Ultimate Guide to Land Banking in Nigeria—How to Secure Your Future. 2025 UPDATE!

"If I had bought that land back then..."

How many times have you heard someone say this?

I’ve lost count.

A few weeks ago, I had a conversation with an old friend. The guy was lamenting. In 2016, someone offered him 5 acres of land for peanuts—?400k per acre.

He ignored. "Abeg, wetin I wan use bush do?"

Fast forward to 2024, that same land is now selling for ?12 million per acre.

I could hear the regret in his voice. But truth be told, na the same mistake plenty people dey make daily.

You see a plot of land for ?1 million today, you ignore. Next year, it turns ?2.5 million, and you say, "Ah, e don cost."

Two years later, that same land is selling for ?6 million, and you’re still pricing it.

If this sounds familiar, then you’re about to learn the real secrets of land banking—why it’s one of the easiest, most proven ways to build generational wealth and how you can tap into it before e go too late again.

What is Land Banking? (And Why You Should Care)

Land banking is the strategic purchase of land in a developing area, with the intent to hold and resell later for a higher price.

It’s not a new concept, but the sad reality is that most people overlook it. Instead, they prefer to:

? Keep money in the bank where inflation will humble them. ? Buy liabilities that won’t increase in value. ? Wait for the "perfect time" (which never comes).

Meanwhile, those who bought land in the right locations are cashing out BIG TIME.

Let’s put things into perspective:

?? In 2010, a plot of land in Ibeju-Lekki was going for ?350k. Today? That same area is selling for ?25 million+.

?? Epe in 2017? You could get land for ?500k per plot. Now? ?10 million in some areas.

?? Even Ogun State wey people dey call "far" has locations selling at Ikoyi-level prices today.

This is why land banking is one of the most guaranteed ways to build wealth.

But wait—before you rush and go buy land, you need to understand how to do it the right way.

How to Invest in Land Banking the Smart Way

Not all land is a good investment. You don’t want to buy a piece of land and realize it’s inside a flood zone or government acquisition area.

Here’s the right way to invest in land banking:

1. Buy in a Developing Area (Not Where Everybody Has Already Bought)

If you’re waiting to buy land in places that are already fully developed, you’re late.

The trick is to go where the government or big businesses are heading.

?? When Lekki was still sand and bush, smart investors bought land. Now? Lekki Phase 1 properties are going for ?400 million+.

?? When companies like Dangote Refinery moved to Ibeju-Lekki, land that was once ignored became a goldmine.

?? When Lagos announced the new airport project in Epe, land in surrounding areas skyrocketed overnight.

Lesson: Don't wait for the crowd before you buy. By then, the price will be crying for you.

2. Only Buy Land with Proper Documentation

This one DEY VERY IMPORTANT.

Never buy a land because it’s cheap without checking:

? C of O (Certificate of Occupancy) ? Governor’s Consent ? Excision ? Registered Survey

If the land doesn’t have clear documentation, you may be throwing your money into Omo Onile wahala.

3. Buy Multiple Plots If You Can

One plot is great, but two or more plots can set you up for life.

Imagine you bought two acres in 2017 for ?2 million, and now each plot is ?10 million. That’s ?60 million from a ?2 million investment.

The math is simple: Buy small, hold tight, sell big.

4. Hold for At Least 3–5 Years

This is not crypto or Ponzi scheme. Land banking requires patience.

The best returns come from land that has been held for a minimum of 3 to 5 years. If you’re patient enough, you can see returns of 500% or more.

The Best Land Investment Opportunities in Nigeria Right Now

If you’re serious about land banking, I have prime land investments across Nigeria ranging from ?500k to ?40M, with titles like C of O.

? You want low-risk, high-return land investments? I’ve got you. ? You want real estate investments that can give you 30–50% ROI in 12 months? No wahala. ? You need houses, off-plan homes, or commercial properties? I have the best options.

The best time to buy land was yesterday. The next best time? TODAY.

Let’s talk—don’t be the one saying, "I for buy that land."

?? Connect with me: Instagram: @thecommissioneroflagos Twitter: @nelsonchinons12 Facebook: Chinonso Nelson LinkedIn: Chinonso Nelson WhatsApp: Chat with me

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