Buying Land in Nigeria: Why It Might Not Be the Ultimate Flex
For years, I believed purchasing land in Nigeria was a foolproof way to build wealth. But as I grow older, I’ve noticed many landowners still struggle with cash flow, while some small-business owners cover their expenses easily. Owning an asset isn’t the same as creating value. A car only pays off if it generates returns. A shop that never opens won’t turn a profit. Even farmland needs manpower, funding and a clear plan to yield a harvest. I recently read an article by a former real estate professional who moved into agriculture. He argues that well-designed systems produce more wealth than passive assets. This perspective challenged my assumptions. What do you think—does owning land in Nigeria still count as a flex?
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