Lagos State Refunds ₦23.2 Million to Verified Egan-Igando Housing Scheme Subscribers

Lagos-refunds-N23.2m-to-Housing-scheme-subscribers

Lagos Ministry of Housing Reimburses Subscribers Following Project Delays

Lagos State Ministry of Housing has reimbursed a total of ₦23.2 million to verified subscribers of the Egan-Igando Mixed Housing Scheme, following delays in project delivery and administrative transition of the estate to the ministry. The refunds underscore the government’s commitment to financial accountability and fairness in its housing programmes.

Context: Egan-Igando Housing Scheme Transition

The Egan-Igando Mixed Housing Scheme in Lagos has been an ongoing residential project aimed at reducing the state’s housing deficit. However, delays in completion prompted some subscribers who had made partial payments to withdraw from the scheme and request refunds. The Lagos State Ministry of Housing took over responsibility for the estate and subsequently managed the refund process.

During the refund event, eligible subscribers received their refund cheques after a rigorous verification process, which was conducted to ensure compliance with established financial regulations and safeguard government funds.

Government’s Approach to Subscriber Refunds

Officials emphasised that only verified subscribers those whose payment records were authenticated following a comprehensive review were entitled to refunds. Verification included confirmation of documentation and payment history to prevent irregularities.

The Permanent Secretary of the Ministry, Mr Abdulhafis Gbolahan Toriola, reaffirmed the state government’s resolve to ensure that all compliant subscribers receive due refunds without undue delay. He thanked subscribers for their patience and cooperation during the transition period.

Importantly, the ministry also clarified that subscribers who completed their payments after the housing scheme’s transfer to the ministry have been allocated their respective housing units, ensuring that full contributors are not disadvantaged by the refund process.

Implications for Housing Policy and Public Trust

Refunding subscribers in a transparent, orderly manner is critical to maintaining public confidence in government-led housing initiatives. The Lagos State Government’s actions are consistent with principles of fiscal responsibility and consumer protection, particularly in large-scale housing projects involving partial payments over time.

The experience also highlights the importance of clear timelines, strong project management, and accountability mechanisms in ensuring that housing delivery programmes fulfil their objectives without eroding stakeholder trust.

Conclusion

Lagos State’s disbursement of ₦23.2 million in refunds to verified Egan-Igando housing scheme subscribers reinforces the government’s commitment to procedural integrity and contractual fairness. As housing demand continues to grow across the state, transparent handling of subscriber contributions and project delivery will remain essential to sustainable housing policy implementation and public confidence.

Ayomide Fiyinfunoluwa

Written by Ayomide Fiyinfunoluwa, Housing Journalist & Daily News Reporter

Ayomide is a dedicated Housing Journalist at Nigeria Housing Market, where he leads the platform's daily news coverage. A graduate of Mass Communication and Journalism from Lagos State University (LASU), Ayomide applies his foundational training from one of Nigeria’s most prestigious media schools to the fast-paced world of property development. He specializes in reporting the high-frequency events that shape the Nigerian residential and commercial sectors, ensuring every story is anchored in journalistic integrity and professional accuracy.

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