Nigerian Real Estate

Ibadan’s luxury property market is changing, and Iyaganku GRA is one of the neighbourhoods worth watching. Behind its gated compounds, spacious detached houses and contemporary residences lies a practical question for property seekers: who can afford to rent or buy these homes, and what does the money actually get them?

Imagine driving home after an exhausting 3-hour crawl through 5th Avenue traffic in Lekki, only for the estate security guard at the gate to refuse you access to your own house. Why? Because the executive committee of your Resident Association (RA) or Community Development Association (CDA) decided overnight to increase...