PRESIDENT TINUBU CONGRATULATES EKITI GOVERNOR OYEBANJI ON RE-ELECTION VICTORY. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE PRESIDENT TINUBU CONGRATULATES EKITI GOVERNOR OYEBANJI ON RE-ELECTION VICTORY   President Bola Ahmed Tinubu congratulates Governor Biodun Abayomi Oyebanji on his resounding victory in Saturday’s Ekiti State gubernatorial election.   The President commends the people of Ekiti State for their peaceful and orderly conduct, and for reposing their trust in Governor Oyebanji.   He also commends law enforcement agencies for maintaining law and order.   He charges the Independent National Electoral Commission to continue to invest in conducting a peaceful, free, fair and credible election as we approach the Osun governorship election in August and the general election next year.   With his overwhelming victory in the election, Oyebanji has emerged as the first governor in the history of Ekiti State to win re-election back-to-back.   President Tinubu notes that Governor Oyebanji’s first term was marked by significant strides in infrast...
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GOV. SANWO-OLU REAFFIRMS COMMITMENT TO HOUSING FINANCE. (PHOTOS). #PRESS RELEASE.

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 GOVERNOR SANWO-OLU REAFFIRMS COMMITMENT TO HOUSING FINANCE


… Commends LBIC’s Resilience, Growth at 21st AGM


The Governor of Lagos State, Mr. Babajide Sanwo-Olu has reaffirmed the State Government's commitment to expanding access to affordable housing finance, describing housing as a critical economic driver for the state’s growth and stability.


This was the principal message in a keynote address delivered during the 21st Annual General Meeting (AGM) of the Lagos Building Investment Company (LBIC) Plc, held on May 5, 2026, at Ikeja, in Lagos. 


The Governor, who was represented by Hon. Moruf Akinderu-Fatai, the Lagos State Commissioner for Housing, lauded the Board, Management, and Shareholders for their stewardship and continued dedication to the Lagos Building Investment Corporation's founding purpose.


The Governor stated that “despite a challenging economic climate marked by shifting market realities, LBIC has shown resilience in its role in fostering an inclusive and irrepressible Lagos through mortgage financing. He emphasised that "Housing is not just a social need; it is an economic driver that creates jobs and supports small businesses across the value chain."


The administration highlighted that the public sector cannot tackle the housing challenge alone, calling for continued strong partnerships with credible institutions like LBIC to deepen access to sustainable housing finance.


Looking ahead, the Lagos State Government encouraged LBIC to leverage technology and innovative product offerings to reach underserved segments of the market. This aligns with the company's 2026 priorities, which include “strengthening digital capabilities and expanding retail lending”.


The Governor expressed confidence that the resolutions from the meeting would further position LBIC for greater impact and continued success in the years ahead.


LBIC is a leading primary mortgage bank in Nigeria, originally established to provide mortgage facilities for low-cost housing schemes in Lagos State. Today, it remains a pivotal institution in the state’s housing value chain, dedicated to democratising homeownership through innovative financial solutions.

More photos below. 






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