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Is It Safe to Invest in Lagos Real Estate? Here’s What You Must Know by Dennis Isong
“Na bush you go buy?”
In 2018, Chinedu bought a plot of land in Ibeju-Lekki for ₦600,000. At the time, his friends laughed.
“Na bush you go buy?” they teased. Even Chinedu had doubts, especially after struggling to locate the land twice.
But he had a gut feeling and decided to take the risk.Fast forward to 2024, Chinedu got a call from a developer building around the Lekki Free Trade Zone. They were interested in acquiring his plot.
The offer? ₦8.5 million. He thought it was a joke—until the cheque cleared.“I almost sold that land two years ago for ₦1.2 million because I was broke,” he told me, shaking his head with a smile.
“But something told me to wait.”Today, that same bush has a tarred road, power poles, and new buildings sprouting like mushrooms.
The value keeps rising, and Chinedu is already scouting for his next plot—this time in Epe.
His only regret?“I wish I bought three plots instead of one.”
That’s Lagos real estate for you. It looks like nothing at first—but if you play your cards right, it could be the best decision of your life.
Let’s not beat around the bush—Lagos real estate is hot cake.
Everyone seems to be talking about it, whispering about one land deal in Epe or a smart investment in Ibeju-Lekki.
The conversations are endless, and so are the questions. But the one that keeps bouncing from one corner of the room to another is this:Is it really safe to invest in Lagos real estate?Well, short answer? Yes.But let’s not stop at “yes.”
This is Lagos. Nothing is ever that simple. Before you pull out your wallet or empty your savings app, you need to know a few things that the billboards won’t tell you.
First, Why Is Everyone Rushing to Invest in Lagos Real Estate?
If Lagos were a person, it would be that loud, fast-talking cousin who always seems to have money flowing from one hustle or the other. Lagos is not just a city—it’s a mood, a movement, a madness that somehow makes financial sense.
It’s the commercial heartbeat of Nigeria. And where the heart beats, money flows.
From tech bros in Yaba to deep-pocket oil boys in Lekki, everyone is looking for where to park their money, and land is the new bank.
Real estate in Lagos has become the golden goose for the smart investor. And why not? Land here doesn’t sleep—it appreciates, sometimes with the arrogance of a billionaire who knows he can’t fail.
But Wait—Is It Safe?
Now, this is where it gets interesting. Lagos isn’t Disneyland. It’s not all shiny buildings and smiling agents. The truth is, there are landmines in the system—some figurative, some legal, and some spiritual (ask anyone who’s ever mistakenly bought “Omonile land”).
Yet, thousands of people are making solid money from it. Some have even become landlords from buying land they never visited. How is this possible? It all comes down to how you invest, where you invest, and who you’re dealing with.
The Shaky Past, The Bright Future
Let’s be honest: Lagos has had its fair share of land drama. The tales are plenty—fake documents, family land disputes, sudden demolitions. These stories are scary, yes, but they’re not the full picture.
Over the years, the Lagos real estate sector has matured, especially with government regulations, better documentation processes, and real estate firms who are finally doing things the right way.
This is not 1997 when you could buy land and discover later that the “agent” was actually a carpenter with a borrowed suit.
Today, with a bit of caution and proper due diligence, you can invest in Lagos real estate and sleep well at night—like a baby who just signed a deed of assignment.Lagos Is Expanding—And That’s a Clue.
Image: Barter trade
Akpabuyo Local Government Area in Cross River State has reopened its centuries-old barter market, a unique trade hub in West Africa, as part of activities marking the council’s 34th anniversary.
The celebration, held at the council headquarters, brought together residents, traditional leaders, and political figures who hailed the return of peace to the area.
They described it as the foundation for Akpabuyo’s renewed economic prospects.
Former Peoples Democratic Party’s (PDP) Deputy Governorship candidate, Dr. Emana Duke Ambrose-Amawhe, said the reopening of the barter market was a landmark development, crediting Governor Senator Prince Bassey Otu for restoring stability in the community.
Since His Excellency came into power, he put all measures in place to ensure calm and peace.
Today, people can sleep in their houses with their eyes closed, and that is why you see this turnout from far and near,” she said.
Dr. Ambrose-Amawhe highlighted Akpabuyo’s natural maritime position, bordered by rivers, Bakassi, and the Atlantic Ocean.
He emphasised that the government investment in dredging, deep-sea port projects, and marine preservation will reinforce its role in trade and agriculture.
“With the pace of growth, Akpabuyo will contribute even more to the economic advancement of Cross River State and Nigeria. More jobs will mean more stability for our people,” she added.
Council Chairman, Hon. Effiom Bassey Effiong, said hosting the first official anniversary of Akpabuyo’s creation was a privilege, noting that the event was made possible by improved security.
“The place is calm and safe. We have Marine Police, the Navy, the Army, the Airforce, and our local vigilantes. Investors from China and other countries are already showing interest; some have even acquired land to build a university and industries,” he said.
Hon. Effiong also revealed plans to remodel the barter market into a world-class commercial hub to attract more investors and cross-border traders from Cameroon and beyond.
News
INTERPOL arrests 1,209 cybercriminals, recovers $97.4m
Nigeria was one of 18 African countries, alongside the United Kingdom, that took part in the operations.
The International Criminal Police Organisation (INTERPOL)’s enforcement agencies across Africa arrested 1,209 major cybercriminals and recovered USD 97.4 million.
INTERPOL Secretary General Valdecy Urquiza, gave the statistics during the 27th INTERPOL African Regional Conference in Cape Town, South Africa.
He explained that the operation, code-named Serengeti 2.0 and coordinated by INTERPOL between June and August 2025, targeted high-impact cybercrimes including ransomware, business email compromise (BEC), and online investment scams. “
The report said that Nigeria was one of 18 African countries, alongside the United Kingdom, that took part in the operation.
The wider African operation dismantled 11,432 malicious infrastructures, ranging from command-and-control servers to fraudulent domains.
In Angola authorities shut down 25 illegal cryptocurrency mining centres operated by 60 Chinese nationals who were unlawfully validating blockchain transactions to generate digital currency.
The crackdown also led to the seizure of 45 unauthorised power stations and mining equipment valued at over USD 37 million.”
News
Nigerian Passport Now N100,000, N200,000 from Sept 1
Applicants abroad will continue to pay $150 for a 32-page, five-year passport and $230 for a 64-page, ten-year passport.
The Nigeria Immigration Service (NIS) announced that the fee for a 32-page passport with five-year validity will rise to N100,000, while a 64-page passport with ten-year validity will cost N200,00.
The new rates take effect from September 1, 2025.
NIS, in a a statement posted on its X handle yesterday, by the Service Public Relations Officer, Akinsola Akinlabi, said that the adjustment is aimed at sustaining the quality and integrity of the Nigerian passport while ensuring efficient service delivery
The revised charges apply only to passport applications processed within Nigeria.
Before now, the 32-page Passport with five-year validity cost N50,000 after it was increased from N35,000.
Also, the 64-page passport with a 10-year, was N100,000 after being initially increased from N70, 000.
However, passport application fees for Nigerians in the diaspora remain unchanged.
Applicants abroad will continue to pay $150 for a 32-page, five-year passport and $230 for a 64-page, ten-year passport.
C’River’s community revives barter market
INTERPOL arrests 1,209 cybercriminals, recovers $97.4m
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