Lagos unlocks new corridors to attract real estate investors

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Lagos State is opening new investment corridors, improving infrastructure, and simplifying approvals to attract serious real estate investors, Governor Babajide Sanwo-Olu has announced.

Speaking at the 6th Lagos Real Estate Marketplace Conference & Exhibition investors’ roundtable, the Governor, represented by Deputy Governor Dr. Kadri Obafemi Hamzat, emphasized that Lagos now offers a stable, predictable, and growth-driven environment for property investment, fully aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda.

Special Adviser on Housing, Barr. Barakat Odunuga-Bakare, described Lagos as Africa’s top destination for real estate investment, highlighting the city’s infrastructure, growing population, and strong returns. Diaspora-focused projects were also unveiled, opening opportunities for investors from across the globe, according to Lagos State Office of Diaspora Affairs Executive Secretary, Mr. Jermaine Sanwo-Olu.

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Access Bank Plc confirmed its partnership with the state to support 100,000 affordable housing units, leveraging public-private collaboration to address Lagos’ housing deficit.

The Governor concluded that Lagos real estate is not just about buildings but about communities, people, and economic opportunity, reinforcing the city’s position as a hub for sustainable property investment and long-term growth.

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