How to unlock $900bn dead capital in Nigeria real estate —Experts


Experts, including the Minister of Works and Housing, Mr Babatunde Fashola are calling on states to invest in land registration and documentation processes to unlock Nigeria’s $900 billion dead capital in real estate. DAYO AYEYEMI reports:

It is no longer news that Nigeria holds as much as $900 billion worth of dead capital in residential real estate and agricultural land alone.

The news is about the necessary steps to be taken to change the narrative.

This dead capital is hinged on the fact that over 90 per cent of land in the country is yet to be registered. By implication, less than 10 per cent of land in the country is titled.

This restricted ownership and unregistered land, experts…

Source: Nigerian Tribune

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