Rising cost of real estate due to inflation in Nigeria

In Nigeria, inflation is driving up construction and rental costs at an unprecedented rate — with building expenses increasing by 300% and rental prices soaring by over 200%. Architects, developers and prospective homeowners face daily uncertainty, while low- and middle-income families struggle to secure housing. Through the voices of developers, tenants and market experts, this report explores how skyrocketing costs are impacting housing access and what this means for the future of Nigeria’s real estate. Watch the full video for a closer look at the human and economic consequences of an unregulated market under inflationary strain. Journalist: ANNABELLE AYANGBADE