Insecurity, escort withdrawal stall real estate delivery

Nigerian real estate developers are facing significant challenges due to escalating insecurity and the withdrawal of police escorts. These issues are directly impacting the timely delivery of housing projects across the country. The increased vulnerability of developers and their sites is leading to project delays and disruptions, which in turn are contributing to higher housing costs for consumers.

The disruptions in real estate development due to security concerns threaten to exacerbate Nigeria's existing housing deficit and impact economic growth.