LAGOS — The worsening cost of accommodation in Lagos has triggered a fresh debate over how young workers are expected to achieve financial independence after Lagos State Deputy Governor Obafemi Hamzat advised low-income earners to consider living with their parents, relatives or sharing accommodation rather than taking on rents they cannot comfortably afford. Hamzat made […]
Nigeria is currently facing a significant housing crisis, with a staggering 21 million-unit deficit. This challenge looms as the nation’s population, now at 220 million, continues to grow at an annual rate of 2.5%. Moreover, urbanization is accelerating, with the United Nations predicting that 60% of Nigerians will live in cities by 2030 unless urgent […]
