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Buying Land in Lagos: Legal Considerations Every Investor Must Know by Dennis Isong

Additionally, visit the site yourself. Don’t rely on Google Maps or the seller’s description. Go there, walk the land, and make sure it matches what you’ve been told.

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Lagos is the city of dreams, hustle, and endless opportunities.

It’s a place where fortunes are made, where the skyline is constantly changing, and where the promise of a better future lures thousands of people every day.

But beneath the glitz and glamour of Nigeria’s commercial capital lies a complex, often treacherous landscape—especially when it comes to buying land.

If you’ve ever dreamed of owning a piece of Lagos, whether to build your dream home, start a business, or simply as an investment, you need to tread carefully.

The stories of heartbreak, betrayal, and financial ruin are as common as the tales of success. Let me tell you, buying land in Lagos is not for the faint-hearted. But with the right knowledge, you can avoid the pitfalls and make a smart, secure investment.  

You’ve worked hard, saved diligently, and finally have enough to buy a plot of land in Lagos.

You envision building a home where your family will thrive or developing a property that will generate passive income for years to come. You’ve seen the ads—prime locations, affordable prices, and promises of quick returns.

It all sounds perfect, doesn’t it? But here’s the harsh reality: not all that glitters is gold. Lagos is notorious for land disputes, fraudulent sellers, and bureaucratic nightmares.

I’ve heard too many stories of people who paid for land only to discover that it belonged to someone else, or worse, that it was part of a government acquisition.  

Take the story of Ada, a single mother who saved for years to buy a plot of land in Lekki.

She was thrilled when she found what seemed like the perfect deal. The seller was charming, the paperwork looked legit, and the price was within her budget.

She paid in full, only to find out months later that the land was under dispute between two families. She spent years in court, draining her savings and losing sleep over what was supposed to be her golden ticket to financial security.

Ada’s story is not unique. It’s a cautionary tale that underscores the importance of doing your due diligence before buying land in Lagos.

What You Need to Know

Buying land in Lagos is not as simple as handing over cash and getting a receipt. There are legal considerations that every investor must be aware of. Ignoring these can lead to costly mistakes.

Here are the key legal aspects you need to consider:   1. Verify the Title Documents  

The first step in any land transaction is to verify the title documents.

In Lagos, the most secure form of land ownership is a Certificate of Occupancy (C of O) issued by the state government.

This document proves that the government has allocated the land to the owner and grants them the right to use it. However, not all lands have a C of O. Some may have a Governor’s Consent, Deed of Assignment, or other forms of documentation.  

The important thing is to ensure that the documents are genuine and that the seller has the legal right to sell the land. This is where many people get into trouble.

They assume that because the seller has a piece of paper, everything is fine. But in Lagos, fake documents are rampant. Always engage a lawyer to conduct a thorough search at the Land Registry to confirm the authenticity of the documents and ensure there are no encumbrances on the land.  

2. Check for Government Acquisition   One of the biggest risks when buying land in Lagos is purchasing a property that has been acquired by the government for public use.

This is more common than you might think, especially in areas like Lekki, Ibeju-Lekki, and Epe, where large-scale infrastructure projects are underway. If the land is under government acquisition, you could lose it without compensation, no matter how much you’ve paid.  

To avoid this, your lawyer should conduct a search at the Ministry of Physical Planning and Urban Development to confirm whether the land is free from government acquisition.

This step is non-negotiable. Don’t let anyone convince you to skip it, no matter how trustworthy they seem.  

3. Survey and Land Verification  

Before you buy any land, you need to know exactly what you’re buying. This means conducting a survey to confirm the size, location, and boundaries of the property. A survey plan prepared by a licensed surveyor will give you a clear picture of the land and help you avoid disputes with neighbors or other claimants.  

Additionally, visit the site yourself. Don’t rely on Google Maps or the seller’s description. Go there, walk the land, and make sure it matches what you’ve been told.

I’ve heard stories of people who bought land only to discover that it was in the middle of a swamp or already occupied by squatters. Don’t let that be you.

  4. Engage a Competent Lawyer

  I cannot stress this enough: do not try to navigate the land-buying process on your own. The legal complexities are too great, and the risks are too high.

A competent lawyer will guide you through the process, conduct the necessary searches, and ensure that all the paperwork is in order. They will also help you draft a solid contract that protects your interests.  

Yes, legal fees can be expensive, but they are a small price to pay for peace of mind. Think of it as an insurance policy against fraud and future disputes. As the saying goes, “If you think hiring a professional is expensive, try hiring an amateur.”  

5. Beware of Omo-Onile (Landowners)  

In Lagos, the term “Omo-Onile” refers to the original landowners or their descendants. These individuals often demand fees from buyers, claiming it’s their right as the original owners of the land. While some of these claims may be legitimate, many are not. Some Omo-Onile are notorious for extorting money from buyers and causing trouble during construction.  

To avoid this, make sure you understand the history of the land and any agreements the seller has with the Omo-Onile. Your lawyer can help you navigate this delicate issue and ensure that all necessary payments have been made.  

The Emotional Toll of Land Disputes

Buying land is not just a financial transaction; it’s an emotional journey.

For many people, it represents hope, stability, and a brighter future.

When things go wrong, the emotional toll can be devastating. Imagine the frustration of watching your dream property slip through your fingers because of a legal technicality.

Or the heartbreak of realizing that the land you’ve invested in is embroiled in a dispute that could take years to resolve.  

I’ve seen families torn apart by land disputes, friendships ruined, and lives upended. It’s not just about the money; it’s about the dreams that are shattered along the way.

That’s why it’s so important to get it right from the start. Don’t let impatience or excitement cloud your judgment. Take the time to do things properly, and you’ll save yourself a world of pain.

The Rewards of a Smart Investment Despite the challenges, buying land in Lagos can be one of the best investments you’ll ever make. The city is growing at an unprecedented rate, and land values are skyrocketing.

If you do your due diligence and follow the legal process, you could secure a valuable asset that will be appreciated over time.   I know people who bought land in Lekki 10 years ago for a fraction of what it’s worth today.

They’ve built homes, started businesses, and created a legacy for their families. With the right approach, you can do the same. But remember, success in real estate is not just about buying land; it’s about buying the *right* land.  

Buying land in Lagos is a journey filled with both opportunities and risks. It’s a test of your patience, diligence, and resilience. But with the right knowledge and guidance, you can navigate the complexities and come out on top.

Don’t let the horror stories scare you away. Instead, let them inspire you to be smarter, more cautious, and more determined.  

Your dream of owning a piece of Lagos is within reach. Take the time to do it right, and you’ll be rewarded with an investment that will stand the test of time.

Remember, the city may be tough, but so are you. And with the right legal considerations in place, you can turn your dream into a reality.  

STOP LOSING MONEY IN LAGOS REAL ESTATE! Learn

How to Protect Your Investment Today. => LandProperty.ng/free

Your future deserves the assurance of due diligence.

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Dangote Refinery Debunks shutdown rumour, says PMS’s gantry price remains N850

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The Dangote Petroleum Refinery has firmly dismissed recent reports alleging a shutdown of its operations, reassuring the public and market stakeholders that its activities remain fully active and stable.

In an official statement by the Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery’s management categorically denied claims that truck loading has been suspended or that production has been interrupted. “The Dangote Petroleum Refinery is fully operational. There has been no shutdown, nor has there been any suspension of truck loading activities” the statement reads.

The refinery also clarified that the intermittent sale of Residual Catalytic Oil (RCO) is part of normal business operations, often involving large parcel sales, which explains the recent fuel oil tender.

According to the management, Dangote Petroleum Refinery consistently supplies over 40 million litres of PMS daily, alongside steady volumes of Automotive Gas Oil (diesel). These supplies continue unabated, despite speculation suggesting otherwise.

“As the world’s largest single-train petroleum refinery, the facility employs advanced predictive and preventive maintenance protocols to ensure uninterrupted operations. Routine maintenance activities are standard and do not impact the overall fuel supply” the statement further clarified.

In response to speculation about potential supply shortages and price increases, the refinery challenged those sponsoring the rumour to place orders for daily deliveries of up to 40 million litres of PMS and 15 million litres of diesel for the next 90 days.

“To those who believe this misinformation and anticipate a bullish market, we extend a challenge: We invite interested buyers to place immediate orders for up to 40 million litres of PMS daily and 15 million litres of AGO daily, for the next 90 days, with full upfront payment. Should any supposed supply shortage occur, these buyers would be well-positioned to benefit from the predicted market rise,” it added.

The refinery reaffirmed its commitment to transparency and Nigeria’s energy security, urging the public to disregard unfounded rumours sponsored by unscrupulous and unpatriotic individuals seeking to undermine the country’s energy independence for their own selfish interests, including the importation of substandard fuels under the false pretext of domestic supply shortages.

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Ikeja Electric releases new prepaid meter prices

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Ikeja Electric has released updated prices for prepaid meters, which take effect from August 6, 2025. The revised rates cover both single-phase and three-phase meter types and are inclusive of VAT.

The revised rates were announced on the disco’s official X account on Friday.

The company announced that “MBH Power Ltd’s one-phase costs ₦135,987.50,  while the three-phase costs ₦226,825.00. Turbo Energy Ltd’s one-phase costs ₦145,608.75, while the three-phase costs ₦236,903.13.

“Aries Electric Ltd’s one-phase costs ₦145,125.00, and the three-phase costs ₦258,000.00. Mojec Asset Management Company Ltd’s one-phase costs ₦135,718.75, and the three-phase costs ₦226,825.00.

“Paktim Metering Nig. Ltd, the one-phase meter costs ₦137,600.00, while the three-phase meter costs ₦233,275.00. Holley Metering Ltd’s one-phase meter costs ₦133,854.03, three-phase meter costs ₦219,497.09.

“CIG Metering Assets Nigeria Ltd’s one-phase meter costs ₦150,500.00, New Hampshire Capital Ltd’s one-phase meter costs ₦133,300.00 and the three-phase costs ₦231,125.00.”

The electricity distribution company noted that the prices are “valid subject to meter availability,” adding that the changes are part of its effort to ensure customers have access to up-to-date information on meter procurement.

The company also assured customers that the new pricing reflects the latest approved rates for meter providers under its Meter Asset Provider scheme.

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Global electricity demand to keep growing robustly through 2026 despite economic headwinds – IEA

Renewables are expected to overtake coal as the world’s largest source of electricity as early as 2025 or by 2026 at the latest, depending on weather and fuel price trends.

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Global electricity demand is set to rise by 3.3% in 2025 and 3.7% in 2026 – more than twice as fast as total energy demand growth over the same period, the IEA’s Electricity Mid-Year Update finds.

The new report underscores the increasing demand for electricity to power factories and appliances, keep buildings cool, operate growing fleets of data centres, run electric vehicles and more.

While the latest forecasts for global electricity demand growth this year and next are a deceleration from the 4.4% surge recorded in 2024, they remain well above the 2015-2023 average of 2.6%.

Renewables are expected to overtake coal as the world’s largest source of electricity as early as 2025 or by 2026 at the latest, depending on weather and fuel price trends.

At the same time, nuclear power output is expected to reach record highs, driven by reactor restarts in Japan, robust output in the United States and France, and new additions, mostly in Asia.

The steady increase in gas-fired power generation is set to continue displacing coal and oil in the power sector in many regions.

As a result of these developments, carbon dioxide emissions from electricity generation are currently forecast to plateau in 2025 and record a slight decline in 2026, although weather and economic conditions could affect that trajectory.

“The growth in global electricity demand is set to remain robust through 2026, despite an uncertain economic backdrop,” said Keisuke Sadamori, IEA Director of Energy Markets and Security.

“The strong expansion of renewables and nuclear is steadily reshaping electricity markets in many regions. But this must be matched by greater investment in grids, storage and other sources of flexibility to ensure power systems can meet the growing demand securely and affordably.”

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