April 2025

The Roof Over Our Heads: Why Wood is So Costly in Lagos and Leaving Buildings Unfinished

If you drive around Lagos, or even in many developing areas, you’ll often see them: buildings standing tall, walls completed, windows perhaps installed, but with a gaping space where the roof should be. It’s a common sight, a symbol of halted dreams and stretched budgets. For many lower and middle-class families saving up to build […]

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Challenges Facing Nigeria’s Lower to Middle Class in Owning a Home

The aspiration of owning a home, a cornerstone of stability and upward mobility, remains a distant dream for a significant portion of Nigeria’s lower to middle class. Despite various government initiatives and the inherent human desire for shelter, a confluence of formidable challenges continues to erect a seemingly insurmountable barrier to entry into the housing

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The Long View: Investing in Nigeria’s Property Future

Ah, Nigeria. A fascinating landscape, wouldn’t you agree? Especially when viewed through the lens of tangible assets, the kind that appreciate beautifully over time. Real estate here… it’s not just about shelter, it’s about legacy, about securing a piece of a future I see unfolding with remarkable clarity. One doesn’t simply dabble in this market;

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Why Nigerians and Nigerians in Diaspora Need an Independent Property Condition Assessment – And Why Metro Asset is Your Best Choice 

Buying, selling, or maintaining property in Nigeria comes with risks—fraudulent deals, hidden defects, and poor construction standards can turn real estate investments into costly nightmares. For Nigerians, especially those in the diaspora, verifying the true condition of a property from afar is even more challenging. This is where an Independent Property Condition Assessment (PCA) becomes

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From Boom to Bust: How Cement Scarcity, Naira Crash, and Foreign Wars Are Crushing Lagos’ Mega Constructions

Nigeria’s real estate sector has long faced challenges related to the cost and availability of building materials. However, recent global conflicts, including the Russia-Ukraine war and tensions in the Middle East, have exacerbated these issues, leading to skyrocketing prices and project delays. Lagos, Nigeria’s economic hub and a hotspot for real estate development, has been

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Is Your Nigerian Property Safe? Get an Unbiased Assessment from Abroad.

As a Real Estate Property Condition Assessment Professional, I understand the unique challenges faced by Nigerians living abroad when it comes to managing their properties back home. It’s disheartening to return to what should be a sanctuary, only to find it in a state of disrepair or of a  quality that doesn’t meet expectations. Here’s

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The Constant Battle with the ‘Generator Tax’: Are We Paying Too Much for Power in Our Estates

Top Concerns for Nigerian Homeowners Regarding Estate Management: Engaging Topics for Nigerian Homeowners related to Estate Management: Data Points (While specific comprehensive data is limited): Conclusion: Estate management issues, particularly concerning rising costs, lack of transparency, and service delivery, are significant and engaging topics for Nigerian homeowners. The need for greater accountability and effective management

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Young Nigerians, Your Home Dream is Under Threat: Here’s Why

The aspiration to own a home in Nigeria, a powerful symbol of progress and security, is facing a formidable foe: the turbulent waters of the global economy, crashing against already existing local challenges. For young professionals, low-income families, and first-time homebuyers, this confluence of factors is making the dream of having their own roof over

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Global Economic Slowdown and Nigerian Real Estate

The Interconnectedness: Nigeria’s economy, despite efforts at diversification, remains significantly reliant on crude oil exports for a substantial portion of its government revenue and foreign exchange earnings. Data from late 2024 indicated that while the non-oil sector contributed over 95% to Nigeria’s GDP, the oil sector still accounted for a significant portion of export revenue

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