Nigeria’s Real Estate Market: A Call for Reform by Cecil Osakwe
Cecil Osakwe Reflects on the Contrast Between US and Nigerian Real EstateReal estate developer Cecil Osakwe points out the distinctions between the real estate markets in Nigeria and the United States, focusing on regulations, transparency levels, and investor trustworthiness. His evaluation underlines the obstacles faced by Nigeria. He Identifies avenues for progress setting the stage for future development, in the country. The real estate sector in the United States is well known worldwide for its established rules that promote fairness and responsibility within the industry. These rules include building codes and real estate laws as licensing criteria that create an attractive environment for investors from near and far. Legal procedures play a role in enabling transactions such...