15/05/2026
The fact that some people have seen the past yet still struggle to predict the future usually amazes me.
I once took a man in his 60s to inspect a site around the Atan Ota axis.
While we were on our way, he started telling me stories about how Ikotun was in the 90s.
According to him, Ikotun was mostly bush back then. He said many people avoided buying land there because they felt nothing meaningful would ever develop from the area.
Then he said something interesting.
He mentioned that today, to rent a decent 2 bedroom apartment in Ikotun, you may need close to ₦2M per annum.
I was listening carefully because, unknowingly, the man was already teaching the exact lesson many people fail to understand.
But the shocking part came when we finally got to the site.
Immediately he saw the environment, he said he didn’t like the place because it was too bushy and not developed to his taste.
At that moment, I just smiled quietly.
The same history he used to explain how Ikotun transformed over time was the same lesson he refused to apply to the future standing right in front of him.
That’s one major problem many people have with land investment.
Everybody wants to buy in a place that is already developed, already expensive, already crowded, and already validated by others.
Very few people have the patience, foresight, and courage to enter when a place still looks uncomfortable and uncertain.
To make it worse, some people are not even realistic with their budgets.
You cannot carry ₦2M and expect to get prime land close to the main road in already developed locations and still expect massive future appreciation.
Most people admire successful land investors today, but they forget those people bought when others were complaining:
“It’s too far.”
“There’s nothing there.”
“It’s too bushy.”
The future usually rewards people who can see beyond the present condition of a location.
For any Real Estate consultation, reach out to me 🤝🏾