Businessman and commentator Frank Edoho criticizes rising real estate prices in Lagos, describing them as “armed robbery” in comments reported by Nigerian outlets. In his remarks, Edoho questions the affordability of luxury property prices amid Nigeria’s broader economic challenges. He argues that the cost of high-end homes in Lagos is difficult to justify when compared with prevailing local purchasing power. Edoho also draws comparisons between Lagos luxury properties and similar homes abroad, suggesting that the pricing gap is not reasonable given local economic conditions. Both outlets report that his central point is that the market’s pricing has moved beyond what many people can realistically afford. The criticism frames the issue as one of access and value, with Edoho calling attention to how real estate costs affect ordinary buyers and residents. The reports focus on Edoho’s appraisal of pricing rather than on any specific transaction or government or industry response.