Addressing Nigeria’s Housing Deficit Crisis
Nigeria’s housing deficit has exploded from 7 million units in 1991 to a staggering 28 million in 2023. This crisis is most evident in Lagos, where rising rents make homeownership a distant dream for many. The Minister urges Nigerians to collaborate – young professionals can explore homeownership programs, investors can support affordable housing projects, and homeowners can offer responsible rentals.
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