Dem Say Land Is Finished in Ibeju-Lekki — True or Just Market Gbege?
If you’ve been listening to street gist or sipping real estate tea lately, you must have heard it: “Land Is Finished in Ibeju-Lekki” or “Land for Ibeju-Lekki don finish o!”
But before you start lamenting like someone that missed Bitcoin at $10, let’s calm down and break this thing properly.
Is land in Ibeju-Lekki really finished? Or is it just market gbas gbos to confuse buyers? Let’s find out.
1. Why People Are Saying Land Is Finished in Ibeju-Lekki
First of all, understand that Ibeju-Lekki is hot cake.
Thanks to the Dangote Refinery, Lekki Deep Sea Port, Free Trade Zone, and proposed airport, everybody and their uncle wants to own land there.
Now, with demand higher than a Danfo driver’s horn on Third Mainland Bridge, rumors started flying that all the prime plots have been sold.
But here’s the koko: land is NOT finished — good land is just getting scarce, and the prices? Omo, dem dey climb like NEPA pole!
2. The Real Truth About Ibeju-Lekki Land Availability
Commercial Hubs vs Residential Areas:
Close to the refinery, Deep Sea Port, and FTZ, lands have been massively acquired for industrial and commercial use. That’s why it feels like land don finish.
Emerging Communities:
Areas like Eleko, Awoyaya, *Eleranigbe, Ode-Omi*, Ogunfayo, and Lakowe still have plots selling — but na who ready go slightly “inside” go enjoy better deal.
Title Issues and Documentation Wahala:
Some lands are available, but because of family disputes, Omo Onile drama, or lack of proper titles (e.g., C of O, Gazette), they are off the mainstream market.
Speculative Buying:
Many people are hoarding land like gold for future resale. So the scarcity you’re hearing is partly “artificial scarcity” — market strategy 101!
3. What This Means for Buyers in 2025
Prices Are Increasing Rapidly:
Don’t expect 2017 prices. As development continues, affordability is shifting towards payment plans rather than outright purchase.
Due Diligence Is More Important Than Ever:
Check land titles, survey plans, and developer credibility like you’re inspecting suya at night.
Don’t Wait Until It’s “Officially” Finished:
If you’re waiting for a government announcement that land has finished, you’ll just be clapping for others who bought theirs early.
4. Tips If You Still Want to Invest in Ibeju-Lekki
Target Secondary Hotspots:
Focus on areas around Ibeju-Agbe, Okun-Ise, and Okegelu where infrastructure is extending.
Use Trusted Realtors and Developers:
Don’t follow “my uncle’s brother’s friend” that will sell you land on Snapchat. Get legit
Think Long Term
Buy land now for future developments. Even farmland today fit be mini-estate tomorrow.
Negotiate Smartly:
Always do background checks and negotiate with sense. The “urgent sales” you see everywhere? Some are real. Some are scams in agbada.
Conclusion: Land Never Finish, Na You Dey Delay
Ibeju-Lekki is like that big pot of jollof rice at owambe — if you delay, you go chop last, and you go manage small small rice with no meat.
Land is available — but smart buyers are moving fast and moving smart.
Instead of waiting for “perfect” conditions or listening to every rumor flying around, this is the time to act with sense.
Every smart real estate investor knows that wealth is built by buying when others are doubting, not when everybody is rushing.
Focus on verified locations, work with trusted developers, and secure your piece of tomorrow today.
Remember, even Lekki Phase 1 that’s now luxury started somewhere small too.
No allow story that touch catch you for future.
Make your move now don’t sleep on it because Ibeju-Lekki still get better plans for sharp investors like you!
