By Ignatius Okafor
The crisis of rising rents in Nigeria’s major cities has become a painful reality for millions of households. From Lagos to Abuja, tenants face ever-increasing demands for two to three years’ rent upfront, while landlords insist that inflation and high construction costs justify their actions.
With the country’s housing deficit now estimated at 28 million units, soaring rents are unlikely to abate without urgent reforms. Over the years, successive governments have launched initiatives to address this crisis, yet the impact has been minimal.
