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Why are luxury flats in demand in Nigeria?

Nigeria has seen a luxury property boom in cities like Lagos and Abuja, even though the country鈥檚 economy has been suffering.

Lagos and Abuja in Nigeria have seen a luxury property market boom despite a downward trend in country鈥檚 economy. Developers boast that their million-dollar luxury flats continue to be in demand, with rich buyers continuing to invest in what they believe to be a safer place for their money. In the next edition of Africa Daily, Alan Kasujja looks at why such properties remain in demand and what this means for the rest of the housing sector.

Host: Alan Kasujja (@Kasujja on Twitter)

Guests: Dipo Awojide, Purple Living Nigeria

Ezekiel Bassey, urban architect

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15 minutes

Podcast