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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Tag Archives: LFTZ
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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