The Lagos State Building Investment Company (LBIC) has increased its joint efforts with the state government to open more opportunities for residents to acquire homes through mortgage schemes.
According to the LBIC Boss, Mr Hakeem Ogunniran, this was mandated by Governor Babajide Sanwo-Olu who charged the LBIC to avail mortgages to Lagosians at competitive rates.
Ogunniran said the board and management of the mortgage institution were determined to collaborate with the administration of Sanwo-Olu to reduce housing deficits in the state.
He said that LBIC would reduce the housing deficit in the state, especially through its Rent-To-Own Scheme.
He thanked the governor for his support in creating a new path for growth for the bank, adding that they were excited with the robust understanding that exists between LBIC and the government, the major shareholder of the company.
