
Frankly Business Podcast · 2026-07-11 · 1h 27m
Every year, thousands of Nigerians lose millions of naira to real estate scams, fake land documents, government acquisition issues, Omo-onile disputes, and costly mistakes that could have been avoided. In this episode of Frankly Business, real estate expert Folajomi Ibrahim shares a practical guide to buying land and property in Nigeria the right way. From understanding a Deed of Assignment, Certificate of Occupancy (C of O), and government acquisition, to avoiding fake family claims, conducting due diligence, choosing the right professionals, and calculating construction costs, this conversation is packed with insights that could save you years of stress and millions of naira. Whether you’re buying your first plot of land, investing in Lagos real estate, building a home, or simply trying to understand how property ownership works in Nigeria, this is an episode you shouldn’t miss. In this episode, you’ll learn: Why a receipt does NOT prove you own land. The documents you must verify before buying property. How to avoid Omo-onile and land scams. What government acquisition really means. Why every buyer needs a surveyor, property lawyer, and qualified realtor.