Only 5% of Lagos Homes Are Affordable – Expert Explains Lekki’s Decline in Elite Status
July 31, 2025 | Lagos, Nigeria Real estate expert and Founder of the Nigerian PropTech Association, Roland Igbinoba, has revealed that only five percent of residential properties in Lagos are affordable to the average citizen, raising concerns about the growing housing crisis in Africa’s most populous city. Speaking at a recent industry dialogue in Lagos,