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Nigeria at 65: Housing Policy, Evolution, Impacts, and the Road Ahead (1960 to 2025)
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Nigeria at 65: Housing Policy, Evolution, Impacts, and the Road Ahead (1960 to 2025)

As Nigeria marks its 65th year of independence, one of the country’s most persistent challenges remains unresolved: how to provide adequate, affordable housing for its people. The journey from 1960 to 2025 has seen shifting strategies, ambitious policies, and recurring promises, yet the housing deficit today is estimated at 20 to 28 million units. The question for real estate stakeholders is not whether Nigeria has tried, but why so many initiatives have fallen short and what must change in the years ahead.

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Is the Nigerian Government Doing Enough to Address the Housing Deficit for Low-Income Earners?
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Is the Nigerian Government Doing Enough to Address the Housing Deficit for Low-Income Earners?

With over 20 million Nigerians lacking adequate shelter, the country’s housing deficit has become a quiet emergency—especially for low-income earners. While the government has launched several initiatives to bridge the gap, from mortgage schemes to affordable housing projects, the question remains: are these efforts reaching the people who need them most? This article takes a closer look at what’s working, what’s not, and what voices on the ground are saying about the future of housing in Nigeria.

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The Nigerian Rental Crisis: Inflation, Greed, and Speculation
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The Nigerian Rental Crisis: Inflation, Greed, and Speculation

Rent prices in Nigeria are rising at an alarming rate, often surpassing the country’s already high inflation rate of around 30% annually. In some cases, tenants have reported rent hikes of 40% to 60%, with extreme instances of rent doubling within a year—often driven by speculation and landlord profiteering.

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