Lagos, Echostone sign MOU to deliver 2,000 housing units

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Commissioner for Housing, Prince Gbolahan Lawal signing the MoU

By Kazeem Ugbodaga

The Lagos State Government has signed a Memorandum of Understanding, MOU with Echostone Development Nigeria Limited to deliver 2,000 housing units in three locations across the state.

The MOU was signed at the Ministry of Housing, Alausa, in Ikeja, Lagos, Southwest Nigeria on Wednesday, with the leadership of Echostone USA present.

Echostone is expected to deploy a new technology that will facilitate the construction of houses in record time and deploy its money while the state government will provide the land and others.

Commissioner for Housing, Prince Gbolahan Lawal, while speaking at the signing of the MOU, said the company was expected to develop 2,000 housing units of two-bedroom terrace bungalows in three locations, starting with 250 units at Idale in 0Badagry and would move to Ayobo in…

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