Stakeholders in Nigeria’s real estate sector have urged a return to integrity, sustainability, and inclusiveness to strengthen Lagos’ fast-growing property market.
At the REDA 2025 summit themed “Back to the Basics,” Governor Babajide Sanwo-Olu, represented by Dr Barakat Odunuga-Bakare, reaffirmed his commitment to affordable, people-focused housing built on transparency and resilience.
Dr Armstrong Takang of MOFI revealed Nigeria’s housing deficit stands at 28 million units, launching a real estate fund offering single-digit mortgages to bridge the gap.
Other speakers, including Dr Olayinka Olumide and Imelda Usoro-Olaoye, emphasized the need for green architecture, digital transparency, and ethical business practices to ensure long-term growth.
Source:Guardian
