Lagos mortgage scheme allocates 20,000 homes since inception

The Punch | 04-09-2026 12:24am |

The Lagos State Mortgage Board has allocated over 20,000 housing units through its mortgage scheme since its inception in 2014. The initiative aims to bridge the housing deficit in the state by providing affordable home ownership options for residents. The board reports that the scheme has facilitated access to mortgages for many Lagosians. Further allocations are planned to continue addressing the housing needs of the growing population.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.