PERI-URBANIZATION DEVELOPMENT IN IBADAN: CHALLENGES AND OPPORTUNITIES

Abstract

This study investigates the challenges and opportunities associated with peri-urbanization development in Ibadan, Nigeria, focusing on the experiences of real estate developers. Utilizing a purposive sampling method, a total of 68 developers operating in peri-urban areas were surveyed. The research aims to elucidate the complexities of land use changes, infrastructural demands, and regulatory frameworks in the context of rapid urban expansion. Findings reveal significant challenges faced by developers, notably adverse claims on land ownership, which complicate the acquisition process and hinder project implementation. Additionally, a lack of physical infrastructure—including roads, water supply, and sanitation—was identified as a major impediment to sustainable development. This infrastructural deficit not only affects the viability of new projects but also deters potential investors. Furthermore, the rarity of developments in these areas underscores a critical gap in urban planning, as many developers struggle to find viable projects amidst regulatory uncertainties. Telecommunications facilities also emerged as a significant challenge, with inadequate connectivity limiting business operations and overall development potential. Despite these obstacles, the study highlights several opportunities for growth in peri-urban Ibadan. The availability of land for residential and commercial use, along with the proximity to urban markets, presents favorable conditions for investment and development. In conclusion, while peri-urbanization in Ibadan presents notable challenges, it also offers significant opportunities for real estate development. Addressing infrastructure deficits, streamlining land ownership processes, and enhancing telecommunications services are essential steps toward unlocking the full potential of peri-urban areas. This research contributes to the understanding of peri-urban dynamics in Nigeria and provides insights for policymakers and stakeholders in the real estate sector.