A young man shared a video of a woman who said she invested N1.5m into a land 15 years ago, and it is now worth N90m
Voices in the video’s background were amazed by what the woman said as she added that she still had the purchase receipt as proof
Many people who reacted to the video said the value of N1.5m over a decade ago was more compared to the present time…..CONTINUE READING
A young Nigerian man (@festussamuel068) shared a video of a woman who said she bought a piece of land for N1.5m 15 years ago.
To show that she was not lying, the woman said she still had the receipt for the purchase. After over a decade, the same land is now valued at N90m.
Investing in land in Nigeria/Great profits in real estate.
The woman said that the land was undeveloped when she bought it.
Investing in land pays off
The woman said it was even farmland she bought then, as she had to put in efforts to clear it by herself.
Many people who reacted to the video said the woman made a wise decision many years ago with the land investment.
The video had the caption:
“The best investment is land.”
Watch the video below:
the best investment is land share and follow this page
As of the time of writing this report, the video has gathered over 150 comments with more than 21,000 likes.
247Updates compiled some of the reactions below:
user 2997 said:
“15 years ago 1.5m. Na rich woman nothing you wan tell me.”
“11 years ago, 1.5 million was 11 thousands dollars, now 1.5 million is only $1.987. see how our money has been disvalued. vote wisely.”
Ezekiel Ovey Embugushiki said:
“My boss bought land 6,000 naira as 30yrs ago but now the land is 55 million but he’s not selling, Was telling me about land investment to follow up.”
“My mom bought a piece of land in Kano about 20years ago for N40k, she sold it 1m recently….”
“My dad bought a land. For 250 thousand when he was 30years Old and now he is 59 and the land is selling for 25m.”