Lagos to Inject U.S.$500 Million Into Illubirin Housing Scheme

By Gboyega Akinsanmi

The Lagos State Government in collaboration with a private investor, is set to inject about $500 million into the Illubirin Housing Scheme on Lagos Island.

Consequently, the state government issued a seven-day ultimatum within which several shanties and illegal structures on the state's waterfront should be demolished and removed without delay.

The state governor, Mr. Akinwunmi Ambode revealed the state's plan to bring private investment to Illubirin Housing Scheme when he visited the scheme alongside the Commissioner for Housing, Mr. Gbolahan Lawal among other members of the State Executive Council.