REAL ESTATE DEMAND FOR CLUSTER 2 AREA OF LAGOS STATE
Lagos is arguably the most populous city in Nigeria, it is currently the second most populous city in Africa after Cairo, and estimated to be the second fastest growing city in Africa (7th fastest in the world)1. The estimated population is clearly close to the 20 million mark based on the UN-Habitat’s projection. (The population is expected to hit 25 million by 2015 – Projected at a growth rate of 6% per annum)2.
Table1: Bar Chart showing