With inflation on the rise, the naira playing catch-up, and the economy in flux, many investors are asking: Is land investment in Nigeria still worth it?
The short answer? Yes. But it depends on where, what, and how.
Let us unravel this.
Land Is Still Nigeria’s Strongest Wealth Preserver
Despite economic turbulence, land remains one of the most stable assets in Nigeria. Why? Because no matter what happens, demand for real estate is growing, not declining.
According to the Nigerian Bureau of Statistics (NBS), Nigeria’s population will surpass 230 million by 2025, with over 70% of urban dwellers seeking housing or land to build. That demand isn’t slowing down; it is intensifying.
Add that to the World Bank’s 2024 report, which shows real estate contributing 6.8% to Nigeria’s GDP, and it’s clear: land isn’t just a commodity. It’s a strategic hedge.
But Not All Land Is Profitable Anymore
Here is the truth most marketers won’t say: Buying just any land does not guarantee returns. Location, title, development blueprint, and timing all matter more than ever.
For example, Ibeju-Lekki has seen a 400% price appreciation in the last 7 years, largely due to the Lekki Deep Sea Port, Dangote Refinery, and Free Trade Zone. In contrast, some outskirt areas without infrastructure or planned government presence remain stagnant.
What Smart Investors Are Doing in 2025
- Buying into infrastructure zones: Smart money is flowing where government and private investment align; think Lekki-Epe, Epe, Abuja’s new corridors, and even parts of Ogun state close to Lagos’ border.
- Prioritizing clean titles & development-ready plots: No one wants to buy trouble. Investors are now choosing land with a C of O, government allocation, or registered survey, knowing that legal clarity = resale value.
- Focusing on long-term plays: Land banking is back. Many are buying and holding for 3–5 years with planned exits riding on Nigeria’s rapid urbanization.
So, is land still profitable in Nigeria?
Absolutely, but only if you play it right. In 2025, land investment in Nigeria will no longer be just about buying cheap and waiting. It’s about buying smart, buying right, and buying with a plan.
At Urban Living Development, that is exactly what we help you do.
Final Word?
If your land does not have a story, a strategy, and a future, it’s not an investment. It’s just sand.