The Nigerian real estate market is shifting as the Nigerian diaspora acquires properties from their migrating compatriots, JOSEPHINE OGUNDEJI writes
A chartered accountant, Felicia Adaobi, is one of the fortunate Nigerians who come from a family that owns a large estate in a fast-developing area of Anambra State. The property symbolised her family’s deep roots and wealth in Lagos.
The economic crisis in the country caused Adaobi, a woman in her mid-30s, to reconsider the property inherited from her parents. She thought that she could sell the property, start her own business, and send her brother overseas.
“Reflecting on my family’s journey, I always remember how my parents worked tirelessly to…