The United Nations recently identified the real estate sector as one of the fastest growing in the Nigerian economy, having the capacity to drive economic growth if well harnessed.
Despite the uncertainties in the policy direction of the Buhari-led government, investments continue to stream into the real estate space. Focusing on the luxury real estate market, Sijibomi Ogundele, Chief Executive Officer, Sujimoto Construction joins CNBC Africa.
“There is a huge gap in the luxury market. Of course we have a huge deficit in the real estate market. But looking at luxury itself, I can tell you we are not meeting 5% of our potential” – Sijibome
“The demand for luxury real estate within the Nigerian consumers is so big”
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