The Lagos State Medical Guild on Monday announced plans to build a housing estate for its members to enable them to own their own houses before retirement.
Dr Tajudeen Salau, General Secretary of the Guild and Chairman of the housing project, made this known at the foundation laying ceremony of the Medical Guild Estate.
The proposed estate, located at Wawa on the Lagos-Ibadan Expressway, would contain 264 units of three-bedroom apartments and duplexes with roads, drainage, parking lots and green areas.
He said that the idea was to ensure that doctors had decent roofs over their heads pointing out that ``doctors, because of their busy schedules, have little or no time to oversee the construction of houses''.
He said that so far, a N60 million loan had been secured from First Bank and N80 million from Equatorial Trust Bank to kick start the project, while Union Homes had provided them with affordable mortgage plan.
Salau said that the project had already attracted 143 subscribers while another 121 were expected to take up the units.
"We currently have 143 subscribers and even though response has been fantastic, we need more subscribers to take up the remaining units", he said.
He said that the Lagos and Ogun governments had pledged their full support for the project.
Headlines Newsview all
Popular Nigerian music sensation, Davido, has disclosed his intention to become the first entertainer to be the President of Nigeria, adding that the All Progressive ... Full story
Multiple-Award Winning South African artist, AKA, is unable to perform at tonight’s Industry Nite event in Nigeria due to unforeseen delays with the issuance of ... Full story
Rate this article
Kim Kardashian West has hired a nutritionist to help her lose weight. The Keeping Up with the Kardashians star, who is married to rapper Kanye West, ... Full story
The event was a celebrity-studded all-white party in South Africa on Saturday, 24th January 2015. Hosted by rapper Da Les in his home in Northern Johannesburg, ... Full story
The Federal Government has directed the compensation of N145 million to be paid to all poultry farms affected with bird flu within 72 Hours. The minister ... Full story
Guinea and Mali will have to wait until lots are drawn to decide who will advance to the quarter-finals of the Africa Cup of Nations ... Full story
Residents of Abuja were excited when superstar actress, Omotola Jalade-Ekeinde stormed the city for the celebration of her 20 years in the movie industry in ...
Wonders, they say, will not cease to end or how would one explain why an able-bodied young man will decide in his mind to start ...
While other Nigerian celebrities are busy vying to be lawmakers at the state and federal levels in the forthcoming election, Davido is seeking President Goodluck ...
Daughter of presidential candidate of the All Progressive Congress (APC), Muhamadu Buhari, Zahra, has returned to social media after she went off, sparking speculations that ...
Reports making the rounds have it that a prominent Fuji musician, Sulaimon Alao Adekunle fondly called ‘Malaika’, is set to finally move into his new ...
‘I wish’ crooner, Waje whose real is name Aituaje Iruobe, has opened up on her relationship status and said she would let people know when ...