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Housing regulation is once again taking center stage in Lagos as authorities move to tighten control over government-owned estates.
Residents of Ojokoro Estate have been given a four-month deadline to remove illegal structures and unauthorized modifications built within the estate. The directive signals a broader push by the state government to restore the original planning layouts of public housing developments, many of which have gradually been altered through extensions, extra units, and commercial conversions.
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Lagos Gives Ojokoro Estate Allottees Four Months to Remove Illegal Structures
The Lagos State Government has issued a four-month ultimatum to property allottees in Ojokoro Estate to remove illegal structures and unauthorised building extensions within the government-owned housing estate.
The directive was announced by the Lagos State Ministry of Housing, which stated that the measure forms part of broader efforts to restore order, safety, and adherence to approved planning standards across state-owned residential estates.
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Ghana’s Luxury Housing Market Draws Nigerian Property Investors
A growing number of Nigerian investors are exploring Ghana’s luxury real estate sector as a strategic investment destination, seeking stable returns and portfolio diversification within West Africa.
Industry analysts say the trend reflects increasing interest among high-net-worth Nigerians in acquiring premium residential property in Ghana’s capital, Accra, where the property market has demonstrated consistent demand and relatively stable returns.
Lekki-Epe Expressway Rehabilitation Accelerated as Traffic Worsens
The Lagos State Government has announced plans to accelerate ongoing rehabilitation works along the Lekki-Epe Expressway in response to severe traffic congestion affecting commuters on the busy corridor.
The update was disclosed by the state’s Commissioner for Transportation, Oluwaseun Osiyemi, who acknowledged the difficulties motorists currently face due to construction activities and assured residents that efforts are underway to fast-track completion of the project.
Fire Outbreak at Abuja Hotel Destroys Property Worth ₦350m
A late-night fire outbreak has destroyed property worth approximately ₦350 million at De Bently Hotel in Abuja after flames engulfed the four-storey building located in the Utako district of Nigeria’s capital.
According to the Federal Fire Service, the incident occurred on 9 March 2026, prompting an emergency response from firefighting teams who were deployed shortly after the alarm was raised.
Lagos Housing Market Faces Supply Gap as Rents Increase
Residential rents in Lagos continue to increase as demand for housing outpaces the supply of available residential units in Nigeria’s commercial capital.
A recent property market report by global real estate consultancy Knight Frank shows that rental prices across Lagos rose during the second half of 2025, even though Nigeria’s headline inflation moderated during the same period.
The findings indicate that strong demand for accommodation, combined with a limited supply of formal residential housing, remains a key factor sustaining upward pressure on rental prices.
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