TheCable

The Lagos state ministry of housing has has put together a stakeholders’ forum to tackle the menace of illicit practices and fraud in the housing sector.

In a statement, Toke Benson-Awosika, special adviser to the governor of Lagos on housing, said it has become necessary to bring sanity to the housing industry and iron out the best way to protect members of the public from being defrauded of their hard-earned money by “unprofessional agents and property developers”.

She explained that the demand for proper housing, which has continued to exceed available supply stock, gives room for unhindered community of fraud in the industry.

She added that the government has enacted laws on housing in order to check the spread of “unscrupulous elements” and improve investors’ confidence in the real estate business.

Babajide Sanwo-Olu, governor of the state, is expected to attend the symposium, which would take place on October 29, at Eko Hotel & Suites, Victoria Island, Lagos.