How hot money, remittances drive Abuja’s property boom

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Daily Trust gathered that renting a square metre at some Abuja malls costs close to N1 million a year in the busy area of Wuse District. ‘Abuja properties overpriced’ A town planner in the Federal Capital Territory, Mr. Olu Johnson, while speaking to Daily Trust, noted that politicians and elite have made properties in the city centre overpriced and out of the reach of the middle class.


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