Real Estate

Housing in Nigeria

Removing bottlenecks will unleash housing potential, says Dada

Martin Dada is a professor of building at the University of Lagos. He spoke to VICTOR GBONEGUN on why the National Assembly should pass an act for enforcement of the national building code, the need for government to provide enablers for housing to meet the needs of the society. The National Building Code has been in the cooler, without minimal implementation and enforcement over the years. What are...

Housing in Lagos

Housing supply in Lagos mainland declines as millennials opt for smaller apartments

The number of property developers starting construction in the Lagos mainland have tumbled by 80 per cent, following a major shift in Nigeria’s residential demand by the young professionals.  The shift was occasioned by large number of young professionals, 60 per cent of whom are within their first three years of employment coupled with the high rate of urbanization, leading to a surge in the...

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