Lagos reaffirms affordable housing strategy to draw SME investors

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The Lagos State Government has announced plans to deepen investor confidence in the housing sector, positioning affordable real estate as a strategic driver of economic growth and an accessible market for small- and medium-scale developers.

Speaking at the 6th Lagos Real Estate Marketplace Conference, the governor praised LASRERA for providing a platform that connects regulation, policy and capital, helping to de-risk investments and support transparent transactions.

He noted that global investor interest in Lagos is rising, reflecting the state’s status as a major urban economy. The administration intends to make growth more inclusive by aligning housing delivery with transport, infrastructure and energy development—creating opportunities for SMEs across construction, building materials, logistics and facility management.

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Through stronger regulatory frameworks, improved transportation networks and expanded partnerships, Lagos aims to reduce housing deficits, enhance liveability and support private sector participation.

Officials reiterated that Lagos remains a secure destination for real estate capital and that broad-based collaboration is essential to build a competitive, sustainable and investor-friendly property market.

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