Nigeria’s housing sector, which growth ought to be a major driver of the nation’s socio-economic development, is losing its potency as a result of unfavourable tax policies, among others. Understandably, this has become a source of grave concern...View details
To stem the myriads of problems hindering private sector-driven housing supply, property developers plan to begin talks with states in the Southwest region to arrest the situation.The move comes on the heels of current national housing policy...View details
Stamp Duty: Taxes On Property Transanctions To Increase Over 23.5%, Bad For Economy, Say Real Estate Professionals.
Nigeria’s real estate professionals are distraught by the federal government’s proposed introduction of stamp duty on property transactions. They believe it is bad for the economy and want the National Assembly to stop its...View details