Much of Nigeria’s railway infrastructure was built by the UK colonial administration to facilitate governance and cheaply transport goods to the seaports for export. After falling into disuse for many years, the country’s railway architecture is now being modernised and rehabilitated.
One of the new rail projects, the Lagos-Ibadan double standard-gauge rail is facilitating real estate development along its corridors in Ogun and Oyo states, and could ultimately decongest Lagos, Nigeria’s commercial capital with a perennial congestion problem.
Many young Nigerians begin their corporate and business careers in Lagos, the commercial nerve centre of the country. Lagos is home to the highest number of SMEs in Nigeria and has just overtaken Nairobi as Africa’s top startup city according to the Global Startup Ecosystem Index 202, released by StartupBlink.
For all the opportunities, high housing
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