A Nigerian man has sparked conversations online after sharing how a land seller allegedly increased the price of a plot after already collecting a deposit and reaching an agreement.
According to the man, the transaction happened sometime last year when he was helping a friend based in the United Kingdom purchase a quarter plot of land for ₦4.5 million.
He explained that both parties discussed the terms extensively before he paid a deposit to secure the property and prevent it from being sold to another buyer.
The man said the agreement was that the balance would be paid after a few weeks once the remaining funds became available.
He added that the seller accepted the deposit happily and even offered prayers for him and his friend after receiving the money.
Seller reportedly changed price after weeks
However, the situation allegedly changed when he later returned with the balance payment.
According to his account, the seller suddenly began explaining how the economy and rising land values had affected the original agreement.
“He said land around that area has increased. That people are now offering higher amounts,” the man recounted.
He stated that he reminded the seller that they had already agreed on the ₦4.5 million price before the deposit was paid.
The man claimed the seller then responded with a shocking statement.
“My brother, agreement before inflation no be agreement again,” he quoted the landowner as saying.
Price allegedly increased by nearly ₦2 million
The man said he initially thought the seller was joking, only to later realise the increase was serious.
According to him, the landowner allegedly raised the price by almost ₦2 million despite already collecting a deposit for the property.
Expressing frustration over the incident, he questioned the fairness of changing the agreed price after part payment had already been made.
He also argued that the seller would likely not have accepted excuses about inflation if the situation were reversed and he requested a refund after completing payment.
