Abstract
PurposeThe paper seeks to describe the historical development, current status, and operation of real estate law and policy in Nigeria in the context of global requirements for sustainable development.Design/methodology/approachThe paper takes the form of a literature and legislative review. It examines the existing real estate law and policy (Land Use Act No. 6 of 1978) in Nigeria. The relevance of sustainable development to real estate laws and policy is highlighted. A brief comparative study of land issues in Nigeria and some developing nations is also included.FindingsThe existing real estate law and policy in Nigeria is inadequate to meet the aspirations for sustainable development.Practical implicationsThe paper makes recommendations geared towards appropriate real estate laws and policies for sustainable development in Nigeria.Originality/valueThe paper contributes to the critique on the existing real estate laws and policies in Nigeria. Based on tenets of sustainable development, it offers useful guidance on future formulation of real estate law and policy, in particular community participation, setting of different time periods, and the targets that each period must realize.
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