adeniji

Paucity Of Funds Delay Lagos’ Adeniji Adele Redevelopment

October 28, 2019 2:54 am

Three years after the authorities finalised plans to embark on the redevelopment of Adeniji Adele, one of the fast approaching slums communities in Lagos Central Business District, it appears the project has hit the brick walls due to the paucity of funds.

The Adeniji Adele redevelopment project was first identified for regeneration during the Raji Fashola administration. The project conceived by the state’s urban renewal authority was meant to be developed through exclusive state funding, however, a Public Private Participation approach was introduced in 2016.

It was formulated to redevelop the blighted estate, currently housing 720 families. The project would

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