LIVING IN IBADAN #NIGERIA – LAND & PROPERTY PRICES IN IBADAN (REAL ESTATE IN IBADAN)
- April 11, 2021
- Real Estate Business
Real estate in #Ibadan is the next thing. The land mass of the…
IBEJU LEKKI is a Local Government area in Lekki, Lagos State Nigeria. The demographics of the area include Yoruba speaking natives although there are a lot of people from different parts of the country and the globe living, working and doing business in the area. Ibeju Lekki also attracts massive amounts of tourism as it is endowed with beautiful lagoon views and ocean fronts.
The development in the area is rapid and ongoing, some even refer to the area as the NEW LAGOS. The commercial center of Lagos state seems to be shifting gradually towards the area with much effort being put into developing industries and infraustructure.
Ibeju-Lekki is one of the LGAs for planned Lekki City. With the actualization of the blueprint, Ibeju Lekki is expected to become a central hub for business, manufacturing, warehousing, and logistics. Forecasts have been made about an increase in commercial activities in the area as a result of these developments which will create thousands of jobs and make the area a major business location in the country.
In Ibeju Lekki, there are on-going and proposed industrial developments such as the DANGOTE REFINERY which is expected to be the world’s biggest single-train facility and estimated to cost $9bn. Also, there is the LEKKI INTERNATIONAL PROJECT which was initiated to lessen the pressure on the Murtala Muhammed Airport (MMIA) in Ikeja.
The master plan of the new airport shows that it’s designed to cater for wide-body, double-deck, and four-engine aircraft with the capacity for up to 500 seats. For a start, the Airbus A380 is expected to carry two million to five million passengers per annum with future prospects of expansion to cater to the increasing aviation needs of the rapidly developing Lekki area and its environs.
These are just two of many other industrial developments at Ibeju-Lekki like POWER OIL PLANT, KELLOG, LA CAMPAIGN TROPICANA RESORT CENTER,LEKKI PORT and Lots more.
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