📉 Land prices are up.
📈 Land scams are worse.
🤑 But land returns in some Nigerian cities still outperform stocks and crypto.
So… is buying land in Nigeria in 2025 still a smart move?
This post breaks it down — honest, data-backed, and from experience.
Whether you’re investing ₦500K in Ifo or ₦50M in Lekki, here’s what you need to know before you buy that plot.
📌 Table of Contents
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Land Prices in 2025: What’s Happening
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Where Land Is Still Undervalued
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Real-Life Examples: What Investors Are Doing
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My Honest Take: Buy or Wait?
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Smart Land Buying Tips for 2025
1. Land Prices in 2025: What’s Happening
The average cost of land in Nigeria is up 18% YoY — especially in urban fringe zones.
| Location | Avg Price (500sqm) |
|---|---|
| Lekki Phase 1, Lagos | ₦85M |
| Gwarinpa, Abuja | ₦65M |
| Abeokuta | ₦3.2M |
| Epe, Lagos | ₦2.8M |
| Ifo, Ogun | ₦1.4M |
Why?
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Infrastructure projects (e.g. Lekki Airport, 4th Mainland Bridge)
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Diaspora demand
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Rise in land flipping syndicates
2. Where Land Is Still Undervalued
Here are 4 Nigerian cities where land prices are still 50–70% below market value — but with huge upside:
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Abeokuta – Close to Lagos, estate zones rising
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Nsukka – Student demand + Enugu spillover
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Makurdi – Civil servant base + development buzz
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Ikot Ekpene – Real estate growth from Uyo spread
🧠 Pro Tip: Buy near roads, proposed estates, or campus zones — demand follows development.
3. Top Land Scams to Avoid in 2025
Unfortunately, land fraud is also up.
Based on reports from LASRERA and EFCC, here are the most common scams:
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❌ Fake survey plans
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❌ Selling land already sold
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❌ Omonile double sales
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❌ “Estate” land with no title
How to Protect Yourself:
✅ Use verified realtors
✅ Ask for deed of assignment + land survey + governor’s consent
✅ Visit the site (or send a proxy)
✅ Run a land title check with the state registry (₦15K–₦50K)
4. Real-Life Examples: What Investors Are Doing
Chidi (UK-based):
Bought a plot in Epe for ₦1.2M in 2021 → now valued at ₦3.4M
Plans to flip in August or build student hostel.
Kemi (Lagos nurse):
Partnered with 3 friends to buy in Abeokuta for ₦900K each.
Now developing 2 mini-flats for rent with ₦2M loan.
Dayo (Tech bro):
Got scammed ₦5M on fake land in Sangotedo via Instagram.
Now works only with registered firms.
5. My Honest Take: Buy or Wait?
🎯 My answer: BUY. But be smart.
Yes, prices are high. Yes, scams exist.
But land remains the only asset in Nigeria that:
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Never depreciates
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Can earn you passive income (rent, farming, land leases)
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Beats inflation (12–20% annual growth in many zones)
Just don’t buy blindly. Buy based on data, location, and verification.
6. Smart Land Buying Tips for 2025
✅ Buy in emerging cities (Abeokuta, Nsukka, Uyo)
✅ Always check title status (registered survey, CofO, R of O)
✅ Don’t chase hype — focus on growth zones
✅ Partner with others to reduce risk
✅ Use legal agreements — even with friends or family
