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  • Writer's pictureAbdulgafar Asimi

What you need to know about Ibeju-Lekki

Ibeju-Lekki is a local government area of Lekki, Lagos State, Nigeria. The administrative centre was formerly at Akodo and was later moved to Igando Oloja due to the creation of Lekki Council Development Area (LCDA). The name of the Local government was derived from two autonomous communities, Ibeju and Lekki

The development in the area is rapid and ongoing, some even refer to the area as the new Lagos. The commercial center of Lagos state seems to be shifting gradually towards the area with much effort being put into developing industries and infrastructure.

Ibeju-lekki is one of the LGAs for planned Lekki City. With the actualization of the blueprint, Ibeju Lekki is expected to become a central hub for business, manufacturing, warehousing and logistics. Forecasts have been made about an increase in commercial activities in the area as a result of these developments which will create thousands of jobs and make the area a major business location in the country.

Attractiveness

Most people see Ibeju Lekki area as an out sketch part of Lagos. The below attractive infrastructures make it the NEW LAGOS

The New International Airport

The 4th Mainland bridge

The Sangotedo Shoprite

The Pan Atlantic University, Eleko

The LA Campaign Tropic Resort

The Free Trade Zone

The International Deep Sea Port

The Lakowe Golf

The Omu Resort, Bogije

The Dangote Refinery

Notable Schools

  1. Albesta Academy

  2. Greenspring Schools, Awoyaya

  3. The Livingspring Schools

  4. Lead Forte Schools, Awoyaya

  5. Learning Fortress International Schools, Eputu

  6. Edidot Schools, Abijo

  7. Corona Schools Abijo

  8. The Muslim Pride, Oribanwa

  9. Attwool Schools, Awoyaya

Notable Companies

Hotels

Notable Estates

Investment Opportunities

Ibeju-Lekki is a large local government area, starting just after Sangotedo and extending all the way to Epe (see Google map).

Ibeju-Lekki can hardly be described as a suburb of Lagos these days, as its exterior parts are already fully developed and integrated into the Lekki and Ajah area of Lagos. As the Lekki Expressway is being widened into a 6 lane express further down, residential and commercial developments follow correspondingly. These developments also come with an astronomical rise in the cost of property. Also, as gated estates with modern infrastructure seem to be the norm in Lagos, several of these are sprouting all around the Lekki area and also following the pace of development into Ibeju Lekki. Areas such as Abijo, Lakowe, and Awoyaya now have several estates, with the cost of properties in them steadily increasing annually.

However, these parts of Ibeju-Lekki are not the point of focus with regards to the expected industrialization. Most of the industrial developments are taking place along the Lekki Free Trade Zone road, off Eleko Junction along the Lekki – Epe Expressway (see Google map). This place is approximately a 1 hour drive from Ajah, and the traffic duration is expected to increase as commercial activities increase further down the Lekki – Express.

The value of Residential land around the are is from 1m – 35million depending on the location and title documents. While that of Commercial Land is from 25million to 50million also based on location and title document… Click to see list of land for sale

Typical property prices:

  1. Flats: ₦250k – ₦700,000 (rent). ₦8million – ₦20million (sales)

  2. Bungalows: ₦500,000 – ₦1million (rent) ; ₦15million – 30million (sales)

  3. Duplex: ₦800,000 – 2million (rent); ₦20million – ₦45million (sales)

  4. Land: ₦500,000 – 5million (rent) ; ₦1.5million – 45million

Buying properties has become easier as the developers are using the opportunities to build luxury apartments in the area … Click here to see available sales properties

We can assist you in acquiring properties in Ibeju Lekki and other parts of Lagos state. Please contact us on asgafglobalconcepts@gmail.com or call +2349098628043 if you are interested.

Also, if you are an estate developer with properties up for sale or rent, you can get in touch with us and we’ll pay you a visit, make an objective review of the property, create a virtual tour and write an article about it.

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