Nigeria’s real estate sector has witnessed significant transformation in recent years, driven by rapid urban expansion, shifting government policies, and increasing demand for sustainable developments. As the industry approaches 2025, stakeholders remain cautiously optimistic, weighing the opportunities and challenges that will define the market’s trajectory. In an interview with The Guardian, Oluwabusuyi Adonis Fakanlu, CEO…

Prof. Samson Duna, Director-General, Nigerian Building and Road Research Institute (NBRRI), has promised to reduce cases of building collapse in Nigeria, and provide accessible, affordable housing in the country. Duna made this known during a thanksgiving church service to celebrate his reappointment as NBRRI D-G by President Bola Tinubu, held at ECWA Central Area, Abuja,…

Like many parts of the world, the construction industry in Nigeria is faced with the challenge of costly building materials, usually associated with inflation, an inappropriate supply chain, and increased demand. This plight has paused and disoriented most developers in their building projects, forcing them to seek alternative solutions to have operations continue. This challenge…

Nigeria, like many other developing countries, faces a severe housing deficit, with millions of citizens unable to access affordable and sustainable housing. The challenges are manifold: escalating construction costs, inadequate financing mechanisms, complex regulatory environments, and the rapid urbanization of cities like Lagos, Abuja, and Port Harcourt. These factors have contributed to the growth of…

To address the challenges of affordability in the real estate sector, the Chief Executive Officer, Dynatech Homes, Chigozie Okafor, has advised the government to provide loans to developers that build affordable houses for Nigerians.

With the immense feelings of discontentment felt by many citizens of our country, Nigeria, sparking the recent wave of protests, let the evident accomplishments of the current government not be forgotten. Every presidential candidate makes grandiose promises in his manifesto, but President Bola Tinubu and his administration have made discernible accomplishments in the country’s economy…

Salaudeen Abdulmumin, is a distinguished scholar and visionary entrepreneur with an ambitious plan to build one million affordable houses for civil servants in Abuja. He has a BSc in Architecture, a Masters degree in Environmental Resource Management, and ongoing Ph.D. studies in the same field. A graduate of the prestigious London Business School, he is…