Showing posts with label November 27. Show all posts
Showing posts with label November 27. Show all posts

UNDERSTANDING LAND SIZES I have observed that most people don’t know the terms and standard sizes used to measure land in Nigeria. For instance, a land owner might say “I have 3plots of land in Sango Otta”, but has no idea of the precise land size. This puts him at serious risk of having some part of his land encroached on. I believe therefore that it’s important for people to be educated in this regard and familiarise themselves with the different terms used in land measurement as well as their actual sizes. The first hurdle therefore is to understand the system of land measurement in Nigeria. In Nigeria today, Land is measured in *Hectares*, *Acres*, *Meters* and *Feet*. Let’s start by asking; *”What is the size of a standard plot in Nigeria?”* According to the Oxford dictionary meaning of a plot: *’A plot is a marked out piece of Land for the purpose of building or farming’*. The word ‘plot’ is therefore a term used to describe a land division carved out for property development. The size of a plot can vary for different reasons but according to Nigeria’s land division, the appropriate plot size for a house construction is *60feet × 120feet* which can accommodate a standard house with a small compound. To better understand land divisions used in Nigeria, different units of area are used as follows: *HECTARE* A hectare is one of the least known units of measurement and one which potential buyers and even estate consultants seem to find difficulty remembering It is a land measuring: 👉🏿100metres x 100metres *OR* 👉🏿328feet x 328feet *OR* 👉🏿10,000 square metres *OR* 👉🏿Two and a half acres *OR* 👉🏿15 plots. *ACRE* An Acre is a standard unit of measurement used by Land sellers and it is almost equivalent to the size of a standard football field. An Acre is a product of any rectangular piece of land measuring a total of: 👉🏿4,046square metres *OR* 👉🏿43,560 square feet *OR* 👉🏿6 plots (each measuring 60feet x 120feet) *PLOT* In Lagos State, the standard size of a plot is 60feet x 120feet *OR* (18metres x 36metres i.e. 648 square metres), while in some other cities of the country, plots are measured in 50feet x 100feet. *DR. B.A. OYENEYIN M.B.CH.B., A.C.S., A.C.S.I.(UK)* Medical doctor, Associate Chartered Stockbroker, Certified Financial / Investment Analyst.


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