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Why You Should Explore Property Options in Ajah, Lagos State by Dennis Isong

Major projects like the Lekki F⁸ree Trade Zone, the Dangote Refinery, and the proposed Lekki International Airport are also nearby.

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If you’re thinking about buying land or a home in Lagos, Ajah should be on your radar.

It’s one of the few places in Lagos where you can still get good value for money without sacrificing accessibility and modern comforts.

Whether you’re an investor, a first-time buyer, or just looking for a place to call home, Ajah has a lot to offer.

1. Affordable Compared to Other Prime Lagos Areas Buying property in Ikoyi or Victoria Island is like trying to buy a plot on the moon—very expensive.

Even Lekki Phase 1 is getting out of reach for many buyers. But Ajah? Ajah is still relatively affordable. You can get a decent plot of land in Ajah at a fraction of the price of similar land in Lekki. And the best part?

Ajah is growing fast. So, buying now means you’ll enjoy significant appreciation in the coming years.

2. Strategic Location

Ajah sits between the busy Lekki Phase 1 and the fast-growing Ibeju-Lekki. This means you’re close to major business hubs without being stuck in the thick of the congestion.

The area is well-connected by the Lekki-Epe Expressway, making it easy to move around. Whether you work on the Island or have business in Lagos Mainland, Ajah gives you access to both sides without too much hassle.

3. Growing Infrastructure

Ajah is developing rapidly, and property prices are rising. If you buy land or a house now, you’ll likely sell it at a much higher price in a few years.

A few years ago, Ajah was mostly waterlogged and difficult to navigate. But today, things have changed. Roads are being fixed, drainage systems are improving, and there’s better power supply in many parts.

Major projects like the Lekki F⁸ree Trade Zone, the Dangote Refinery, and the proposed Lekki International Airport are also nearby.

These developments will boost property value and make Ajah an even more attractive place to live and invest in.

4. Wide Range of Property Options

Whether you want the land to be built from scratch or a finished apartment, Ajah has something for you. From affordable mini-flats to luxurious duplexes in estates, you’ll find properties that suit your budget and lifestyle.

Many developers in Ajah offer flexible payment plans, making it easier for buyers to own property without breaking the bank. If you can’t pay all at once, installment plans are often available.

5. Perfect for Family Living If you have a family or are planning to start one, Ajah is a great place to consider.

It’s quieter than many parts of Lagos, with less noise and pollution. Many estates in Ajah come with security, good roads, and access to schools, supermarkets, and hospitals.

Schools like Caleb British International School and Green Springs School provide top-quality education, so you don’t have to worry about sending your kids far away for good schooling.

6. A Hub for Business and Investment

Ajah is not just for residential living. If you’re a business-minded person, you’ll love the opportunities here. Shops, supermarkets, hotels, and offices are springing up daily.

With more people moving in, businesses in Ajah are thriving.

If you’re an investor, rental income is promising here. Many people who work in Lekki and Victoria Island prefer to rent in Ajah because it’s more affordable. This makes it a great spot for buy-to-let investments.

7. Estates Everywhere

If security and community living are important to you, you’ll love the estate options in Ajah.

Popular estates like Abraham Adesanya Estate, Crown Estate, and Royal Gardens offer modern living with good security and amenities.

Living in an estate means you don’t have to worry about bad roads, unreliable power supply, or water issues—things that can be a problem in other parts of Lagos.

8. Future Appreciation

Ajah is developing rapidly, and property prices are rising. If you buy land or a house now, you’ll likely sell it at a much higher price in a few years.

With the ongoing expansion of the Lekki-Epe Expressway and the development of new estates and business hubs, property value in Ajah will only go up. If you want to invest in a place with high returns, Ajah is a smart choice.  

How to Get Started with Buying Property in Ajah

If you’re convinced that Ajah is a good place to buy property, the next step is knowing how to go about it. Buying property in Lagos can be tricky if you’re not careful, so here are some tips to guide you:

1. Work with a Trusted Real Estate Agent

Not all land or houses in Ajah are genuine. Some properties have issues like land disputes, double allocation, or fake documents.

That’s why you need a reliable real estate expert who knows the area well. An experienced agent will help you find the right property, verify the ownership, and guide you through the buying process.

2. Do a Proper Land Search

Before paying for any land or house, make sure you check its legal status. Visit the Lagos State Land Bureau to confirm if the land has proper documentation and isn’t under government acquisition.

For houses, ensure the title documents (Certificate of Occupancy, Governor’s Consent, Deed of Assignment, etc.) are authentic. Don’t rely on what the seller tells you—verify!

3. Consider an Estate Property If you don’t want to stress about land verification and legal issues, buying in a registered estate is a safer option.

Estate developers usually provide proper documentation, making it easier for buyers to secure their investment. Some well-known estates in Ajah include:

●      Abraham Adesanya Estate (Great for family living)

●      Crown Estate (Luxury and comfort)

●      Royal Gardens Estate (Well-planned and secure)

●      Lafiaji Estate (Close to Lekki and affordable) These estates offer good security, steady electricity, and modern facilities, making them a smart choice for both living and investment.

4. Think Long-Term

Ajah is still growing, so don’t just look at its present state—think of the future. If you buy land in an area that looks undeveloped today, it could be worth millions in a few years.

For example, some parts of Ibeju-Lekki, which were once considered too far, are now in high demand because of projects like the Lekki Free Trade Zone and Dangote Refinery.

So, if your budget is small, don’t be afraid to buy in the outskirts of Ajah. Development will catch up soon, and your property value will appreciate.

5. Negotiate and Compare Prices Property prices in Ajah vary depending on location, estate, and seller. Before making a payment, compare prices in different areas.

Don’t just settle for the first option you see—there’s always room for negotiation. A professional real estate agent can help you get the best deal without overpaying.

6. Have a Budget Beyond Just Buying the Property Many people forget that buying property comes with extra costs.

Apart from the purchase price, you may need to budget for: ●      Legal fees (to process your documents) ●      Survey and land registration ●      Development fees (if buying in an estate) ●      Building costs (if you’re buying land to develop later)

Understanding these costs will help you plan better and avoid surprises.

Ajah is one of the few places in Lagos where you can still find affordable property with great future potential.

As development continues, prices will keep rising, and opportunities will become limited. If you’ve been thinking about buying property in Lagos, Ajah is a smart place to invest.

Whether you’re looking for land, a house, or rental property, there’s something for everyone.

But don’t wait too long—the best time to buy property in Ajah is now!  

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Business

China Eyeing Electric Vehicle Manufacturing in Nigeria

In response, Alake acknowledged China’s longstanding support for Nigeria’s economic development, noting that most Chinese companies comply with legal and regulatory frameworks.

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The Chinese Ambassador to Nigeria, Yu Dunhai, has reaffirmed China’s commitment to deepening bilateral cooperation with Nigeria, particularly in the solid minerals sector, through the establishment of electric vehicle (EV) factories and increased industrial collaboration.

Ambassador Dunhai disclosed this yesterday during a courtesy visit to the Minister of Solid Minerals Development, Dele Alake.

Ambassador Dunhai emphasised the strategic importance of Nigeria in China’s foreign policy.

“Nigeria is a great country blessed with tremendous natural resources. Chinese companies are already deeply involved in Nigeria’s mining sector, from exploration to processing.

“We aim to deepen this collaboration, especially in line with President Tinubu’s eight priority areas, notably economic diversification through solid minerals,” he said.

Ambassador Dunhai recalled the recent high-level engagement between President Bola Tinubu and President Xi Jinping during the Nigerian leader’s state visit to China.

In response, Alake acknowledged China’s longstanding support for Nigeria’s economic development, noting that most Chinese companies comply with legal and regulatory frameworks.

However, he expressed concern over the activities of a few operators tarnishing China’s image, referencing a recent viral video involving a Chinese national allegedly bribing local security officials.

“We’ve taken action against illegal operators, including some Chinese nationals. While isolated, such incidents undermine the good work of many compliant Chinese firms. We need your cooperation in ensuring that such culprits are brought to justice,” the minister stated.

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BREAKING: Goodnews, as Nigeria’s inflation rate nosedives to 23.7%

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Nigeria’s inflation dropped to 23.7 percent in April, from 24.23 percent in March 2025.

The National Bureau of Statistics, NBS, disclosed this in its April Consumer Price Index and inflation data released on Thursday.

The figure showed that Nigeria’s inflation cooled off by 1.86 percent on a month-on-month basis.

Similarly, the food inflation rate in April stood at 21.26 percent.

“In April 2025, the headline inflation rate eased to 23.71 percent relative to the March 2025 headline inflation rate of 24.23 percent.

“The MoM headline inflation rate in April 2025 was 1.86 percent.

The food inflation rate was 21.26 percent (YoY),” NBS wrote on its X account on Thursday.

The latest CPI data comes ahead of the Central Bank of Nigeria’s Monetary Policy Committee meeting slated for May 19 and 20, 2025.

Recall that Nigeria’s inflation rose to 24.23 percent in March for the first time after CPI rebase in January 2025.

In February, the CBN MPC paused interest rate hikes after inflation dropped.

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Lagos Attracts $200m Investment from Abu Dhabi -Ambrose-Medebem

The investment is also aimed at boosting ICT innovation and healthcare facilities.

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Lagos State Government said it has attracted over $200 million in partnership deal with the Abu Dhabi Ports aimed at developing critical infrastructure and logistics within the Lekki corridor.

The investment is also aimed at boosting ICT innovation and healthcare facilities.

The State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, said this during the ongoing ministerial press briefing to mark the 2nd year in office of the second term of the State Governor, Mr Babajide Sanwo-Olu at Alausa, Ikeja.

The State government recently held a roundtable investment forum as part of measures to boost its economy.

The Commissioner revealed that, “As a result of the Lagos Investment Roundtable, numerous Expressions of Interest from local and foreign investors are under active discussion.”

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