The Lagos State Government is set to partner with the International Real Estate Federation, Nigerian Chapter (FIABCI) to create an efficient housing ecosystem.

The Lagos State Governor, Babajide Sanwo-Olu, disclosed this in a statement on Wednesday following his meeting with the management team of FIABCI.

“Today, I received the leadership team of the International Real Estate Federation, Nigerian Chapter (FIABCI) at Lagos House, Marina on a courtesy visit,” Sanwo-Olu wrote in a post on his official X account.

“We had a discussion about the evolving real estate landscape in Lagos, the challenges and ways private sector actors like FIABCI can partner with us to create a more inclusive and efficient housing ecosystem.”

Lagos State is known to have a housing problem, with some residents even residing under the bridges and in makeshift apartments.