Housing crisis in Nigeria deepens as stakeholders say cement prices, weak regulation and mortgage gaps — not VAT — are driving record rent increases Real estate stakeholders have dismissed suggestions
Housing crisis in Nigeria deepens as stakeholders say cement prices, weak regulation and mortgage gaps — not VAT — are driving record rent increases Real estate stakeholders have dismissed suggestions
Nigeria’s worsening housing crisis is pushing more citizens to abandon traditional apartments for shop spaces, as skyrocketing rents force families to seek cheaper and unconventional living arrangements. Since the COVID-19