Real Estate

OPIC’s 80% local inputs sourcing raises hope for low-cost housing

by CHUKA UROKO

September 24, 2018 | 5:18 pm
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Nigeria is today the second most expensive housing market in Africa, after Angola, and one of the reasons frequently cited for the high house price in the country is the cost of building materials which are largely (about 60 percent) imported. It is estimated that building material constitutes 20-30 percent of total construction cost, making…

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by CHUKA UROKO

September 24, 2018 | 5:18 pm
  |     |     |   Start Conversation

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