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Gov. Akeredolu commissions new estate in Akure

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Ondo Governor, Arakunrin Oluwarotimi Akeredolu has on Tuesday, 1st November, 2022 commissioned a private housing estate in Akure, the Ondo State capital.

The legal luminary eulogized the Ever-Bright Developers and Real Estate Company for keying into developmental initiative to bridge the housing gap in the State.

He said: “Notable among our efforts to make housing more accessible to the residents of Ondo State is the creation of more Government Residential Areas across the State.

“Furthermore, our administration has acquired and designed, ready for allocation to our people, ten hectares of land in major towns across Ondo State all for the purpose of housing development.

“It is a known fact that housing, alongside food and clothing remains a fundamental human necessity without which man cannot survive. It is a known fact that housing provides shelter, security, safety, means for storage of other essentials, and is the setting for the communal life of the neighbourhood.

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“The provision for housing is identified as one of the basic rights by the Universal Declaration of Human Rights, Article 25 of 1948. The 11th point on the Sustainable Development Goals (SDG) also targets access for all to adequate, safe and affordable housing and basic services and an upgrade of slums to livable communities.

“Responsible and responsive governments across the globe have adopted the United Nations Declaration and the SDG as the basis for their policy and developmental thrust.”

The Governor further noted maintained that his administration’s strive to provide affordable housing system include provision of Housing Loan at affordable rates to civil servants in the State.

He said his administration has also facilitated access to Housing Finance in collaboration with the Federal Mortgage Bank and other primary mortgage institutions.

“Other include partnership with private developers through land allocation for housing development; provision of mortgage support to encourage civil servants’ home ownership in partnerships with CITEC through Alpha 3D, Ikare: Ondo State is to pay 10% of the cost of each building in order to assist every civil servant who would benefit from the scheme, and provision of road infrastructure in government estates and private layouts.

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He revealed that the home Owners Charter of Ondo State Scheme (HOCOS) is aimed at lessen bureaucracy of procuring Certificates of Occupancy (CoO) to land owners in Ondo State.

Akeredolu, therefore, appealed to all stakeholders in the Housing and Real Estate Industry to invest aggressively in the sector.

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