Nigeria: Housing sell off

Chippla's Weblog voices his disgust at the latest privatisation of the housing sector in Nigeria…..”Welcome to the Nigeria of the future where the government will continue to sell off its interests in public companies. And such interests include its holdings in housing infrastructure in the commercial capital of Lagos………Yes it sounds great. It sounds great if you are rich and have the money to rent the apartments or purchase UACN shares on the stock market. For the hundreds of residents of the1004 Housing Estate who are now forced to pack up and leave, it is nothing short of a nightmare”

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