In the real estate industry, Nigeria is experiencing rapid urbanization, with an estimated annual national population growth rate of just over 2% and an annual urban population growth rate of about 4%. The population is becoming more and more focused to the urban areas, towns and cities with just under 50% of the population living in urban areas — and ...
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Top 5 Unpredictable Facts about Lagos
Of a truth, there are many things you cannot predict about Lagosians and Lagos state at large. Imagine a government that suddenly decides to increase tax on real properties by a whooping 400% without thinking twice about it’s implications. Stange things evolve every single day of our lives in this city of high-tension drama that it has become a normal ...
Read More »The World’s Dirtiest Cities
Do you know that African cities are among the dirtiest cities in the world? In this article we take a look at the world’s dirtiest cities and why they are regarded as the dirtiest. Pollution is one of the most dangerous issues plaguing the world today. Water pollution causes a decline of safe drinking water. Air pollution leads to health ...
Read More »The Increasing Trend of Population and Habitation in Lagos State
The original settlement on the site in which Lagos grew was first inhabited by fishermen and farmers and was called Eko. This settlement was christened in 1492 as Lago de Kuramo by the Portuguese who used it only as a harbour in their attempts at finding a route to the far east. However what we have today is what you ...
Read More »Real Estate: ‘Population, Panacea To Recession’
Mr Hamiliton Odom, vice chairman, Nigerian Institute of Estate Surveyors and Valuers, Rivers State chapter, has said that a robust population was pivotal in delivering the Nigerian economy from recession. According to The Tide, Odom, also the principal partner in Hamilton Odom & Co Estate Surveyors and Valuers, noted “we are lucky that we have a robust and vibrant population ...
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