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7 PLACES TO BUY CHEAP LAND IN NIGERIA’S BOOMING REAL ESTATE MARKET BY DENNIS ISONG

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7 PLACES TO BUY CHEAP LAND IN NIGERIA'S BOOMING REAL ESTATE MARKET BY DENNIS ISONG

7 PLACES TO BUY CHEAP LAND IN NIGERIA’S BOOMING REAL ESTATE MARKET BY DENNIS ISONG

 

 

Studies have shown that Nigeria is the most populous country in Africa, with almost 52% of its population in urban areas.

 

 

This is because most of the country’s population is migrating to the cities. After all, the city is considered a place where you can get a better life and also greener pastures.

 

 

When people keep migrating to a city, one thing is sure to happen and that is the high demand for accommodation. This positively affects real estate because there will be a boom in the sector.

 

 

And as the currency loses its value and erodes the middle class, also the price of real estate skyrockets, and a lot of people are looking for cheaper places to buy land and own real estate.

 

In Nigeria, not all lands can be made for an excellent strategic investment despite how blessed the country is when it comes to land. The major deciding factors on where to buy lands in Nigeria are development, the standard of living, and good amenities.

So, where can we find cheap lands in Nigeria?

 

 

  1. Lugbe (Abuja)

 

Lugbe has a strategic location that places it among the top places to buy land in Abuja. Although it already has a considerably large population, Lugbe still has plenty of land spaces available for purchase.

 

 

The area sits between the international airport and the city center. This places it within the neighborhood of the planned Centenary City.

 

Centenary City is an autonomous city that the Nigerian government plans to build, similar to Dubai, Monaco, and Singapore.

Lugbe was recently incorporated into Abuja phase 5, which means the area will get a significant facelift soon with more investments, better facilities, and infrastructural services.

 

 

All these factors make Lugbe a fine place to own land in Nigeria.

 

 

  1. Epe ( Lagos)

 

Epe is a town in the Nigerian state of Lagos. Epe has become a popular site for persons looking to acquire affordable land in Lagos throughout the years. The town is located in a peaceful location with magnificent scenery and is noted for its fertile soil, making it perfect for agriculture.

 

The location is one of the key reasons Epe is a great spot to buy cheap land. The hamlet is located distant from the city’s hustle and bustle, making it a perfect place for people looking for a tranquil and peaceful atmosphere in which to build their homes.

 

 

Furthermore, the cost of land in Epe is very modest in comparison to other areas in Lagos, making it a viable option.

 

The availability of land is another reason Epe is an excellent spot to purchase affordable land.

 

 

Buyers in Epe still have a broad variety of alternatives to pick from because there is still a lot of undeveloped land there.

 

You are certain to discover a piece of property in Epe that meets your demands and your budget, whether you’re looking for a sizable tract of land or a smaller allotment.

 

The town’s population is expanding, which increases demand for houses. Because of this, Epe is a great spot to invest in real estate because your land’s value is likely to increase over time.

 

 

In addition, the town is rapidly developing, with new facilities and services being constructed to meet the needs of its growing population.

 

 

  1. Peter Odili Road (Port Harcourt)

 

Port Harcourt is one of the busiest cities, bustling with life, and most definitely among the most prosperous states in Nigeria.

 

 

We can find these industries in Port-Harcourt: airports, seaports, oil service firms, and petrochemicals.

This state’s wealth and resources have contributed to its population growth, and many businesses like malls and residential apartments thrive there.

 

 

If you want to buy land in Nigeria, Peter Odili Road is also one of the fastest developing areas in Port-Harcourt. Two distinguished real estates in this area are the Nigerian Liquified Natural Gas and Rainbow estates.

 

 

 

It is also part of the Trans-Amadi Industrial district and only a few kilometers from the central city. If you want to be refreshed and escape from stress, the location is ideal for them. In addition, this area has impressive security and road networks.

 

 

  1. Ibeju Lekki (Lagos)

 

The biggest city in Africa is undoubtedly the best place for anyone looking to buy land.

 

 

Lagos State has over 9 million with a thriving economy, and excellent infrastructures, and it’s a center of industrialization.

 

 

 

Ibeju Lekki is the best pick for now to buy cheap land.

 

Ibeju Lekki has a seaport which is advantageous to both the government and private organizations.

 

 

This area is set aside for several government projects to aid developments and growth and skyrocket every investment within this region.

 

 

Some of the projects include Lekki deep seaport, Lekki free trade zone, and Lekki international airport.

 

 

Even multinational corporations companies are not left out. Few of the companies operating there soon include; Dangote refinery, Power oil, Kellogg’s, and Dano Milk.

 

 

In addition to all these fantastic developments, this area is also spiced up with top sites for tourist attractions like the La Campagne Beach Resort & Park, and the LUFASI nature park, which keeps some internationally endangered species, Lekki International Golf Course, and Lekki Conservation Center.

 

 

At the moment, all these projects are still in their developmental stage, which means that it is still possible to cheap land because once these projects are completed, the cost of land in Ibeju Lekki is sure to skyrocket.

 

 

  1. Oluloye Estate (Ibadan)

 

Ibadan is considered a place that is affordable to reside in Nigeria. The cost of land for sale in Ibadan is relatively cheap, and some even say the cost of buying land is lesser than renting a mini flat in some areas in Lagos.

 

 

The rapid development of areas like Oluyole Estate, Bodija, Iyaganku, and Ring Road, has made Ibadan part of the list of places where you can get cheap land and find their worth.

 

 

These areas are affluent and you can find wealthy people living there.

Also, the road network of these places is good, with constant power supply and security.

 

 

  1. Atan Ota (Ogun State)

 

Atan Ota is located in the Ado Odo/ Ota Local Government Area, one of the 19 Local Government Areas of Ogun State in southwest Nigeria.

 

 

Ata Ota is about 45 minutes drive from Sango, and it’s a rapidly developing place. Also, Atan-Ota is close to Lagos. Atan-Ota has a link to the Badagry expressway which makes it possible to access Lagos through Agbara.

 

 

Whether you are buying land in this area for investment purposes or building a home: then you are in good company because there is a high level of industrialization in this area coupled with institutions like Covenant University, Bells University, and Ogun State Institute of Technology.

 

 

  1. Mowe(Ogun State)

 

Mowe is a town located in Ogun State, Nigeria. It is situated along the Lagos-Ibadan Expressway, which makes it easily accessible from Lagos, Nigeria’s commercial capital.

 

In recent years, Mowe has become a popular destination for real estate investment due to its proximity to Lagos and the availability of land at relatively affordable prices compared to Lagos.

 

Mowe has a lot of potential for real estate investment due to its strategic location and rapid development.

 

The town is already home to several housing estates, commercial centers, and other amenities.

 

The ongoing expansion of the Lagos-Ibadan Expressway, which passes through Mowe, is also expected to further boost the town’s real estate potential.

 

One of the factors that make Mowe attractive for real estate investment is the availability of land.

 

The town has large expanses of undeveloped land that are suitable for residential, commercial, and industrial purposes.

 

The cost of land in Mowe is also relatively lower than in other nearby towns such as Magboro and Arepo.

 

Another factor that makes Mowe attractive is the growing population of Lagos, which is increasing demand for housing and other amenities in nearby towns.

 

 

Mowe is also home to several industries, including Nestle Nigeria Plc, which provides employment opportunities and supports the local economy.

 

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

 

 

 

 

 

 

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OTUNBA WASIU JAIYEOLA BAGS TASUED’S DOCTORATE DEGREE

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OTUNBA WASIU JAIYEOLA BAGS TASUED’S DOCTORATE DEGREE

 

In recognition of his impactful contributions to clothing and textile industry in Ogun state in particular and Nigeria in general, the Governing Council of Tai Solarin University of Education, ijagun is set to honour the Founder of Wessy Creations, Otunba Jaiyeola Wasiu, with the Doctor of Science, D.sc Ed (Honoris causa) in Textile and Clothing.

The letter of conferment of the award dated September 30, 2024 with reference number TASUED/REG.122/VOL.1/006 and signed by the Vice-Chancellor of the institution, Prof. Oluwole Banjo, indicated that: “The Award is in recognition of your passion for education, and numerous contributions to the advancement of human race in general.”

The letter reads further: “The University takes special recognition of your numerous professional achievements and community services, including your exemplary leadership roles in our Nation as an elder statesman whose modest achievements and accomplishments represent the idea of integrity and selflessness, which our University stand for.
“The University joins well-meaning Nigerians in celebrating your humble, worthy, and outstanding legacies in the service of humanity.
“We also congratulate you and your family on your many notable achievements in life”.

The conferment ceremony is slated for Thursday, 28th November, 2024 at the School Auditorium in Ijagun, Ijebu-Ode, Ogun State.

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Family Pleads With FG to save brother in South African prison

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Family Pleads With FG to save brother in South African prison

Family Pleads With FG to save brother in South African prison

 

The family of a Nigerian businessman, Olatunji Abdul, imprisoned in South Africa, has called on the Nigerian government and the Chairperson of the Nigerians in Diaspora Commission, Mrs Abike Dabiri-Erewa, to intervene and save his life urgently.

The family, at a press conference on Thursday at Ikeja, alleged that Olatunji, a businessman and humanitarian, who has been held in a South African prison since 2019, is a victim of false charges allegedly orchestrated by state agents and xenophobic business rivals and that he is facing imminent danger.

PUNCH Metro gathered that through a petition submitted by the founder of Zarephath Aid, Ben Abraham, an international criminal justice organisation, the family narrated the ordeal of the Osun State-born entrepreneur.

 

Abdul, who relocated to South Africa in 2009, established himself as a prominent figure in the hospitality and tourism sectors.

According to the family, as the founder and CEO of Hydro Club, a leading hospitality consultancy in Johannesburg, he provided employment opportunities for Nigerians and supported businesses, students, and tourists in the diaspora.

However, his family believes his success made him a target for xenophobic competitors and corrupt officials.

 

Olatunji’s brother, Sesan, revealed that in 2019, these forces allegedly initiated a scheme, called “#DestroyAbdul,” aimed at destroying his reputation and business ventures.

Sesan claimed that this led to his wrongful arrest, denial of bail, and coercion into providing false confessions.

“In 2020, Olatunji was convicted on charges of theft and sentenced to 15 years in prison, a sentence his supporters insist was based on fabricated evidence.’

“Despite being granted leave to appeal his sentence in November 2024, Abdul is said to be facing further challenges as his efforts to secure legal representation for his appeal have been thwarted.

 

“Several lawyers have reportedly withdrawn from his case due to threats and intimidation, leaving him to represent himself in court,” he said.

His family further stated that his situation is worsening, with fears of poisoning in prison and the confiscation of his laptop, which he needed for legal preparation.

The family, along with Zarephath Aid, appealed to the FG to act swiftly to prevent Olatunji’s death.

 

“If nothing is done, we risk losing a man who has brought pride to Nigeria and significantly contributed to the Nigerian diaspora.”

The petition reads. “Abdul is not a criminal; he is a victim of a malicious plot to destroy him.”

Olatunji’s physical and emotional health has reportedly deteriorated.

His family added that without intervention, his life remains in grave danger.

“This is not just about Abdul,” said Ben Abraham of Zarephath Aid. “It is about protecting Nigerians abroad who face unjust persecution despite their positive contributions.

 

“Abdul is an example of what Nigerians can achieve, and he deserves the protection of his country,” he said.

“Abdul is not just a businessman; he is a father, a son, and a role model for Nigerians in the diaspora. Nigeria must act now to bring him home,” the family stated.

 

 

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How Visiting US-based Nigerian bought nine drugs before death 

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How Visiting US-based Nigerian bought nine drugs before death 

How Visiting US-based Nigerian bought nine drugs before death

 

The Ogun State Police Command on Thursday said it found nine different drugs and medications in the hotel room of the visiting US-based 51-year-old Sunday Abidoye whose lifeless body was discovered at the Creestar Hotel room, GRA, Sagamu, on Wednesday.

The command’s spokesperson, SP Omolola Odutola, disclosed this in a statement on Thursday to confirm Abidoye’s death.

Odutola explained that the Chief Security Officer of the hotel, one Mr Oluwole, reported the incident regarding the discovery of the deceased customer to the police, five days after his arrival from the United States of America.

She said on receiving the report, a team of detectives visited the scene and on arrival, found the body of the deceased already placed inside a car outside the hotel, being prepared to be taken to the morgue by his family.

 

Odutola said that the deceased’s brother, Jimoh Godday, residing in Imota, Lagos State, informed the police team that his brother had arrived in Nigeria from the USA on Saturday, November 16, 2024.

 

She explained further that Godday said he had called at the hotel on Monday and knocked on Room 109, where his brother was staying, but got no response after which he requested a spare key from the manager to enter the room, where they discovered his brother’s lifeless body.

Odutola said, “Photos were taken, and various drugs and traditional medicines were recovered from the room.

 

“The centre of the bed was soaked with a liquid-like substance. A friend of the deceased, Ogunmonti Ogunwole, confirmed that he accompanied his friend, Sunday, to purchase nine different types of medication the previous day due to his complaints of illness.

“The body has since been evacuated to OOUTH morgue in Sagamu for an autopsy.

“No known cause of death yet, and the case will be transferred to the State Criminal Investigation Department for discreet investigation.”

 

 

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