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USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880

Why cheap land won’t make Lagos, Abuja homes affordable—Developer

Cheap land on the outskirts of Lagos and Abuja will not necessarily translate to affordable homes because developers still have to absorb infrastructure, construction and financing costs, according to Michael Onyeachor,…

Aggregated · originally by Nairametrics
13 Sept 2026, 16:45 WAT · 3 min read
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Why cheap land won’t make Lagos, Abuja homes affordable—Developer

Cheap land on the outskirts of Lagos and Abuja will not necessarily translate to affordable homes because developers still have to absorb infrastructure, construction and financing costs, according to Michael Onyeachor,…