Nigeria Land Prices on the Rise in May 2025

In Nigeria, the real estate market is witnessing a notable increase in land prices across various cities as we head into May 2025. Lagos, the commercial hub of the country, continues to lead the way with escalating land prices driven by high demand and limited supply.

The booming tech industry in cities like Abuja and Port Harcourt is also contributing to the surge in land prices. As more tech companies set up offices in these regions, the demand for commercial and residential land is soaring. Additionally, the government’s infrastructure developments and urban renewal projects are further propelling the real estate market in major cities.

In Abuja, the capital city, land prices are steadily rising, especially in prime locations close to government offices and diplomatic enclaves. Investors are keen on securing land in these areas for future developments or resale opportunities.

Similarly, Port Harcourt, known for its oil and gas industry, is experiencing an uptick in land prices as the sector rebounds and stimulates economic growth in the region. Land parcels suitable for industrial purposes are in high demand, fueling the price appreciation.

Overall, Nigeria’s land prices are expected to continue their upward trajectory in the coming months as the economy rebounds and investor confidence grows. Whether for residential, commercial, or industrial purposes, prospective buyers and investors are advised to act swiftly to secure land at current prices before further escalation.

[An aerial view of Lagos, Nigeria’s bustling skyline showcases a mix of high-rise buildings, construction sites, and sprawling urban landscapes. The image captures the vibrant growth and development taking place in the city, emphasizing the dynamic real estate market in Nigeria. The futuristic skyline symbolizes the potential for lucrative investments in the country’s booming property sector.]