The Best Locations to Buy Farmland in Nigeria for Long-Term Profit
Introduction
Nigeria’s agriculture sector is resurging as investors seek alternative income sources beyond real estate and forex. Buying farmland is becoming one of the smartest long-term plays — offering capital appreciation, food production income, and export opportunities.
This guide highlights the best states to buy farmland in Nigeria in 2025 for maximum long-term profit — based on soil fertility, climate, land price, security, and market access.
Why Invest in Farmland in 2025?
Land appreciation: Farmland in strategic areas has seen 100–300% increase over the past 5 years.
Food demand: Nigeria’s population (over 220 million) continues to drive up demand for food and agro-commodities.
Export earnings: Cocoa, cashew, cassava, ginger, and oil palm are key foreign exchange crops.
Low entry barrier: Farmland is more affordable than urban real estate and requires minimal infrastructure to get started.
Top 6 Best Locations to Buy Farmland in Nigeria (2025)
1. Oyo State (Ibadan, Iseyin, Ogbomosho, Saki)
Why Oyo? Fertile land, good rainfall, proximity to Lagos, expanding agribusiness activity.
Crops: Cassava, maize, cocoa, yam, cashew, vegetables.
Land Price Range: ₦250,000 – ₦800,000 per acre.
2. Ogun State (Abeokuta, Ilaro, Owode, Imeko-Afon)
Why Ogun? Close to Lagos, good road access, rising agro-clusters.
Crops: Cassava, vegetables, oil palm, plantain.
Land Price Range: ₦300,000 – ₦1.2 million per acre.
3. Osun State (Ejigbo, Iwo, Gbongan)
Why Osun? Abundant water sources, cocoa belts, growing interest in agro-processing.
Crops: Cocoa, maize, banana, ginger.
Land Price Range: ₦200,000 – ₦600,000 per acre.
4. Ekiti State (Ikere, Ado-Ekiti, Ise, Emure)
Why Ekiti? Underrated but agriculturally rich, peaceful environment.
Crops: Cocoa, cassava, yam, rice.
Land Price Range: ₦200,000 – ₦500,000 per acre.
5. Nasarawa State (Keffi, Lafia, Awe)
Why Nasarawa? Near Abuja, fertile plains, FCT food supply link.
Crops: Rice, maize, soybeans, sesame seed.
Land Price Range: ₦100,000 – ₦400,000 per acre.
6. Benue State (Makurdi, Gboko, Otukpo)
Why Benue? Known as Nigeria’s “Food Basket”, large land mass, high-yield potential.
Crops: Tomatoes, yam, rice, citrus, groundnut.
Land Price Range: ₦150,000 – ₦450,000 per acre.
What to Look for When Buying Farmland
Title/Documentation: Preferably registered survey, C of O, or purchase agreement.
Soil Quality: Avoid swampy or excessively rocky areas unless for aquaculture.
Access Roads: Ensure the farm is motorable for input supply and harvest evacuation.
Water Sources: Stream or borehole access is vital for year-round farming.
Proximity to Market: Reduces logistics cost and spoilage for perishable crops.
Types of Farmland Investors
Passive Investors: Buy land, lease it or hand over to farm managers.
Commercial Growers: Run structured agribusiness operations.
Agro-Exporters: Grow and process cash crops for export (e.g., cashew, sesame).
Farm Estate Buyers: Buy land in managed estates with shared services.
Profit Potential: Example ROI Scenarios
Cassava Farming in Oyo (2 Acres)
Initial Cost: ₦700,000
Gross Revenue (18 months): ₦1.5 million
Profit After Cost: ₦500,000+ per cycleCashew Plantation in Osun (5 Acres)
Initial Cost: ₦2 million
Year 3–4 Annual Revenue: ₦1 million+
Long-term value: Trees can yield for 25 years
Final Thoughts
Farmland in Nigeria is no longer just for subsistence farmers — it’s a growing asset class for investors looking for stable, inflation-proof, and long-term returns. The key is to buy in fertile, strategic locations with clear documentation and growth potential.
Need help acquiring verified farmland in Nigeria? We offer affordable, documented farmland in top agricultural zones, including optional farm management services. Book a free consultation today to explore available plots.
