Lagos investors face 17 property registration hurdles.
Investors in Lagos are frustrated by the 17-step property registration process, which contrasts sharply with London’s simpler 9-step process. In Lagos, developers must navigate multiple agencies for approvals, including the Lagos State Physical Planning Permit Authority, Lagos State Safety Commission, and the Ministry of Physical Planning and Urban Development, among others. This cumbersome process hinders the ease of doing business and deters investment. Experts urge Nigeria to streamline these procedures to foster a more investor-friendly environment.
