With inflation at 16 per cent, spike in food prices, housing construction and transportation costs are forcing many families to make difficult survival choices, including abandoning decent accommodation and resorting to unhealthy living conditions. The inflation report showed that restaurants and accommodation services contributed 2.06 percent...
Lagos is known as the commercial capital of Nigeria, however, building houses in the city is a complicated process full of permits, levies and different charges from various government agencies. This article examines how these multiple regulatory fees are discouraging investment in housing and making accommodation increasingly unaffordable fo...
•An estate Stakeholders in the real estate industry have stated that rents will not reduce in the housing sector despite the removal of the Value Added Tax (VAT), as the move is not capable of addressing the issue of the exponential rise in the sector. In the recent period, rents payable by tenants of houses […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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