MORE REASONS WHY YOU SHOULD INVEST IN LAGOS

*Another reason why you should invest in Ibeju lekki*

IBEJU LEKKI, the new Lagos and home to the biggest investment in Nigeria and Africa like Dangote refinery, lekki free trade zone, lekki deep sea port, power oil headquarters, Kellogg headquarters, lacampagne de'la resort etc experienced another ground breaking development that ushered in investors of  men and women of calibre all over the world as the governor of Lagos state, Mr Akinwunmi Ambode laid the foundation of a mouth watering  1,000-Hectares modern satellite city in Epe,  Lagos.

The project is named Alaro Satellite City and the Governor 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.

"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." Says governor Ambode.

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."

The Governor, who assured the partners of the State Government’s unshaken commitment to the success of the project, also expressed strong optimism that the initiative would be continued by successive administration being that it is about creating jobs and scaling up the GDP of Lagos.

He said in anticipation of increase in human and vehicular movement within the axis as a result of ongoing gigantic projects, the State Government would construct a road to link Shagamu-Benin Expressway from Lekki Deep Sea Port and a 50-hectare truck park.

He further said "We are aware that the increase in construction and industrial activities are already taking its toll on the road networks and other complementary infrastructure along this corridor.

"In order to forestall future chaotic traffic log-jams within this corridor and avoid similar incidences such as is being experienced in the Apapa axis, we have initiated the process of constructing the 7th Axial Road from the Lekki Deep Sea Port, en route the Lekki Free Zone to the Shagamu-Benin Expressway.

"The design for the construction of a 50-hectare truck park within the Lekki-Epe corridor is also in progress."

Besides, Governor Ambode lauded the host communities for their trust and forbearance, revealing that the State Government had approved 750 hectares of land as resettlement land for communities displaced from Parcel B of the Lekki Free Zone namely Yegunda, Abomiti and Eyin-Osa.

He said the Lands Bureau had also been instructed to expedite action on the enumeration of the land in question to accelerate payment of compensation and the issuance of the C of O, just as he assured all stakeholders of the commitment of government towards ensuring the security of all investments and maintaining good harmonious relationships between the investors and the host communities.

Minister of Agriculture, Chief Audu Ogbeh said "I am particularly happy to be here for the launch of this project. Lagos is Nigeria's New York and I am told that nearly 72 percent of Nigeria's currencies circulate in Lagos and I am even happier because I like the politics of Governor Ambode because though you are a much younger person than I am, I can assure you that you have a big future ahead".

He further said that, "The biggest responsibility of a governor in any country and in Nigeria in particular where we are struggling to build an economy is to develop the economy of the State; every other thing comes after. We have to create jobs; there are too many of our young people graduating from school looking for jobs and so when you find that an investor and a governor are investing and creating those jobs you desperately need, you definitely would put your hands together for them."

#invest in #ibejulekki now.
 For plots and acre in IBEJU LEKKI  contact  or WhatsApp 08163230242 #08163230242

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