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Should Nigeria Introduce a National Rent Control Law?
Across Nigeria’s major cities, rent has become a defining factor in where people live, how they live, and whether they can plan for the future at all.
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.