The Chairman of the Committee, Olanrewaju Layode who led the team on inspection tour as part of its oversight function frowned at the slow pace of work at the site.
Layode said that the work done did not commensurate with the tax payers‘ money given to many of the contractors.
“We are not impressed with the work done. Only few contractors are on sites while only few are able to go beyond average performance with the fund given.
“It is not encouraging at all, the scoring of New Towns Development Authority (NTDA) does not reflect what is on ground for contractors who have received above 50 per cent of funds and left the work far from average,” he said.
The lawmaker, who urged residents to be patient with the government, assured them that the project would be completed to provide accommodation for the residents.
Layode also berated the sincerity of (NTDA) who are supervising the projects for given wrong rating.
The chairman however said the House will later pass a resolution on the report of the committee which will be based on the responses of all the invited contractors.
Responding, the Site Engineer from NTDA, Idris Ojurongbe said some of the contractors were playing smart while some others could not carry on with the work as a result of finance.
Some of the contractors that were summoned included: Housemaster Ltd, Threshold Global Investment Ltd, Knight Bridge Dredging Ltd, Model House Project Ltd, Comprehensive Homes Ltd, L & K Concepts Ltd, Guinnny Enterprises Ltd, Troy Construction and Developers Ltd, Intercom Ltd and Housing Alliance.
Telesis Signature, Data Alliance Nig. Ltd, Telesol Ltd, Aron Nig. Ltd, Laranod Ventures Ltd, Ex-Value, Jopam Agency, Mode House Agency Project Ltd and Bison Business Services Ltd,
Others are: Alfred Bruce Workshops Ltd, Jisaco Nig. Ltd. Bulchar Nig. Ltd. Kolad Concepts Ltd, Elbuns Engineering Ltd, BFL Ltd, Bakam Construction Ltd, First Broad International.
Lagos Home Ownerships Mortgage Scheme (Lagos HOMS) is the initiative of the immediate past Governor, Babatunde Fashola to provide affordable houses for residents.
The HOMS projects encourage and support home ownerships on First-Time- Buyer (FTB) residents of Lagos State to purchase a decent and affordable homes through the provision of accessible mortgage finance.
Recalled that the committee had visited Randle in Akerele, Surulere, Iponri, Ijora Badia and Oyingbo, Mushin, Gbagada, Ilupeju, Omole 1 and 2, Oko Oba, Akanimodo, Agbowa and Amuwo-Odofin, Igbogbo, Igando among others.