Quote from Ndubuisi Ekekwe on June 10, 2022, 8:23 AM

China’s real estate is huge, accounting for close to 30% of the gross domestic product.  I do think Nigeria’s real estate can be huge if we put more “velocity” in it. But just as everything in the market system, policies have a role. Chinese real estate billionaires are losing tons of money as the government works to curtail runaway property prices. 

So, even in Nigeria, the government holds the ace, because if we deepen our property rights, many good things will happen. Tekedia Capital recently invested in a housing exchange as we continue to explore how to unlock value in this sector.