Vanguard reports that the ancient Ikate Elegushi Kingdom has launched an Imperial City Promo project, which would give hard working Nigerians the chance to own a plot of land worth N42m in one of the high brow areas of Lagos State.
According to Vanguard, the Imperial International Business City (IIBC), which is the first self-sustaining eco-friendly smart business city in Africa is the brainchild of Oba Saheed Elegushi and Channeldrill Resources Limited who are the joint developers of the project. The promo is expected to produce seven land winners every week till December 29 and many other consolation prices in cash.
Vanguard reports that while the CEO of Channeldrill Resources Limited, Mr Femi Akioye was explaining the objectives of the project, he stated that the Imperial City Promo “is a special Corporate Social Responsibility and awareness campaign, which is the first of its kind in Africa.”
Mr Akioye explained further that the promo is borne out of the “vision to make the IIBC an all inclusive project where those we refer to as the average Nigerian can aspire to and obtain a piece of land for the future.
“We want those on minimum wage, the working class men and women, your hardworking social worker, civil servants, teachers and all other citizens who have been putting in their fair share into commonwealth to be part of this future we talk about.
“For the very affordable fee of N500, you can become a part of the future by buying a raffle ticket for our special draws, which has been approved by the Lagos State Lotteries Board.
“The present administration of Lagos State, Governor Akinwunmi Ambode, has proven to all that good things still happens during recession and that all you need to do is determination and Grace of God,” he said.
The 200 hectares of land project is expected to help solve perennial housing deficit problem in Lagos, world class hospitals to be managed by global hospital brands with air ambulance, Golf course, a cloud enabled security monitoring centre, 24/7 electricity, so residents won’t have to buy power generating sets.
It is also expected to consist of 30 per cent residential area, 10 per cent commercial residential area, 30 per cent business district.
Ten per cent leisure and entertainment, 20 per cent infrastructure, road, recreation and green park and fibre optics telecommunications. Sewage and fire service station are also mapped out in the Elegushi imperial city project.