Nigeria housing crisis

Nigeria’s $500bn Housing Crisis Sparks Innovation: Developers Turn to Shortlets and Flexible Payments
Nigeria faces a staggering housing shortfall valued at over $500 billion, a gap that continues to expand amid soaring inflation, fluctuating exchange rates, and escalating...

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Real Estate
11 hours ago11 hours ago

Nigeria faces a staggering housing shortfall valued at over $500 billion, a gap that continues to expand amid soaring inflation, fluctuating exchange rates, and escalating costs of construction materials. These economic pressures have compelled numerous developers to halt their projects. Yet, amidst these challenges, one company attributes its resilience to unwavering commitment and the trust...

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Tackling Nigeria’s Housing Crisis: How Drekford Is Bridging the Gap of Over 28 Million Missing Homes
Nigeria faces a critical housing crisis that demands urgent national attention. Current data indicates a staggering shortage of approximately 20 to 28 million residential units,...

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Real Estate
1 month ago1 month ago

Nigeria faces a critical housing crisis that demands urgent national attention. Current data indicates a staggering shortage of approximately 20 to 28 million residential units, while the country manages to construct only about 100,000 new homes annually. At this sluggish pace, bridging even half of this gap would require an estimated 50 years or more...

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