Why are luxury flats in demand in Nigeria?
Luxury property boom despite a poor economy.
Africa Daily · BBC World Service
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Show Notes
Lagos and Abuja in Nigeria have seen a luxury property market boom despite a downward trend in country’s economy. Developers boast that their million-dollar luxury flats continue to be in demand, with rich buyers continuing to invest in what they believe to be a safer place for their money. In the next edition of Africa Daily, Alan Kasujja looks at why such properties remain in demand and what this means for the rest of the housing sector.
Host: Alan Kasujja (@Kasujja on Twitter)
Guests: Dipo Awojide, Purple Living Nigeria
Ezekiel Bassey, urban architect