Management Team, Brook Assets Executives amongst others.

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