It is unarguable that historically, Nigeria has not really leveraged its bountiful and well-endowed real estate (RE, 923,768 km2 land mass) as a veritable factor of production to drive economic growth and prosperity. Why are Nigerians yet to optimally tap into our greatest asset? As an illustration, Nigeria’s massive housing deficit is unjustifiable, given the resources available. A lot of institutional challenges would take the blame; they have been, and will continue to attract discussions, but such are not the main focus of this article.
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