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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?
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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
NAWOJ: SEKINAT, CHARITY GETS VOTE OF CONFIDENCE
The Nigeria Association of Women Journalists,(NAWOJ), Ogun State Chapter Executives has unanimously passed a vote of confidence on Chairman NAWOJ SEKINAT Salam and the Financial Secretary, Charity James, saying that, their leadership reflect the ideal and objectives of NAWOJ.
This was revealed in a communique issued at an Emergency meeting of the Executive held at the NUJ State Council, Iwe-Iroyin in Abeokuta.
The vote of confidence on the Leadership of NAWOJ was unanimously signed by all the five executive members that attended the meeting with the vice chairperson taking apology for official engagement outside the state capital.
According to the communique ” Consequently, NAWOJ Ogun State Chapter, reaffirms it’s unwavering support and confidence in the Chairperson and the Financial Secretary, Sekinat Salam and Charity James respectively, Urge them to continue in their commitment to purposeful leadership in the best interest of the association and the society at large”.
Speaking briefly with Journalists after the emergency Executive meeting, the Chairperson, Nigeria Association of Woman Journalists (NAWOJ), Com. Sekinat Salam, said the meeting was necessary as the news of her suspension was laughable and insulting because it is like a pot calling a kettle black in this case, saying that the Leadership of the State Council, Com. Wale Olanrewaju has no local standing to suspend her or any executive member, even he cannot be a judge in his own case.
According to her” The Leadership of the Nigeria Union of Journalists, Ogun State led by Wale Olanrewaju has always been misusing power without recourse to the constitution of this noble Union, hence has no local standing to suspend me or any executive member “.
She said only the Central Working Committee (CWC) has the constitutional rights to sanction or suspend any members found wanting after due process has been followed.
While calling on members to stay calm, Com. Sekinat Salam assured members of positive representation of NAWOJ at both the State and National level, adding the success recorded under her administration cannot be overemphasized.
She therefore called on the National leadership of NUJ to critically look into the matter, either by setting up independent committee to investigate the issues and resolve the matter as quickly as possible.
Adron Homes Chairman Congratulates Oyo State on 50 Years of Progress
The Chairman and Chief Executive Officer of Adron Homes and Properties Limited, Aare Adetola Emmanuelking, has congratulated the Government and people of Oyo State as the state marks its 50th anniversary, describing the occasion as a celebration of resilience, cultural pride, and sustained progress.
He noted that since its creation, Oyo State has remained a strong contributor to Nigeria’s socio-economic and cultural development, emerging as a hub of commerce, education, and innovation.
According to him, the Golden Jubilee offers a moment for reflection and renewed commitment by government, private sector players, traditional institutions, and citizens toward building a more inclusive and prosperous state.
Aare Emmanuelking commended the state’s ongoing transformation through investments in infrastructure, economic expansion, and human capital development, adding that sustainable growth is deliberate and must remain purpose-driven.
He also praised the leadership of the current administration while acknowledging the contributions of past leaders whose efforts laid the foundation for today’s Oyo State.
Reaffirming Adron Homes’ commitment to national development, he described Oyo State as a land of opportunity. He wished the state continued peace and prosperity, expressing confidence that the next fifty years will bring even greater achievements for the Pace Setter State and its people.
TY BURATAI HUMANITY CARE FOUNDATION CONDOLES WITH BIU EMIRATE OVER TRAGIC ATTACK
In a profound expression of sorrow, the TY Buratai Humanity Care Foundation has extended its heartfelt condolences to the families of the victims and the entire people of Biu Emirate, Borno State, following the recent tragic attack attributed to Boko Haram. This devastating assault, which occurred at a work site in northeastern Nigeria, claimed the lives of dozens, including brave soldiers committed to protecting the nation.
In a statement released to the press and signed by the Chairman of the foundation, Ibrahim Dahiru Danfulani Sadaukin Garkuwan Keffi/Betara Biu, the Grand Patron of the Foundation, His Excellency Amb. Lt. Gen. Tukur Yusufu Buratai CFR (Rtd), former Chief of Army Staff, described the incident as “one too many senseless, barbaric, and ruthless displays of inhumanity.” His Excellency emphasized the heartbreaking impact of such attacks on innocent, hardworking citizens striving to make a positive difference in their communities.
The Grand Patron praised the swift and decisive response of military personnel during this critical time, underscoring their brave commitment to safeguarding the nation. He called upon them to maintain this momentum, commending their courage and sacrifice in the face of adversity. “May Almighty Allah forgive their souls and grant them Aljannah Firdouse,” he remarked, encouraging the nation to honor their spirit of sacrifice as they rally together to rebuild and restore hope across the region.
In his statement, Gen. Buratai highlighted the importance of collective action in overcoming the challenges posed by insecurity, urging concerned citizens to increase their efforts in fostering a virile community that future generations can cherish. “Together, we can surmount these troubles,” he asserted, calling on all patriotic leaders and citizens to unite in the fight against violence and insecurity.
The TY Buratai Humanity Care Foundation remains committed to supporting initiatives that promote peace, security, unity, and prosperity. As the foundation extends its condolences to the bereaved, it also calls upon all segments of society to collaborate in creating a better and safer future. May Allah guide and protect the nation and lead it toward enduring peace. Amen.
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