Less than 10% of properties have proper titles, Finance Ministry says

Less than 10 percent of properties in Nigeria have proper land titles according to the Finance Ministry. This limits people's ability to use their assets as collateral for loans and reduces lending overall.

Pidgin: Less than 10 percent of properties wey dey Nigeria get proper land title according to Finance Ministry. Dis one limit people from using their assets as collateral to get loan and e reduce lending overall.

How this affects you: Nigerians who own property are affected as they cannot use assets as collateral to secure loans.