Lagos rent could soon become even more expensive – here’s why

Precious Omolu


If you thought owning property in Lagos was expensive already, think again. The Lagos State Government’s 2026 Blue Book increases official land valuations by up to 525%, raising statutory property transaction costs across the state.


Permanent Secretary Kamal Olowosago explained at a recent stakeholders’ engagement that the five-year review was necessary to catch up with rapid urban expansion and global currency realities



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Read Full Article by Precious Omolu at www.pulse.ng
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