Home » Tag Archives: Lekki Free Trade Zone

Tag Archives: Lekki Free Trade Zone

12 Reasons You Should Move To Ibeju Lekki Now!

Ibeju Lekki

Success is not final, failure is not fatal; it is the courage to continue that counts. Success they say have many friends. One of the determinants of success is the number of investments accrued to a man especially when it comes to investment in properties(real estate). In this piece, I will be dishing out to you 12 viable reasons why ...

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Lagos to demolish illegal structures within Lekki Free Zone

Lagos to demolish illegal structures within Lekki Free Zone

According to Vanguard, LAGOS State Government said it will soon start demolishing all illegal structures on land within the Lekki Free Zone (LFZ). The state’s Commissioner for Commerce, Industry and Co-operatives, Prince Rotimi Ogunleye, said in a statement that private estate developers and land grabbers have illegally encroached on the land and are to face the wrath of the law. ...

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LFTZ: Catalyst for real estate market, urban growth

LFTZ: Catalyst for real estate market, urban growth

The United Nations projects that Nigeria’s population will cross the 250 million mark by 2030. An estimated 10th of this figure will live and work in Lagos in an estimated area of 356,861 hectares of which 75,755 are wetlands. To the Lekki Free Zone (LFTZ), this presents development opportunities for real estate developers. Through the LFTZ, the host communities are ...

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Ambode commissions Ajah, Abule-Egba flyovers

Ambode commissions Ajah, Abule-Egba flyovers

“Lagos State governor, Akinwunmi Ambode, yesterday commissioned the two newly-built bridges in Ajah and Abule-Egba, stating that it would not only help reduce travel time but also boost economic activities within the corridors.”- The Guardian. Ambode noted that in the quest to build a globally competitive city-state, one strategic emphasis of his administration has been to improve connectivity in the ...

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Dangote refinery, free trade zone lift Lagos real estate

Dangote refinery, free trade zone lift Lagos real estate

According to The Guardian, on-going public and private sector synergy leading to the development of Dangote Refinery Project and Lagos Free Trade Zone (FTZ) have been received by the real estate community last week with mixed feelings, with the leadership of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) decrying the non-involvement of members in the investment opportunities along ...

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FG To Withdraw 20% Equity In Lekki Free Trade Zone

Lekki Free Trade Zone

The Federal Government has disclosed plans to withdraw its 20 percent equity holding in the Lekki Deep Sea port development, which is aimed at developing Lekki Free trade Zone in Lagos State. The Federal Government holds 20 percent equity in the project, representing, $118 million; the Lagos State Government, holds 18.5 percent, while the Tolaram Group of Singapore has 61.5 percent. ...

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5 Mega Construction Projects To Look Out For In 2016

Though the Goodluck Jonathan Administration was characterized by a massive case of widespread corruption, the rise of mega construction projects was also its hallmark. This article highlights 5 mega construction projects to look out for or possibly monitor closely this year. These projects are expected to re-define our landscape. There are some ongoing mega construction projects in Nigeria which when ...

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Adekunle Gold becomes an ‘official landlord’ in Lekki

adekunle gold landlord

Popular ‘orente’ crooner, Adekunle Gold, is the latest landlord in town. The singer took to Instagram to announce the latest feat. You will remember that the artiste who is signed to Olamide-led YBNL records, beat artistes like Olamide, Patoranking and Kiss Daniel and was announced winner of the 2015 ‘Beat Of Lagos’ award. The reward for that feat was a Plot ...

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Lekki Communities Say NO to 4th Mainland Bridge Project

Worried that the Lagos authorities may take over a large chunk of its landed property without adequate compensation, Lekki communities have urged the State government to look elsewhere in attempt to construct the proposed Lagos 4th Mainland Bridge in the metropolis. They say that other developmental projects, like the Lekki Free Trade Zone (LFTZ) have robbed them of their land ...

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