Skip to main content

WHY IBEJU LEKKI


WHY IS IBEJU-LEKKI, THE FASTEST GROWING CITY IN LAGOS?




Ibeju-Lekki is a local government area in the Epe Division of Lagos StateNigeria. The administrative centre was formally at Akodo and was later moved to Igando Oloja due to the creation of Lekki Council Development Area. The name of the Local government was derived from two autonomous communities, Ibeju and Lekki.
The area also attracts massive amount of tourism as it is endowed with beautiful lagoon and gorgeous ocean fronts.
The development in the area is rapid and ongoing, some would even refer to the area as the New Lagos. in fact the commercial Hub of Lagos state is shifting towards the area with many investment been done to develop industries and infrastructures.

Dangote multi Billion Dollar Refinery: The Chairman, Dangote Group, Alhaji Aliko Dangote, had in 2013 disclosed plans to build a 400,000-barrel-per-day crude oil refinery in Ibeju Lekki and subsequently awarded the contract to an Indian company, Engineers India Limited.
Notwithstanding the presence of other companies in the area, such as Raffle Oil LFTZ Enterprises, Obat Oil, Progress Marine Limited, a shipping company that has also bought hundreds of hectares of land in the area for its tank farm development, Eko Resort and a few others, the proposed refinery is expected to signal the commencement of the multi-billion naira investment in the zone. Although preliminary work, including clearing of the site, has barely begun, the prices of land in the areas surrounding the Lekki Free Trade Zone have gone up by over 300 per cent

Lekki Free Trade Zone: The Master Plan of Lekki Free Trade Zone (“Lekki FTZ”) covers a total area of about 30 square kms with 27 square kms for urban construction purposes, which would accommodate a total resident population of 120,000.
As per the Master Plan, Lekki FTZ will be developed and turned into a new modern city with integration of industries, commerce & business, real estate development, warehousing & logistics, tourism & entertainment etc.
Lekki Deep Seaport: the development of Lekki Deep Seaport (Phase I) that is estimated to gulp about $1.5 billion. When completed, the port would relieve the pressure on the Apapa and Tin-Can Island ports and would also support business activities at the Lekki Free Trade Zone.
The construction of the port is expected to last for about four years and more than 10,000 jobs are projected to be created directly and indirectly during the construction period while more than 169,000 jobs would be generated directly and indirectly when it becomes fully operational, according to government sources.

Lekki-Epe International Airport: The state government has commenced works on the development of the Lekki-Epe International Airport to transport services in the state. The State Government has successfully obtained the site approval for the airport from the Federal Ministry of Aviation and has also completed the master plan of the 3,500 hectares of land earmarked for the project.
“The Lekki-Epe International Airport is designed to handle about five million passengers annually with provision for a modular terminal for future expansion. Preliminary works on the airport project have commenced with the clearing of 150 hectares (runway), 4.5km of the access road and 9km of perimeter road.


Pan Atlantic University: Pan-Atlantic University is a private, non-profit educational institution in Lagos, Nigeria. The university had its origin as the Lagos Business School (LBS), established in 1991. The federal government approved the university as Pan-African University in 2002, and the LBS became its first school. In May 2013 its name was changed to Pan-Atlantic University, in order to avoid confusion with the Pan-African University of the African Union.[1] The Ajah Campus was completed in 2003 and in 2010 work began on the Ibeju-Lekki campus.


Lakowe Lakes Golf and Country Estate: Lakowe Lakes Golf and Country Estate is an exclusive 308-hectare residential development set within a scenic countryside around an 18-hole world-class golf course. The estate provides premium plots to house residences – detached and town homes, and corporate lodges. It will include requisite amenities, such as a clubhouse, halfway house, golf academy, and recreation center amongst others, all complete with first class infrastructure. Additionally, the estate offers an array of lakes, of which the spectacular 55-hectare man-made lake is the main feature.

Investment in the Ibeju Lekki axis of Lagos State including the Lekki Free Trade Zone will create over 300,000 direct / indirect jobs in the next three years. The direct consequence will be huge pressure on existing infrastructure and a surge in demand for housing at all levels; and the available and proposed housing stock in the area is unlikely to meet the anticipated demand.

Our company currently have lands in several estates to offer prospective homeowners and investors and advised early investment to maximize return on investment (ROI).With the actualization of the blueprint, Ibeju Lekki would become a central hub for businesses, manufacturing, warehousing and logistics.

AN OPPORTUNITY OF A LIFE TIME MUST BE HARNESSED WITHIN THE LIFE SPAN OF THAT OPPORTUNITY; THAT IS WHERE SPEED COMES IN!!!
WANT TO REALLY BUILD WEALTH?


Comments

Popular posts from this blog

Guide-Learn About Real Estate

Real estate investment is a great opportunity to earn profits and generate a cash flow. There is a slight difference between real estate investment and other types of investment. Real estate investment can be categorized as a long-term investment or short-term investment. Good real estate investor has ability to invest in real estate at right time. Real estate investment requires proper knowledge and concentration to invest in good piece of land. Sometimes heavy investment gives wrong results in the future and sometimes with a small investment you can earn more. Investors should be alert at the time of investment in real estate. If you're going to rent your property you should have sufficient knowledge about tenant problems and requirements of tenants. You should be aware of all financial as well as legal requirements for your real estate. Investment goals are the primary factor for real estate investment. Decide your investment goals like what you want to do with your re...

Why Real Estate is The Safest Investment Option In Nigeria

It takes money to make money . Someone once told me to forget about building wealth if I wasn’t willing to take the risk of investing in long-term ventures. They are typically two types of investments: long-term investments and short-term investments. Each option comes with its benefits and the level of risk involved. Typically the economy you find yourself in determines the sort of business you should invest in. Nigeria, for instance, is an emerging, middle-income, mixed economy with rapidly expanding manufacturing, financial, service, communications, technology, entertainment and real-estate sectors. Although fairly stable, the Nigerian economy is immensely influenced by its political stability and transference of power. Each political tenor typically comes with new policies and in most cases hinders the furtherance of the past tenor’s developments. In a country that typically operates like this, investing in real estate is one of the few safe investment options that har...

Varied Options To Explore

Real Estate Investment Options Explored There are many investment options available to those who are considering real estate as a thoughtful method of maintaining the longer term income and profits. And why on earth shouldn't you consider these options? This can be a lucrative proposition, that millionaires all over the world will agree, to create a massive fortune quickly. However, real estate investing could be a very risky venture therefore your necessity of having some more stable ways of bringing in money in order to establish a truly diverse portfolio plus a better security structure for your financial future is imperative. Even within the massive world of real estate investment you will be able to find different ways of investing and each one of them will bear different risks level. So let's explore some of them. Commercial Real Estate Investment: Commercial real estate investment is an effective place to begin due to the fact that it would be relatively se...