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Why Lagos State’s Housing Deficit Persists Despite Ongoing Construction Boom

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By Dennis Isong

A housing deficit refers to a situation where there is an insufficient supply of housing units to accommodate the population’s housing needs.

This shortage of housing can result in issues such as overcrowding, homelessness, rising property prices, and limited access to affordable and suitable housing for individuals and families.

The term is often used in discussions about urban planning, real estate, and housing policy to highlight the gap between housing demand and supply in a given area.

Lagos State, Nigeria’s economic and cultural powerhouse, has witnessed a surge in construction activity over the past decade. Skyscrapers and residential buildings have sprung up across the city, seemingly indicating progress and development.

However, beneath this facade of growth lies a persistent issue: the growing housing deficit. Despite the construction boom, Lagos State continues to grapple with an increasing shortage of affordable housing.

In this article, we will explore five key reasons why this housing deficit persists amid the ongoing construction activity.

1. Rapid Urbanization and Population Growth

One of the primary drivers of the housing deficit in Lagos State is the rapid urbanization and population growth. Lagos has become a magnet for people seeking economic opportunities, leading to an influx of migrants from other regions and countries.

This constant population surge far outpaces the rate at which new housing units are being built, exacerbating the gap between supply and demand.

2. High Construction Costs

While construction activity is booming in Lagos, the high cost of building materials and labor has a cascading effect on housing affordability.

Builders face escalating expenses, which are often transferred to potential homeowners through higher property prices.
As a result, many Lagosians find themselves priced out of the market, perpetuating the housing deficit.

Lagos has become a magnet for people seeking economic opportunities, leading to an influx of migrants from other regions and countries.

3. Insufficient Infrastructure Development

The rapid construction of buildings in Lagos has not been matched by an equivalent investment in infrastructure development.

Essential amenities like roads, water supply, sewage systems, and public transportation are struggling to keep up with the expanding city.

This lack of infrastructure diminishes the appeal of newly constructed areas, hindering their potential for affordable housing.

4. Land Ownership and Land Use Regulations

Lagos State’s complex land ownership and land use regulations further compound the housing deficit. Disputes over land ownership and inefficient land allocation processes can delay construction projects and deter potential investors. Moreover, unclear land tenure systems can discourage individuals from investing in real estate, leaving large swaths of land underutilized.

5. Limited Access to Financing

Access to affordable financing options remains a significant barrier to homeownership in Lagos State. High-interest rates on mortgage loans and a lack of financial instruments designed to support affordable housing contribute to the housing deficit. Many individuals and families simply cannot secure the necessary funding to purchase a home, even when properties are available on the market.

▪︎Dennis Isong is a TOP REALTOR IN LAGOS.
He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call +2348164741041

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FG Launches Nationwide Training to Boost Livestock Extension Capacity

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The Federal Ministry of Livestock Development has begun a three-day national capacity-building programme aimed at upgrading the technical skills of Livestock Extension Officers from all 36 states and the FCT.

The workshop focuses on strengthening field advisory services and harmonising extension communication across the country.

Declaring the event open in Abuja, the Permanent Secretary, Dr. Chinyere Ijeoma Akujobi, represented by the Director of Livestock Extension and Business Development, Mr. Joseph Ako, reaffirmed the Ministry’s commitment to building a modern and commercially viable livestock sector capable of driving food security and economic diversification.

She described livestock extension officers as central to the sector’s transformation agenda, noting that they serve as the crucial link between research institutions and rural farmers.

Earlier in his welcome remarks, Mr. Ako encouraged participants to take full advantage of the intensive training sessions and emphasised that improved professional capacity among extension workers will translate into better support for livestock farmers nationwide.

The programme is anchored on the National Livestock Growth Acceleration Strategy, which places strong emphasis on effective extension services as a core pillar for boosting productivity, expanding modern production systems and promoting sustainable livestock management practices.

Meanwhile, participants will receive training in key thematic areas such as Good Animal Husbandry Practices, animal welfare, feed and nutrition, disease management, biosecurity, waste management, One Health principles, breeding and reproduction, humane handling, housing, record keeping and participatory extension methods.

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Osun PDP Congress: Thugs Arrested, Alleged Governor Makinde Mobilised Them

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Scores of Hoodlums Arrested, confessed Governor Makinde mobilised them. Members of the Oyo state chapter of the Peoples Democratic Party (PDP) dominated today’s governorship primaries of the PDP held at Osogbo, investigation and eyewitness accounts at the venue have revealed.

Buses filled with PDP members were seen entering from both Iwo and Ikire end of Osun state last night and early this morning with many of the buses stopping at Adolak hotel, the venue of the congress.

A check through the hall revealed that Osun PDP members were not in attendance even though the Ibadan based zonal youth leader of the PDP was identified as the anchor mobilised of the Oyo state PDP members for the Osun Congress.

A chat with some of the individuals at the Congress confirmed that they were mostly from Oyo state with some of them actually confirming that they were recruited to attend.

The presence of Police men and women from Oyo state who provided security cover for the mobilised party members.

Some political thugs were however arrested and they narrated how they were mobilised from the Government House in Oyo state.

On why Oyo PDP members had to be mobilised for the Osun Congress, a party chieftain from Oyo state who was also present said “Osun PDP did not conduct the mandatory three adhoc delegates to vote at the Congress.

“ So we fill the vacancies with our people from Oyo state. We cannot allow PDP to die here. That is why we have to so mobilise”, the source noted.

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President Tinubu Nominates Gen Christopher Musa as New Defence Minister

In a letter to Senate President Godswill Akpabio, President Tinubu conveyed General Musa’s nomination as the successor to Alhaji Mohammed Badaru Abubakar, who resigned on Monday.

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President Bola Ahmed Tinubu has nominated General Christopher Gwabin Musa as the new Minister of Defence.

In a letter to Senate President Godswill Akpabio, President Tinubu conveyed General Musa’s nomination as the successor to Alhaji Mohammed Badaru Abubakar, who resigned on Monday.

General Musa, 58, on December 25, is a distinguished soldier who served as Chief of Defence Staff from 2023 until October 2025. He won the Colin Powell Award for Soldiering in 2012.

Born in Sokoto in 1967, General Musa received his primary and secondary education there before attending the College of Advanced Studies in Zaria.

He graduated in 1986 and enrolled at the Nigerian Defence Academy the same year, earning a Bachelor of Science degree upon graduation in 1991.

General Musa was commissioned into the Nigerian Army as a Second Lieutenant in 1991 and has since had a distinguished career.

His appointments include General Staff Officer 1, Training/Operations at HQ 81 Division; Commanding Officer, 73 Battalion;

Assistant Director, Operational Requirements, Department of Army Policy and Plans; and Infantry Representative/Member, Training Team, HQ Nigerian Army Armour Corps.

In 2019, he served as Deputy Chief of Staff, Training/Operations, Headquarters Infantry Centre and Corps; Commander, Sector 3, Operation Lafiya Dole; and Commander, Sector 3 Multinational Joint Task Force in the Lake Chad Region.In 2021, General Musa was appointed Theatre Commander, Operation Hadin Kai.

He later became Commander of the Nigerian Army Infantry Corps before being appointed Chief of Defence Staff by President Tinubu in 2023.

In the letter to the Senate, President Tinubu expressed confidence in General Musa’s ability to lead the Ministry of Defence and further strengthen Nigeria’s security architecture.

Bayo OnanugaSpecial Adviser to the President,(Information and Strategy)December 2, 2025

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