Land banking is the practice of buying land when it's still cheap, often in areas people overlook, then holding it as development catches up. Over time, what looked like "bush" becomes the next estate, the next expressway, the next commercial expansion. And the person who bought early becomes the one everyone now calls "smart," "lucky," or "connected." But it wasn't luck; it was foresight.

As a Nigerian youth, you can tap into land banking by starting small and thinking strategically. Look for affordable plots in emerging areas on the outskirts of major cities. With as little as N300-500K, you can still get a plot at the outskirts of most hinterland states in Nigeria. The key is identifying locations with clear development potential.

Pay attention to road networks, existing infrastructure like electricity poles or water pipelines signal that government attention is coming. Check proximity to adjoining streets where people are already building, as development spreads outward from established areas. Government project announcements like new airports, industrial hubs, or housing schemes are golden indicators of future value.

Start by saving consistently to afford your first plot, even if it's a small parcel. Join cooperative societies or land investment groups to pool resources and access better deals. Verify ownership through proper documentation at the land registry to avoid future disputes. Be patient, as land appreciation takes time, typically three to seven years.

While you wait, the land requires minimal maintenance compared to other investments. In fact, instaed of leaving the land idle, you can start a crop farming activity on it. This is another source of income for you, even as the land appreciates in value.

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