The Lagos Life Ibeju-Lekki Land is a full plot near the refinery, and the fastest grower. The full plot costs ₦4,000,000 and grows 4% a week, compounding. There is a 20% chance the omo-onile demand ₦400,000 when you buy.
Compare all five plots on the Lagos Life land page, or weigh land against a business.
| Plot | Full plot |
|---|---|
| Price | ₦4,000,000 |
| Growth | 4% a week |
| Omo-onile chance | 20% |
| Omo-onile fee | ₦400,000 |
| Sale fee | 5% |
| Break-even | 2 weeks |
Lagos Life Ibeju-Lekki Land Value Over Time
| After | Value | Sale after fee | Profit |
|---|---|---|---|
| 1 week | ₦4,160,000 | ₦3,952,000 | -₦48,000 |
| 4 weeks | ₦4,679,434 | ₦4,445,463 | ₦445,463 |
| 8 weeks | ₦5,474,276 | ₦5,200,562 | ₦1,200,562 |
| 12 weeks | ₦6,404,129 | ₦6,083,922 | ₦2,083,922 |
| 26 weeks | ₦11,089,879 | ₦10,535,385 | ₦6,535,385 |
| 52 weeks | ₦30,746,355 | ₦29,209,037 | ₦25,209,037 |
Value grows once every real week. Selling costs 5% of the value, so the plot needs 2 weeks just to cover the fee.
Lagos Life Ibeju-Lekki Land and the Omo-Onile
When you buy, there is a 20% chance the local land owners turn up for "foundation money": ₦400,000, 10% of the price. If they do, break-even moves from 2 to 4 weeks.
Is the Lagos Life Ibeju-Lekki Land Worth It?
After a year it is worth about ₦30,746,355. Land needs no work and no daily login, but it pays nothing until you sell, while a business pays every day. More options in how to make money in Lagos Life.
Lagos Life Ibeju-Lekki Land FAQ
How much is Ibeju-Lekki land?
₦4,000,000 for a full plot.
How fast does Ibeju-Lekki land grow?
4% a week, compounding, worth ₦6,404,129 after 12 weeks.
When should I sell?
Not before week 2, when the sale fee is covered.