Regulatory and compliance costs in Lagos have risen significantly, with industry experts estimating they now account for approximately 30% of total building project expenses. These costs, which stem from a multi-stage approval process involving agencies like LASPPPA and LASBCA, include professional fees, site inspections, and various levies. The cumulative burden is driven by factors such as property location, building scale, and construction-phase oversight. Developers warn that administrative delays and the complexity of these requirements—ranging from initial planning permits to final certificates of completion—not only inflate development budgets but also exacerbate the state’s housing deficit by impacting affordability and project timelines.