The Problem

Nigeria Housing Shortage

Nigeria faces a low-income housing crisis.

Today, more than 17 million people do not have access to adequate housing. In Lagos alone, that number is 2.5 million and rapidly rising with urbanization trends. The housing shortage poses significant threats to social, economic, and political well-being.

Existing housing solutions are incapable of effectively addressing the problem due to cost, time, unsustainable methods, and lower-quality final product

Existing housing solutions are slow, cannot scale effectively, and are often incapable of working in traditionally challenging geographic environments. Furthermore, the carbon footprint caused by traditional construction technologies is unsustainable in the long run, and the dwellings currently being built for low-income communities require significant ongoing maintenance and have short life cycles. Those dwellings often have poor resiliency against tough environmental conditions and have with many sanitation and health risks.

EchoStone is the missing link between rising global demand and delivery of houses on a massive scale.