The Housing Development Advocacy Network (HDAN) has been actively advocating for government intervention to address this growing issue, which has made homeownership a distant dream for many Nigerians.
Over the past few years, the housing market in Nigeria has become increasingly unforgiving. In Lagos and Abuja, two of the country’s most expensive cities, the cost of housing has jumped dramatically. A one-bedroom apartment can now cost upwards of ₦25 million, a price unattainable for the majority of Nigerians.
