The Ogun State Government says it has rescued the President Muhammadu Buhari Estate in Abeokuta from possible forfeiture and completed the development of 108 housing units.
The estate, located along the Abeokuta-Sagamu Expressway, is expected to be commissioned on Tuesday by the First Lady, Senator Oluremi Tinubu.
The project, inherited by the administration of Governor Dapo Abiodun in a largely undeveloped state, had been stalled following a legal dispute over outstanding payments to the contractor.
The state government subsequently settled the dispute out of court and commenced payments to secure its interest in the property.
It later adopted a Public-Private Partnership, PPP, arrangement, under which the state provided the land and infrastructure while private developers handled the construction and sale of the houses.
The completed estate comprises 108 four-bedroom fully detached and semi-detached duplexes, supported by internal roads, street lighting, landscaped areas, water supply, waste management facilities and security infrastructure.
Other facilities include a sporting centre, children's playground, clubhouse, parking spaces and a 24-hour power supply.
Speaking on the project, Governor Abiodun said the development demonstrates his administration's commitment to protecting public investments and completing projects inherited from previous administrations.
He said the estate is part of efforts to provide quality and affordable housing for different categories of residents while preventing government projects from becoming abandoned assets.
The PMB Estate is strategically located opposite the State Judiciary Complex and close to the Ogun TechHub, with access to major institutional, commercial and transportation corridors.
The state government says the development has also begun attracting additional private-sector investments, including a training school and other facilities being developed by Access Bank.
The commissioning of the estate will formally mark the completion of a project that once faced abandonment and possible forfeiture but has now been transformed into a modern residential community through government intervention and private-sector participation.
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