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Tag Archives: inflation

Housing, electricity costs push inflation to 18.48%

Lagos house prices and economic recession

New Telegraph reports that the monthly inflation rate commonly referred to as Consumer Price Index (CPI) has risen by 0.15 per cent from 18.33 per cent to 18.48 per cent in the month of November, according to the monthly inflation data released by the National Bureau of Statistics (NBS). NBS cited increases in costs of water, housing, electricity, gas and clothing ...

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The Necessity For Affordable Housing

affordable Housing

Nigeria is perhaps the fastest urbanizing country in the African continent. One of the most important challenges facing the country is the provision of affordable housing. In Nigeria, many people always wait with keen interest to listen to budget speech at the beginning of each year. This is for nothing sake, but to hear how much have been allocated to ...

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