Nigeria’s housing market faces rising costs and instability as a new report reveals a 70% dependence on imported building materials. Experts call for local production reforms.

Nigeria’s 2025 housing market battles rising rents, inflation, forex pressures and severe supply shortages, as experts call for reforms to restore affordability.

Nigeria’s 2026 budget framework projects ₦54.43tn spending, ₦15.91tn debt service, and a record ₦20.10tn deficit, raising concerns over fiscal stability.

Nigeria’s economy expanded by 3.98% in Q3 2025, driven by stronger agriculture, industry, and services output. NBS data highlights continued non-oil sector resilience.

The Federal Government says the proposed 30% Value-Addition Bill will strengthen investor confidence, expand processing capacity, and accelerate Nigeria’s transition from raw material exports to a value-driven manufacturing economy.

Nigeria’s Housing Minister Ahmed Dangiwa has called on states to dedicate 1–3% of their annual budgets to land administration and systematic titling, stating that credible land governance is critical to unlocking $300B in dead capital and advancing Nigeria toward a $1T economy.