Soaring rents and a four-hour commute: the misery of the Lagos housing crisis

2 days ago 2

Rommie Analytics

The Nigerian megacity’s dynamic growth is outstripping its rental supply, and wages are not keeping up with rising costs

Every weekday before dawn, Oluwatobi Ogundipe leaves his small flat in Sango Ota, an industrial town in Ogun state, for a four hour commute to the glass towers of Lagos Island.

Despite working in one of Nigeria’s growing technology sectors, the 32-year-old product manager cannot afford to live any closer to his office.

Continue reading...
Read Entire Article