'Koro Claims he can't afford the N16m low cost house based on his N4m salary

Mr Musiliu Obanikoro, Nigeria’s minister of state in the defence ministry, has disclosed that he is not earning enough to buy a low cost house of sixteen million Naira.
He disclosed his annual salary with all the allowances in a year add up to N4 million while answering questions on his recent face off with Lagos state government over low cost housing in ilubirin.

Obanikoro also claims he did not distrupt work going on site when he visited the project site. However, he berated Governor Babatunde Raji Fashola for raising false alarm over the visit.The miniter also told channels TV reporters that the low cost housing is not low cost.”As a minister I can’t afford what they call low cost housing where a two bedroom flat goes for 16 million”,he said.