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Looking retrospectively to that year , Ibeju Lekki land purchases initially appeared advantageous, fueled by speculation surrounding the Dangote Refinery and related infrastructure plans. At the time , prices were relatively lower than they are today , with parcels of land fetching anywhere from five hundred thousand Naira to two million Naira . However, situations such as governmental changes and occasional slowdowns in development have impacted the advancement of the area. Today, similar land commonly sells for between three million and ten million Naira , illustrating a notable appreciation in its general value despite a few hurdles .
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