Over 1,000 of Nigeria’s most influential real estate stakeholders convened on September 16, 2025, at Harbour Point, Victoria Island, Lagos, for the Real Estate Stakeholders’ Forum (RESF) 2025, a high-level summit aimed at addressing the country’s most urgent housing and investment challenges.

The forum brought together top developers, investors, financial institutions, policymakers, and professionals for a full day of strategic dialogue on the future of real estate in Nigeria.

Notable key areas of focus included affordable housing, land use reform, modular housing innovation, and bridging financing gaps.

Among the notable attendees were Dr. Tony Kolawole, Chairman of REDAN Lagos; Dr. Kunle Adeyemi, Vice President, REDAN South West; Professor Timothy Nubi, Barr. Festus Adebayo, Founder/Chairman, Housing TV Africa, Director, Centre for Housing and Sustainable Development at the University of Lagos; Barr. Labake Adetunmbi, Legal Adviser, REDAN Lagos; and Osagie Alfred, Secretary-General, FIABCI Lagos Chapter.

A major outcome of the forum was the unanimous endorsement of the Real Estate Developers Association of Nigeria (REDAN) to represent stakeholder interests through a jointly authored communiqué to be submitted to the government.

The document outlined critical sectoral demands, including streamlining land titling processes, eliminating multiple taxation, accelerating housing reforms, and unlocking investment opportunities to support sustainable urban development.

Barr. Festus Adebayo highlighted the urgency of the crisis, stating, “The critical problem facing us today is housing affordability.” He also called for higher standards in the industry, adding, “We need to professionalize real estate development.”

Delivering the keynote address, Professor Timothy Nubi noted the importance of partnerships between the public and private sectors.

“Collaboration between the government and real estate developers is essential for unlocking Lagos’ full potential. No entity can thrive in isolation; partnership is key to successful urban development,” he said.

The event concluded on a note of cautious optimism, with participants reaffirming their collective commitment to building a more inclusive, innovative, and investment-ready real estate sector in Nigeria.

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