Lagos Rent Crisis: Hamzat’s Advice to Young Workers Sparks Debate Over Who Should Fix Housing Affordability

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 […]

Building Collapse Tragedy: Experts Warn Nigeria’s Construction Crisis Is Deepening After Lagos, Rivers Incidents

A fresh wave of concern has spread across Nigeria’s construction sector following two separate building collapse incidents in Lagos and Rivers states that left several people dead, injured, and families devastated. The incidents, which happened within a 24-hour period, have renewed calls from building professionals and safety advocates for stronger enforcement of construction standards, better […]

Bridging Nigeria’s 21 Million Housing Deficit: N5 Trillion Needed Annually for 2.7 Million Units

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 […]