300sqm, 500sqm 1000sqm land along Lekki-Epe Expressway, Ibeju Lekki, Lagos
Abomti Government Resettlement Scheme, Lekki-Epe Expressway, Ibeju Lekki, Lagos State
₦22.00
Investment Brief: MegaOne Lagos
Location: Abomiti Government Resettlement Scheme, Lekki-Epe Expressway, Ibeju-Lekki.
Legal Title: Certificate of Occupancy (C of O).
Status: Unencumbered; free from government acquisition and adverse claims.
Asset Classes & Plot Sizes
Residential Plots: 300sqm and 500sqm.
Commercial Plots: 1,000sqm (optimized for high-density development).
Infrastructure & Macro-Economic Drivers (2026 Data)
The Ibeju-Lekki corridor is the primary focus of the Lagos State Development Plan (LSDP 2052). Investment in Abomiti is supported by the following surrounding infrastructure:
1. Transport & Connectivity
Lekki-Epe Expressway Expansion: Ongoing reconstruction into a 6-lane rigid pavement reinforced concrete road. This project improves transit efficiency between the Epe regional hub and the Ibeju-Lekki industrial zone.
Proposed Lekki International Airport: Located within a 15–20 minute radius of the Abomiti axis. Development of this hub is expected to catalyze demand for hospitality, logistics, and residential services.
Lagos-Calabar Coastal Highway: The proximity to this 700km project provides a strategic link to the South-South region, enhancing the value of commercial plots for logistics and haulage firms.
2. Industrial & Commercial Landmarks
Dangote Refinery & Petrochemical Complex: As the world’s largest single-train refinery, it continues to drive a massive influx of corporate employees and ancillary businesses into the region.
Lekki Deep Sea Port: Currently operational and scaling capacity, creating high demand for "last-mile" logistics sites and middle-management housing.
Alaro City: A nearby 2,000-hectare integrated satellite city, which serves as a benchmark for property appreciation in the immediate vicinity.
3. Power & Utilities
Ibeju-Lekki 132KV/33KV Substation: A 2026 priority project by the Lagos State Government and the Transmission Company of Nigeria (TCN) aimed at delivering stable grid power to the corridor, reducing "off-grid" operational costs for investors.
Investment Thesis
The Abomiti Government Resettlement Scheme offers a unique entry point for investors because it is a government-allocated scheme. This provides a higher level of security compared to traditional "ancestral" land (Omonile), as the layout is pre-planned by the New Towns Development Authority (NTDA).
Capital Appreciation: Ibeju-Lekki land values have historically seen a 25–40% year-on-year growth. With the airport project entering its next phase in 2026, land in resettlement schemes is projected to outpace the market average.
Commercial Utility: The 1,000sqm commercial plots are positioned to serve the growing "Abijo Food & Logistics Hub" ecosystem, making them ideal for warehouses, retail plazas, or corporate guest houses.
The Abomiti/Ibeju-Lekki corridor is currently categorized as a Frontier Investment Zone. While Lekki Phase 1 and 2 have reached price maturity, Abomiti is in the "Early Growth" phase.
Price Benchmark (Ibeju-Lekki Axis)
Location | Title Status | Avg. Price (500sqm) | % YoY Growth |
Abomiti (Subject) | C of O / Govt Allocation | ₦15M – ₦30M | 25% |
Eleko / Idera | C of O / Govt Allocation | ₦35M – ₦50M | 30% |
Alaro City (Adjacent) | C of O | ₦75M – ₦120M | 15% (Mature) |
Eleranigbe | Excision / Survey | ₦10M – ₦20M | 20% |
Strategic Findings for Investors
Title Premium: Lands in Abomiti carry a Government Allocation status. This eliminates "Omonile" interference and significantly reduces the risk of future government acquisition, which is a common risk in nearby untitled areas (e.g., portions of Eleranigbe).
Industrial Proximity: Abomiti is positioned between the Lekki International Airport site and the Lekki Free Trade Zone. In 2026, the industrial demand from the Dangote Refinery has pushed satellite residential demand northward toward the expressway, placing Abomiti in the direct line of capital flow.
Liquidity: 500sqm residential plots in this area currently have the highest resale liquidity, as they represent the "entry-level" luxury bracket for middle-management workers in the FTZ.
3. Infrastructure Updates (Q1 2026)
Lekki-Epe Expressway: The rigid pavement reconstruction has reached advanced stages, improving travel time to Abomiti by roughly 30% compared to 2024.
The Airport Factor: With the Lagos State Government finalizing partnership agreements for the Lekki International Airport (2026 update), lands within this resettlement scheme have seen a baseline value increase of 15% in the last 6 months.