Soaring rents and a four-hour commute: the misery of the Lagos housing crisis
The Nigerian megacity’s dynamic growth is outstripping its rental supply, and wages are not keeping up with rising costsEvery weekday before dawn, Oluwatobi Ogundipe leaves his small flat in Sango Ota, an industrial town in Ogun state, for a four hour commute to the glass towers of Lagos Island.Despite working in one of Nigeria’s growing technology sectors, the 32-year-old product manager cannot afford to live any closer to his office. Continue reading...
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.