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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?”

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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.

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JUST IN: Kano Commissioner For Transportation Resigns Over Drug Allegations

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The Kano State Commissioner for Transportation, Ibrahim Namadi has resigned from his position following an allegation of his involvement in the controversial bail of a suspected drug baron, Sulaiman Danwawu.

According to reports, his resignation is coming just hours after the governor of the state, Abba Yusuf received the report of an investigative committee set up to probe his involvement in the deal.

‎In a statement signed by the Governor’s spokesperson, Sunusi Bature, the Commissioner explained that his decision to resign was made in the overriding public interest and in the light of sensitive nature of the matter.‎

The Governor while accepting the resignation letter stressed the need for all political appointees to always reason with caution on sensitive matters and obtain permission from the higher authority anytime they are about to engage themselves on issues of public interest.‎‎

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BREAKING: MKO Abiola’s wife, Doyin Dies at 82

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Dr. Doyin Abiola, the first woman to become Managing Director and Editor-in-Chief of a national daily in Nigeria, has died.

She passed away at 9:15pm on Tuesday, August 5, family sources confirmed.

She was 82.

Doyin, the widow of the late business mogul and politician Chief MKO Abiola, was a media powerhouse in her own right long before her name became linked to Nigeria’s most iconic democratic martyr.

She began her journalism journey in 1969 at the Daily Sketch, where her popular column “Tiro” tackled major societal issues including gender advocacy at a time when few dared.

In 1970, she left for the United States, bagged a master’s degree in journalism, and returned home to join Daily Times as a Features Writer.

There, she rose to become Group Features Editor, and later secured a PhD in Communications and Political Science from New York in 1979.

On her return, she served on the Daily Times editorial board, where she worked alongside greats like Dele Giwa, Stanley Macebuh, and Amma Ogan.

But history would come calling when the National Concord, owned by MKO Abiola, appointed her as its pioneer daily editor.

She eventually became Managing Director and Editor-in-Chief in 1986, becoming the first Nigerian woman to hold such a top role at a national daily.

Her career at the National Concord spanned three decades, and she remained a towering figure in Nigeria’s media landscape.

Dr. Doyin Abiola and MKO Abiola got married in 1981, and she stood firm through the highs of journalism and the political storms that trailed her husband’s June 12 presidential mandate.

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LASG Orders Residents of Flooding Communities in Lekki, Ikorodu, Isheri, Ajegunle to ‘Move Now’

He reassured residents in other parts of Lagos such as Epe, Mushin, and Ikeja, which he described as generally safe.

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The Lagos State Government has issued a fresh warning to residents living in low-lying areas across Lekki, Ikorodu, and Ajegunle to relocate immediately to higher ground, as more flooding is expected due to intensified rainfall this season.

The State’s Commissioner for Environment and Water Resources, Tokunbo Wahab, gave the order during an appearance on Channels Television’s Politics Today on Tuesday.

The warning comes after parts of the state were severely flooded on Monday following marathon rainfall that began Sunday night and continued through the next day. Viral videos

He advised the affected communities to act now to avoid avoidable disasters as the rains intensify.

“Those around the Ajilete axis of Lagos, that’s Ajegunle, have to move,” Wahab said. “Those around the coastline of Ikorodu; Majidun, have to move. Some areas around the Lekki corridor too — not all.”

Wahab specifically mentioned Isheri in the OPIC area as another flood-prone location where residents should be on high alert.

He reassured residents in other parts of Lagos such as Epe, Mushin, and Ikeja, which he described as generally safe.

The warning comes after parts of the state were severely flooded on Monday following marathon rainfall that began Sunday night and continued through the next day. Viral videos

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