Frank Edoho describes Lagos real estate prices as ‘armed robbery’

Media personality Frank Edoho has criticised the rising cost of real estate in Lagos, describing the property market as “armed robbery” and questioning who can genuinely afford the multi-million-naira homes on sale.
Speaking during a recent episode of The KK Show, Edoho compared the prices of luxury properties in Lagos with those in foreign countries, arguing that the cost of homes in Nigeria’s commercial hub is difficult to justify considering the nation’s economic realities.
“Lagos real estate prices, the real estate industry, I think it’s armed robbery,” he said.
Highlighting the disparity, Edoho referenced Hollywood actor Leonardo DiCaprio, claiming the actor owns an island wort...