If you decide to stay in a hostel in Lagos, you have made a good choice.
Renting a home in Lagos is a great possibility that you should not discard. In this type of accomodation yoiu will be able to enjoy a spacious home, possibly with swimming pool, terraces and gardens with barbeques among other types of commodities.
Spending your holidays in a home in Lagos could have it´s advantages. If you come with a group of friends or a numerous family it will always be a more economical option.