#Lekki-Epe corridor investment

[sureland-realtors]

Introducing Zylus Prime City – Eleran Igbe, Lekki-Epe Expressway

[adebenhomestead]

Reasons why average lagosian/Nigerians should consider buying landed properties in EPE 🤔

Reasons why average lagosian/Nigerians should consider buying landed properties in EPE 🤔

Statistically Lagos was ranked the 4th most populous and wealthiest city in Africa and was recently said to be the most expensive real estate location to build in Africa according to punch https://www.google.com/amp/s/punchng.com/lagos-now-africas-most-expensive-real-estate-location/%3famp

And in Lagos state , LOCATION with the most appreciation rate Is the LEKKI-EPE corridor starting form the most expensive location in Nigeria (Victoria island and ikoyi) down to (lekki phase 1 🚘lekki peninsular 🚘 Chevron 🚘 AJah 🚘 Sangotedo 🚘 Abijio 🚘 Awoyaya 🚘Lakwe 🚘gbojige🚘 ibeju lekki 🚘epe) all connected through the lekki-epe express way.

You won't believe that the majority of population of expats,celebrity,politicians that mostly resides in lekki island would need to drive through several kilometers and suffer through traffic to commute to and from the muritala international airport at ikeja which is always frustrating and congested most times just because we have only one international airport in Lagos😴😴

But guess what😋? the Govt found a way to decongest the Ikeja airport and have decided to provide a solution to masses living along the LEKKI - EPE corridor by approving and accepting the commencement of a long term project that has been abandoned long ago. It was announced during the 2022 eyingbeti Lagos state summit to start the building of the SECOND INTERNATIONAL AIRPORT this year 2023 which is strategically located in between EPE and IBEJU LEKKI which will not only benefit masses within the area but also people living in Ogun state (ijebu ode to be precise )

Not only do we have airport in epe corridor, we also have 6 notable universities in epe 👇 🕳Augustine university ilara epe 🕳Lagos state university epe campus 🕳mater ecclesiae college igbodu epe 🕳pan Atlantic university 🕳Lagos state university of education( odo -mala)epe 🕳yabatech epe campus ( odo iragushi epe) e.t.c

Apart from the atmosphere the airport is going to generate upon the completion , Epe set to have one of the best road network in Lagos state 😬😬 and don't forget that epe share close proximity with ibeju LEKKI where we have 👇 🕳Dangote refinery 🕳LEKKI deep seaport 🕳LEKKI free trade zone🕳 ALARO city e.t.c

We also have some notable development in epe like the 👇👇

🕳THE LAGOS FIRM CITY 🕳EPE RESORT AND SPA 🕳AFRICA'S LARGEST FOOD LOGISTICS PARK ketu epe 🕳ISIMI LAGOS tech valley(a plot is selling at a very lucrative price 50m upward) the estate is made for high class individual 😬 not just an estate e.t.c

Many people even call EPE axis THE REAL ESTATE GOLDMINE for land banking lol 😂 and that's basically the truth , looking at how that area has become center of attraction for government and private investors especially the real estate companies

So why middle class lagosians should consider accumulating properties in epe is this :

🕳 epe is the only location in LEKKI axis you can easily accumulate landed properties because they are still affordable with shikini money 😀 not everybody have 1billion to buy property in ikoyi or 70million to buy property in ajah 🤔 🕳 As mentioned earlier, epe has one of the best road network in Lagos and the rate at which people are moving to acquire space in that axis is becoming alarming

🕳 epe has a good topography compare to other axis in LEKKI -epe corridor

🕳epe has a master plan on it own in which some areas have been designated for ultra modern development in the future

🕳 young individuals considering to build in the future either for residential or commercial purpose can easily take advantage of affordable price before epe becomes unaffordable

And lastly investors that really want to make High returns on investment can take advantage of the affordable prices and sell at higher Price in the future or periodically in which some smart investors are doing already

NOTE: not all property is worth buying in this area which is while you must do your due diligence and work with someone that has your best interest which is what we do @Adeben homestead property 📌

If you wish to secure your plot in the location call NEW LAGOS you can reach out to us on 08133117093 or on all social media platform and we will successfully guide you through a safe and profitable real estate investment https://www.linkedin.com/posts/adebayo-benjamen-290295219_realestateadvisor-realestateconsultant-lagosrealestate-activity-7019593408063127552-n90R?utm_source=share&utm_medium=member_android

[lavory-booking]

Visionary Garden City is an ultra modern project which is positioned to guaranty you maximum high returns on your real estate investment. This estate is located in a fast developing neighborhood surrounded with several companies and educational institution at the lekki-Epe Corridor. Location: *Ketu- Epe, Lagos* Title: *Registered Survey(C of O in Progress)* Size: *500sqm* Topography: *Dry Land* Actual Price *N 2.5M* *PROMO PRICE: N1.5M* *Initial Deposit: N150,000* Special ROI Offer: *EARN 20% RENTAL INCOME YEARLY* *NEIGHBORHOOD* * Alaro City * Ejirin Waterside * Isimi lagos Estate * Yaba Tech, Epe * Epe Resort and Spa * St. Augustine University Promo Offer Valid Till:*13th of May, 2022* What are you waiting for? Hurry & Grab this offer. Call / What'sapp - 08035346032 (at Epe, Lagos State) https://www.instagram.com/p/CdL6ExPPNuG/?igshid=NGJjMDIxMWI=

[olubunmilajidepropertiesltd]

𝗔𝗚𝗥𝗢𝗟𝗔𝗡𝗗𝗩𝗘𝗦𝗧 𝟰.𝟬 𝗩𝗜𝗦𝗜𝗢𝗡𝗔𝗥𝗬 𝗚𝗔𝗥𝗗𝗘𝗡 𝗖𝗜𝗧𝗬 𝗘𝗣𝗘 Is the Ultra Modern and luxurious City that offers you rest of mind, comfort and rejuvenate your spirit, as it is close to various lagoons but highly above Sea level and completely dry land. Visionary Garden City is situated at Ketu-Epe one of the communities on the Lekki-Epe corridor. Ketu-Epe has the best of locations on this corridor connecting Epe-Lekki to Ikorodu, Ikeja and other parts of Lagos while also linking Epe-Lekki to the popular Ijebu Ode connecting to other Western and Eastern roads in Nigeria. Epe is a town and local government area in Lagos state, Nigeria located on the north side of the Lekki-Lagoon, about 90km from Ibadan and also have road connections to Ijebu-Ode and Ikorodu.It is rapidly becoming Lagos fastest growing investment corridor and has stirred many residents in Lagos to pick Epe as their choice of residence. LANDMARK Dangote refinery Alaro city Lagos free-trade zone New Lagos airport Michael Otedola college of education Augustine University FACILITIES Good drainage Good road 24/security with CCTV 24hrs power supply PRICE 𝗢𝗨𝗧𝗥𝗜𝗚𝗛𝗧 𝗣𝗔𝗬𝗠𝗘𝗡𝗧 N1 Million - 500 sqm (full plot) N600,000 - 300 sqm (half plot) N300,000 - 150 sqm With 20% Rental Income 𝗙𝗨𝗟𝗟 𝗣𝗟𝗢𝗧 𝗜𝗡𝗦𝗧𝗔𝗟𝗟𝗠𝗘𝗡𝗧 N1.2 Million with 20% yearly ROI N200,000 per month - 6 months plan N100,000 per month - 12 months plan 𝗛𝗔𝗟𝗙 𝗣𝗟𝗢𝗧 𝗜𝗡𝗦𝗧𝗔𝗟𝗟𝗠𝗘𝗡𝗧 N720,000 with 20% yearly rental income N120,000 per month - 6 months plan N60,000 per month - 12 months plan 𝟭𝟱𝟬 𝗦𝗤𝗠 𝗜𝗡𝗦𝗧𝗔𝗟𝗟𝗠𝗘𝗡𝗧 N360,000 with 20% yearly rental income N72,000 per month - 6 months plan N36,000 - 12 months plan https://flapcoop.com/?ref=558/agro-land-vest/ or call 𝟬𝟴𝟬𝟱𝟱𝟵𝟭𝟮𝟬𝟴𝟳 for more information. (at Magodo GRA Phase 1) https://www.instagram.com/p/CWVs7zMI5r4/?utm_medium=tumblr

[ajibaba2020]

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*What You Don't Know About The Regional Road Lekki and its Economic Effect no Ambiance Heights* Do you know that? - Ambiance Heights is strategically located just off the regional road which is off the Freedom Way in Lekki. - The regional road remains strategic to addressing the infrastructural need of the Lekki sub-region, as the state’s new economic centre. - Upon completion in the next 24 months, the regional road which construction has already started will connect the Lekki-Epe expressway at *Victoria Garden City (VGC)* junction to the Freedom Way Lekki. - The regional road is also expected to set grounds for the construction of the proposed Fourth Mainland Bridge? - The regional road, which according to the Lagos State’s Governor during its flag off is a manifestation of his administration’s commitment towards improving socio-economic activities in the Lekki-Epe region through the provision of supporting infrastructure, would not only change the entire landscape of Eti Osa and improve journey time for commuters but also boost the efficiency of government’s traffic management strategy. - The regional road is a major contributing factor to the high level of capital appreciation of properties within the Lekki corridor where Ambiance Heights is strategically located. *_Now that you know this_* Don't miss out of this great investment opportunity, invest into the Ambiance Heights off plan sales of 2 & 3 bedroom maisonette duplex with bq at very affordable pocket friendly prises. *ESTATE FEATURES:* 24/7 Power supply | 24/7Advanced Security | Water supply | Modern Elevators | Kids playground | Swimming pool | Gym | Smart Homes Features | a room BQ | Drivers Lounge | Home automation *Available units:* 2 Bedroom Maisonette + BQ - N70,000,000 3 Bedroom Maisonette + BQ - N80,000,000 With initial deposits as low as N10,000,000, payment periods could extend for as long as 18months! *Title: Governor’s Consent* *LANDMARKS/NEIGHBOURHOOD* - Dome Church - VFS Global Visa Application Centre - Periwinkle Lifestyle Estate - Purple Lekki Shopping Mall - Women Technology Empowerment Centre - Blue Water Academy - Richmond P Contact: 07066245751 (at Tollgate Lekki-Epe Expressway) https://www.instagram.com/p/CUx1cyvjB-8/?utm_medium=tumblr

[therealestatedoctor]

👉🏿 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗗𝗼𝗻'𝘁 𝗞𝗻𝗼𝘄 𝗔𝗯𝗼𝘂𝘁 𝗧𝗵𝗲 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗥𝗼𝗮𝗱 𝗟𝗲𝗸𝗸𝗶 𝗮𝗻𝗱 𝗶𝘁𝘀 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗘𝗳𝗳𝗲𝗰𝘁 𝗼𝗻 𝗔𝗺𝗯𝗶𝗮𝗻𝗰𝗲 𝗛𝗲𝗶𝗴𝗵𝘁𝘀 Do you know that ? - Ambiance Heights is strategically located just 70 secs off the regional road which is directly off the Freedom Way in Lekki, Lagos. - The regional road remains strategic to addressing the infrastructural need of the Lekki sub-region, as the state’s new economic centre. - Upon completion, the regional road which construction has already started will connect the Lekki-Epe expressway at Victoria Garden City (VGC) junction to the Freedom Way Lekki. - The regional road is also expected to set grounds for the construction of the proposed 4th Mainland Bridge. - The regional road, which according to the Lagos State’s Governor during its flag off is a manifestation of his administration’s commitment towards improving socio-economic activities in the Lekki-Epe region through the provision of supporting infrastructure, would not only change the entire landscape of Eti Osa and improve journey time for commuters but also boost the efficiency of government’s traffic management strategy. - The regional road is a major contributing factor to the high level of capital appreciation of properties within the Lekki corridor where Ambiance Heights is strategically located. 𝐍𝐨𝐰 𝐭𝐡𝐚𝐭 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐭𝐡𝐢𝐬... Don't miss out of this great investment opportunity, invest into the Ambiance Heights off plan sales of 2 & 3 bedroom maisonette duplex + BQ at very affordable pocket friendly prices. ESTATE FEATURES: 24/7 Power supply | 24/7Advanced Security | Water supply | Modern Elevators | Kids playground | Swimming pool | Gym | Smart Homes Features | a room BQ | Drivers Lounge | Home automation Available units: 2 Bedroom Maisonette + BQ - N70,000,000 3 Bedroom Maisonette + BQ - N80,000,000 With initial deposits as low as ₦10m, payment periods could extend for as long as 18months ! Title: Governor’s Consent LANDMARKS/NEIGHBOURHOOD - Dome Church - VFS Global Visa Application Centre - Periwinkle Lifestyle Estate - Purple Lekki Shopping Mall For more info. ☎️:08066143574 (at Victoria Crest) https://www.instagram.com/p/CUS3zUNotNR/?utm_medium=tumblr

[genskysworld]

*THE WEALTHY PLACE* Do you know that due to the emerging industrial revolution within the Epe-Ibeju-Lekki corridor especially the Lekki free zone, the Lekki deep seaport, the Dangote refinery, a fertilizer plant, petrochemical plant and a sub-sea gas pipeline project, the axis is fast becoming the preferred investment destination across the globe? *Location:* Orofun Town, Ibeju Lekki Lagos, Nigeria. *Title:* Orofun Excision, Block layout and C of O (in view) *Price:* N10 Million Naira Commercial plots *THE WEALTHY PLACE FEATURES.* - Smooth Road Network, - Well-situated drainage, - Gardens & Landscaping, - Bright and Stable Streetlight, - Gated and Tranquil Environ - Genuine Legal Document. *Neighborhood Accessibilities.* ✍ 5 minutes drive after Eleko beach. ✍ 7 minutes drive after Amen Estate. ✍ 1-minute drive before Akodo General Hospital. ✍ 2 minutes drive before Akodo Police College. ✍️6 minutes drive before Lekki Free Trade Zone. ✍️Directly opposite Lekki WorldWide Investment Ltd. It would be nice and rewarding if you are part of this big investment. For more details call/WhatsApp Jonathan on+2348182799277. @jonathanimoh #homelandproperties #nigerianpropertyinfo #nigeriansindiaspora #nigeriansabroadthatwanttobuylandinnigeria https://www.instagram.com/p/CNMH37KMvJj/?igshid=a859h01246o2

[rghhomes]

Hello!!!

Do you know that due to the emerging industrial revolution within the Epe-Ibeju-Lekki corridor especially the Lekki free zone, the Lekki deep seaport, the Dangote refinery, a fertilizer plant, petrochemical plant and a sub-sea gas pipeline project, the axis is fast becoming the preferred investment destination across the globe?* 

It would be nice and rewarding if you are part of this big investment.

 Schedule a Free inspection with us today.

Contact Realtor Charles

 (+2348023122209).

Our Mail:  rghhomesandproperties@gmail.com

You can chat us here 👇

WhatsApp 08023122209

[sureland-realtors]

Lekki Avana Bungalow and Resort – Idera Scheme, Eleko

Invest In a Solar Powered Estate at Idera Eleko, Ibeju Lekki

[kemchutahomeslimited]

*Security, Comfort and tranquility these words exemplify 👉👉Twins City Estate. A development by Kemchuta Homes Limited at KHL we are unapologetic about our resolute spirit of excellence as we are zealous in giving our clients the best properties investment and advisory services.*

👨‍👩‍👦‍👦👨‍👩‍👧‍👦Twins City Estate is our Latest Project, Located at Igbonla, Epe L.G.A with a document Title of Certificate of Occupancy (CofO) in – view. Twins City is an Estate with beautiful layout ⛳⛳and amenities for recreation⛹️‍♂️⛹🏻‍��️. It’s a gated community with adequate security features and functional road layout. Designed to embody a vision of peace, harmony, health and happiness and comfort.

*The Estate will be equipped with facilities like Street light🏗️🏗️💡💡, Good road 🛣️🛣️Network, Drainage system🏝️, Portable water⛲, CCTV📷📷 Surveillance system, Security Gate – House🏘️🏘️ and Recreational centers.🏟️🏟️*

*Landmark and Neighborhood includes Saint Augustine University🏫🏫, Michael Otedola Housing Estate🌆🏙️🌃🏠🏠🏡🏡, Epe Resort🏖️🏖️🏖️ Centre, Lagos Smart City, New International Airport.🏪🏪🛫🛫✈️✈️*

*Twins City Estate is Selling for an affordable promotional price of N1,250,000💵💸💰💳 for 500sqm Plot Size and N800,000 for 300sqm💶💷💵 Plot Size.*

*For your Payment Convenience Kemchuta Homes Limited have also developed a 6 months payment Plan* ⏳⌛

*For Enquiries contact the Front* 📞☎️*Desk:+234 902 342 6940*

*Email:* *Kmechutahomesltd@gmail.com✉️📧📬

Website:* *www.kemchutahomesltd.com*🖥️💻

*Why Invest in Epe*

*Epe is developing and this is the best time to start investing in Epe, Lagos. The Lagos state government has signed MOU in developing Epe and Ibeju Lekki Lagos.*

*You can read an article by searching on google for Lagos inaugurates Epe Master Plan and also Lagos unveils Africa’s largest satellite city in Epe, Lagos*📡📡📡

*Epe, Lekki and its corridors are goldmines for smart real estate investors that are ready to double their investment. You can read this by searching on google for Ambode launches 1,000 Hectares modern satellite city in Epe The government added that the new plan in Epe, Lagos captured farming, tourist sites, airport, and other multi-billion-naira projects.*

*Secondly in the nearest future Ibeju Lekki will be the industrial Corridors of Lagos giving the vast number of industrial developments coming on Ibeju lekki Dangote Refinery Axis which might not be too suitable for residential purposes.*

*So, if you are looking for residential, comfort, hospitality or family friendly investments; Epe is your best bet and more suitable after the hustle and bustle of the day at the Dangote refinery axis, if you looking for a place to rest, Hotels Apartments, schools and the Likes you need to go to Epe, Epe is the right place for such Investment Opportunities.*

Properties at Epe is still very much affordable at the moment. Why not take Advantage today💁‍♀️💁‍♀️💁‍♂️💁‍♂️?????

[jessgony1]

*Invest In Cedarwood Luxury!!!* “An investment is anything that yields *RETURN* ”. “ *RETURN* is a function of the quality, value, & location of your *INVESTMENT* ”. - Cedarwood Luxury is *located* in one the best neighborhood in the Lekki-Epe corridor, sharing fence with two (2) notable estates, CROWN & FARA PARK ESTATES. - *VALUE* is a subject of the factors around a property, such as; high security, functional drainage, good roads, beautiful landscaping etc. - *QUALITY* when you add value and good return together, you get *QUALITY* . All of these you enjoy when you *INVEST* in Cedarwood Luxury. _Call us now_ on 08023053427 or WhatsApp (at Lagos, Nigeria) https://www.instagram.com/p/CGZT-UWpJsr/?igshid=8ib5sr3vqghu

[sunmedglobal]

CAMBERWALL COURT, ABIJO GRA Camberwall Court comprises of blocks of 1, 2 & 3 Bedroom Apartments, Terraces and Bungalows, well designed to give you comfort and functionality. The infrastructures within the estate are top notch. It is located in the only GRA on the Lekki-Epe corridor, an already habited environment. All the roads inside the GRA are tarred with functional drainages. Wouldn't you rather invest now that the price is budget friendly? *LOCATION:* Inside Abijo GRA. About 4 minutes drive from Novare Mall (ShopRite Sangotedo) *NEIGHBORHOODS:* - Chois Gardens Estate - Corona International School - Chalcedony International School - Lekki Pearl Garden - Novare Mall ShopRite - Emperor Estate And many others... *PRICES:* 1 Bedroom Apartment - N13m 2 Bedroom Apartment - N17m 2 Bedroom Penthouse - N25m 3 Bedroom Apartment - N22m 3 Bedroom Terrace With BQ - N29.5m *FULLY FURNISHED:* 2 Bedroom Apartment - N27m 3 Bedroom Apartment - N34m 2 Bedroom Penthouse - N35m *Initial Deposit:* N2.5m *Up To 18 Months Payment Plan!* *TITLE:* C of O For Inspections & Further Inquiries, Call / WhatsApp- 08033885444, 08027294833. sunmedglobal@gmail.com https://www.instagram.com/p/CEYzoRMJb74/?igshid=fshbaonht05j

[elzabethwill]

SWIPE LEFT>>> Camberwall Court comprises of blocks of 1, 2 & 3 Bedroom Apartments, Terraces and Bungalows, well designed to give you comfort and functionality. The infrastructures within the estate are top notch. It is located in the only GRA on the Lekki-Epe corridor, an already habited environment. All the roads inside the GRA are tarred with functional drainages. Wouldn't you rather invest now that the price is budget friendly? ********************************** LOCATION: Inside Abijo GRA. About 4 minutes drive from Novare Mall (ShopRite Sangotedo) ********************************** TITLE: C of O ********************************** *Up To 18 Months Payment Plan!* Initial Deposit: N3m ********************************** INFRASTRUCTURES - Good Road Network - Play Ground - Electricity - 24 hours Security Service - Treated Water - Good Drainage System - And many more ***************************** NEIGHBORHOODS: - Chois Gardens Estate - Corona International School - Chalcedony International School - Lekki Pearl Garden - Novare Mall ShopRite - Emperor Estate And many others... ***************************** PRICES: 1 Bedroom Apartment - N13m 2 Bedroom Apartment - N17m 2 Bedroom Penthouse - N25m 3 Bedroom Apartment - N22m 3 Bedroom Bungalow With BQ - N25.5m (SOLD OUT) 3 Bedroom Terrace With BQ - N29.5m *FULLY FURNISHED:* 2 Bedroom Apartment - N27m 3 Bedroom Apartment - N34m 2 Bedroom Penthouse - N35m For further enquires and Inspection booking , Call 07085084190 #elizabethwill #realestate #home #lagosbuinesswoman #house #propertyforsale #lagosbuinessmen #investor #property #investors #investmentworthit #generationalvalue #estate #estatesalefinds #valueadded #lands #yields #generationalyields (at Abijo Lekki Epe Express Way) https://www.instagram.com/p/CD4WA4pDui8/?igshid=1pqfi4xhw8ie0

[rghhomes]

Hello!!!

Do you know that due to the emerging industrial revolution within the Epe-Ibeju-Lekki corridor especially the Lekki free zone, the Lekki deep seaport, the Dangote refinery, a fertilizer plant, petrochemical plant and a sub-sea gas pipeline project, the axis is fast becoming the preferred investment destination across the globe?* 

It would be nice and rewarding if you are part of this big investment.

 Schedule a Free inspection with us today.

Contact Realtor Charles

 (+2348023122209).

Our Mail:  rghhomesandproperties@gmail.com

You can chat us here 👇

WhatsApp 08023122209

[abujaihs-blog]

Lekki seaport: Analysts proffer measures to avert repeat of Apapa scenario

As Nigerian businesses anticipate the completion and take-off of the much-awaited $1.5 billion Lekki Deep Seaport, the consensus opinion among experts is that the promoters of the port project must do everything possible to avert a repeat of the Apapa conundrum. Apapa, which plays host to Nigeria’s two busiest ports – Apapa and Tin-Can Island – that together control 75 percent of import and export activities, has for too long been bedevilled by persistent gridlock occasioned by unwholesome activities of truckers. This situation, apart from its effect on daily movement of motorists, residents and commuters in and out of Apapa, has crippled businesses in the port city, crashed property value in this prime location, and left over 40 percent of the buildings in Apapa GRA currently empty. It is this situation that the analysts say the Lekki Deep Seaport axis may eventually face unless the promoters of the port project push for the expansion of the Lekki-Epe Expressway, Epe-Shagamu Road as well as the development of functional rail line to ensure smooth movement of cargoes in and out of the port. Iheanacho Ebubeogu, general manager, security, Nigerian Ports Authority (NPA), said Nigeria needs a deep seaport as soon as possible to allow for berthing of bigger ships and achieve economy of scale. He added, however, that there was need to expand the roads leading to the Lekki Deep Seaport to eight lanes to avert the reoccurrence of the Apapa problem.

“To avert the reoccurrence of what is happening in Apapa today, government in building the new port, should ensure that between the port entrance and about 4 kilometres away, there should be only warehouses for storing cargoes and roads for movement of cargo by trucks,” said Kunle Folarin, chairman, Port Consultative Council (PCC), at a recent quarterly business roundtable organised by MMS Plus Newspapers. Lekki Port, which is a multi-purpose seaport located at the heart of the Lagos Free Trade Zone, is expected to be one of the most modern ports in West Africa at completion. The NPA awarded 45 years concession to Lekki Port LFTZ Enterprise on a Build, Own, Operate and Transfer (BOOT) basis. The experts say the promoters of the project also need to push for the establishment of truck and trailer transit parks within Epe axis to serve as truck holding-bays where electronic call-up system will be used to streamline the number of trucks coming to the port to pick laden containers or drop empties. In addition, they say the Federal Government needs to limit the number of oil tank farms licensed to be situated within the Epe axis while the existing tank farms and refineries should use railway or pipelines as alternative means of evacuating products. When these are done, they believe Nigeria’s first deep seaport will become a destination hub for trans-shipment and local cargoes without recording incidents of traffic congestion that currently obstructs free movement of cargo out of the nation’s major seaports. Ebubeogu advised promoters of port projects in Nigeria to learn not to depend on port plan but port master plan. “Port plan covers the jurisdiction of the port while port master plan covers the port itself and its maritime industrial environment. For instance, if the NPA has had the vision of port master plan at the time Apapa port was built, the whole of Creek Road and Wharf Road would have been secured and owned by the NPA,” Ebubeogu said. “If the NPA had Creek Road, there is no way the authority would have allowed two tank farms to be located on Creek Road. We must have port areas where the port managers collaborate with the city administrators to regulate traffic,” he added.

  Citing the America example, Ebubeogu said the World Trade Centre and its environs belong to the Port of New York and it enabled the US port authority to regulate the tenancy such that the traffic flow from the city is not in conflict with that of the port. Folarin said there is no port corridor in Nigeria because there are several residential houses located 10 metres from the port. He suggested that new ports like Lekki should have ring road exclusively reserved for port operations. “If we keep using single mode of transportation without rail and waterways, the roads will fail due to the pressure on them. For example, when Apapa-Oshodi Expressway was constructed, it was conceived that the road was meant to serve the Tin-Can Island Port, but today the road has become a municipal traffic area used by residents,” he said. According to Folarin, a recent study carried out shows that about 1 million vehicles transit from Oshodi through Apapa to Lagos at peak period, showing that new ports like Lekki should plan for future growth. “If we fail to do the right thing today, in the future, if Nigeria prospers and the volume of cargo increases, it will become difficult to manager prosperity than poverty,” he added. Speaking further, Ebubeogu said traffic has been difficult to manage in ports in Lagos because all Nigerian ports have extensive port mileage except Warri port. Port mileage is the distance between the port entrance and the highway.

Ebubeogu said Warri port is the only port a trailer can come out from and drive into the expressway while others create port mileage, adding that Lekki needs to avoid city traffic interfering in cargo transportation. “When Tin-Can was built, the highway started from Tin-Can gate, but today, if a trailer leaves Tin-Can Port, the driver will keep accelerating and breaking until the vehicle gets to Mile 2,” he said. “Leaving Apapa Port from Wharf Road, it is only when the trailer gets to Stadium that the driver will start having constant acceleration. But from the port, the driver can change gear more than 50 times before getting to this point,” he added. Upon completion, Lekki Port will have a total of three container berths, one dry bulk berth and three liquid berths. It is expected to have 16.5 metres draught for berthing of larger vessels and accommodate 2.7 million Twenty-foot Equivalent Units (TEUs) of container capacity per annum. In terms of ownership, International Consortium led by Lekki Port Investment Holding Inc. (Tolaram Group) holds 75 percent of the equity share, Lagos State Government 20 percent, and the NPA hold 5 percent. Source: By AMAKA ANAGOR-EWUZIE Read the full article

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*Another reason why you should invest in Ibeju lekki Free Trade Zone - The #NewLagos #Smartcity * Ambode launches 1,000-Hectares modern satellite city in Epe ...Project To Create 200,000 Jobs, Provide Housing Schemes For Lekki FTZ ...Lagos Gov's Policies Are About Economic Prosperity, Development, Says Audu Ogbeh Lagos State Governor, Mr Akinwunmi Ambode on Tuesday launched a 1000-hectare modern satellite city in Epe-Ibeju Lekki axis projected to create over 200,000 jobs and housing schemes for all the major projects coming on board within the Lekki Free Trade Zone. Named Alaro Satellite City, Governor Ambode described the unveiling of the project as a major milestone in his administration's vision of making every part of the State economically viable and livable, adding that the development was a dream come true. He said with major projects in the works in the Lekki-Epe corridor such as the Free Trade Zone, largest Deep Sea Port in Africa and International Airport, among others, a new city to provide housing schemes and other facilities for workers, investors and the people generally was desirous, hence the need for the initiative. Giving details, Governor Ambode said: "The Alaro Satellite City was conceived to provide housing schemes to a broad spectrum of income earners, industrial workspaces, warehouses, hospitality and commercial office facilities amongst others. "The project would not only open up the corridor but would transform its economic landscape by providing jobs, reducing poverty and contributing significantly to socio-economic development of the State, especially in terms of the GDP of the State in particular, and the country in general." While commending the private sector especially Rendeavour Group and North West Quadrant Company for partnering with the State Government to deliver the new city, the Governor said the successful launch of the project was a demonstration of the confidence the Organised Private Sector (OPS) and foreign investors have in viability of doing business in the State, adding: "The Alaro Satellite City is a strong statement that our Lagos is still attracting more direct foreign investment." ENQ: +2348068346923 https://www.instagram.com/p/BtVas_aFomR/?utm_source=ig_tumblr_share&igshid=dxfsy8tt86gx