About seven in 10 Nigerian workers spend 40 percent or more of their annual salaries on rents and housing-related matters.
This was one of the findings of the recently conducted BusinessDay Talk Exchange polls on the ‘State of Housing in Nigeria.’
The poll shows that 72 percent of respondents spend between four and six months of their annual salaries on house rents, amounting to about 40 percent of their incomes.
The findings raise questions around sustainability, as many households have to grapple with other basic necessities such as
About seven in 10 Nigerian workers spend 40 percent or more of their annual salaries on rents and housing-related matters.
This was one of the findings of the recently conducted BusinessDay Talk Exchange polls on the ‘State of Housing in Nigeria.’
The poll shows that 72 percent of respondents spend between four and six months of their annual salaries on house rents, amounting to about 40 percent of their incomes.
The findings raise questions around sustainability, as many households have to grapple with other basic necessities such as