A real estate expert and Managing Director of Frontier Commercial Services Limited, Olalekan Abideen Oseni, has said that the current government policies are doing little to support Nigeria’s real estate sector.

He, therefore, called for easier property documentation and greater financial support to stimulate housing development.

Oseni said cumbersome approval processes and limited access to finance continue to discourage developers, adding that simplifying documentation and providing financing support would encourage more investment in the sector.

MEANWHILE, the Association of Housing Corporations of Nigeria (AHCN) has called for urgent, scalable solutions to meet the rising housing demand nationwide, noting that the current housing crisis in Nigeria, with a galloping affordability gap, primarily affects low-income earners in emerging markets.

The AHCN also observed that the traditional affordable housing programmes, which often focus on reducing the selling price of housing units, is no longer enough to address the scale of housing demand of the low and medium groups.

Oseni, who spoke, yesterday, during a media briefing ahead of the maiden Mainland Housing Summit 2026, said that investment opportunities are gradually shifting from Lagos Island to emerging Mainland corridors as rising property prices push entry costs higher and squeeze returns for new investors.

According to him, locations such as Lekki, Victoria Island and Ikoyi have experienced years of strong growth, but the rising cost of entry is pushing investors to the Mainland, where infrastructure development, population growth and commercial activity are creating new opportunities.

Oseni said that the Mainland Housing Summit 2026, scheduled for July 25, 2026, at The Mainland Heritage, would feature discussions on investment opportunities across the Lagos-Ogun corridor, housing finance, construction and market trends.

The summit, according to him, will also bring together developers, financial institutions, building materials suppliers and other stakeholders to educate prospective investors and connect them with industry players.

He said that Lagos still has land for development, particularly along the Lagos-Ogun corridor, Sango and Ibeju-Lekki axes, but said improved transport infrastructure and better access to finance would encourage more housing projects and make better use of available land.

Executive Director of Frontier Commercial Services Limited, Tolulope Adekunle, said findings from the firm’s Mainland Real Estate Growth Report 2026 showed that investment opportunities on the Mainland remain significantly cheaper than on the Island despite increasing demand.

Also speaking, the firm’s Director of Sales, Maryann Opara, said the summit is expected to attract more than 1,000 investors, business owners, working professionals, Nigerians in the Diaspora and real estate practitioners.

The association, therefore, called for the immediate adoption of innovative housing finance and industrialised housing construction models, such as prefabricated housing, precast concrete system and modular construction with replicable and standardised designs, for faster delivery and cost-efficient housing for the people.

The association, which gave the charge during its two-day national workshop titled: “Affordable housing solutions for low income earners in emerging real estate markets,” combined with the 49th yearly general meeting (AGM)/114 council meeting of the association in Calabar, said that the current housing demand arising from rapid urbanisation, population growth, rising construction costs and financing constraints demand a fundamental shift from small scale interventions to large scale housing ecosystems.

It, however, called on the government to establish National Housing Delivery Frameworks and Housing Infrastructure Funds that would set clear housing production targets and finance infrastructure for housing development to address scalable, affordable housing delivery.