Lagos State governor, Mr. Akinwunmi Ambode, last month, said about $60 million would be pumped into the ongoing development of the Lekki Free Trade Zone (LFTZ) within the next six months.
The governor, who spoke when he met with stakeholders at the Zone, assured that he remains committed to addressing the challenges and ensuring the project is actualized. Below was exactly what he said:
“I want to assure that our financial commitment to LFTZ will be improved in 2017, that is, we will accelerate to quickly clear our outstanding counterpart funding for the Zone.
“In essence, we expect that in the next six month, we should be having an investment of over $60 million. I believe that when we invest our share of the fund and China Africa Lekki Investment Limited (CALIL) does, it will bring a major development for the Zone,” he said.
The governor said that putting the fund at the Zone at a time when Nigeria was gradually easing its way out of recession would not only improve infrastructure and boost development, but will also help attract more investors to the Zone.
He said over $6billion has been invested in the LFTZ in the last few years, with Dangote Group providing a lion share of about $4billion.
Ambode said: “Over $6 billion has been invested in the Zone in the last few years with Dangote share in the lump sum at $4 billion and we have a land space of over 16,000 hectares of which, just a portion of it is activated.
“We are all aware of the investments by Dangote Group and the China Africa Lekki Investment Limited (CALIL), had done as it concerns the partnership they signed with the Lagos State Government. And this partnership made the company own 60 percent while Lagos owns 40 percent.”
Ambode also assured that work would commence on the Lekki Deep Sea Port next month, saying that it was also a critical infrastructure that would attract more investors into the Zone and ensure return on investment.
“With the ongoing construction of the seaport, airport and others, it is obvious that a single road isn’t sufficient for the Zone.
“It is now clear that we have to dualise the Lekki-Eleko Road beyond the Zone in order to withstand the influx of vehicle that will be making use of the road to access the Zone. With this, we will be able to sustain the investments in the area,” the governor said.
He expressed optimism that with the Lekki Deep Sea Port, Dangote Refinery and Lekki Airport coming on board, the Lagos East axis would witness massive economic turnaround within the next two years.
Now, as you read through the remaining part of this article, you will discover the fastest landed property appreciation location in Lagos, which only less than 0.04% of the Nigerian populace are aware of. Interestingly it still sells for a whole lot less…Over 95% of Nigerians are totally oblivious of this massive Wealth Creation and Investment Appreciation opportunity I’m about to reveal to you.
However, as usual, Africa’s Richest Man and business mogul – is already aware of this amazing opportunities and has positioned himself and his businesses. The Lagos state government is also aware and has followed suit. Even China and the united state government are aware and has joined the train.
But here is the interesting part, A few hundred (maybe thousands) of smart men and women like you are also joining the train….
What train you may ask?
It is Property Investment in one of the fastest growing area in the African continent which amazingly still goes for far less.
So, if you are looking to own properties (commercial/residential) planted within the cocoon of nature’s dreams, Cosy neighborhood, nestled in the Lekki-Epe road axis with easy access to beaches and nature’s resorts, then look no further…Ibeju Lekki is The Place to be!
Before you come to any conclusions, please keep an open mind let us share with you some data – these are not our own opinion, these are real facts that can be confirmed from reliable sources.
Every smart investor knows that one of the secrets of the most successful Real Estate Investors is that they buy land on the fringe of development at an incredibly low price and exercise a little patience for capital appreciation as a reason of the development. Well this case is not different.
Ibeju Lekki is housing some of Nigeria and even Africa’s choice developmental projects such:
Dangote Refinery and Petrochemical industry
Lekki Free Trade Zone
Lekki Deep Seaport
Dangote Fertilizer Plant
International (Cargo) Airport
Lekki International Golf Course
New Shoprite Complex
Pan Atlantic University
La Campagne Tropicana Beach Resort
New Computer Village and many more…
Most of this projects are set to launch by 2019. And when this happens, the value of properties around Ibeju Lekki axis will go on top of the roof… It will be like the Lekki Phase 1 and the likes…
Now, let’s be frank…you should seriously be considering buying a few plots of land there at the minimum, because like I said; it still amazingly sells for less, and we would be glad to recommend a few to you, but more on this later…
THE DANGOTE PROJECTS
Africa’s richest man Aliko Dangote is setting up the Dangote Refinery at Ibeju Lekki. It is the largest industrial complex in Africa. The project is slated to cost $14 billion (N2.8 trillion) of which Dangote is contributing $7 billion in equity. Over $4 billion worth of equipment currently sits on the site.
It is the largest single train refinery project on the planet. During construction, the project will employ over 25,000 Nigerians. On completion, the refinery will have the capacity to refine 650,000 barrels of crude oil per day.
When this project comes on-board, Nigeria will save a minimum of $10 billion a year on imports. Dangote said when this project becomes fully operational; Femi Otedola will save at least N26 per litre on millions of litres of diesel and petrol which his companies import annually. This savings will be passed on to the consumers and it will take a lot of pressure off the financial institutions.
The plant has an export value of $6 billion per annum, meaning Dangote’s efforts will increase the amount of foreign exchange in Nigeria’s foreign reserves by at least 40% of current value on a yearly basis
This project will restore the dignity of Nigeria, a crude producing country that has for years gone abroad to meet its demand for refined products.
The United States Trade and Development Agency believes so much in the success of this project that they’re supporting it with $997 million – that’s a billion dollars!
DANGOTE FERTILIZER PLANT is another project by the Dangote group at Ibeju Lekki. It is a 4 minutes drive from Dangote Refinery.
The refinery and fertilizer projects of Dangote Industries Limited are expected to become operational in the first quarter of 2019 and are estimated to create a minimum of 235,000 new jobs, both directly and indirectly.
Imagine how the value of your Ibeju Lekki property will skyrocket when this project launches.
Another Massive investment at Ibeju Lekki is the Lekki Free Trade Zone – The first Smart City in Nigeria. It is geographically located in Ibeju Lekki. And already over N100 billion has been invested in this project.
The Master plan of the Lekki Free Trade Zone area is designed to be built as a satellite city in Lagos for eco-city for residents, dynamic commerce and trade and modern industrial business.
The Free Trade Zone is being developed as a multi-product and logistics hub for the entire West African Region. Strategically located 60km east of Lagos, the zone is well connected by road, sea and by air.
When fully developed, it will spread over an area of 815 hectares and will house a number of petroleum and petrochemical complexes, agro-commodity and other manufacturing industries.
Opposite the Free Trade Zone is the Lekki Deep Seaport. The Deep Seaport is designed to handle about 6 million Twenty-foot Equivalent Units (TEUs) of containers.
The Deep Seaport is proposed to be in full operation in 2019 and it is estimated to create 169,000 jobs directly and indirectly.
The La Campagne Tropicana Beach Resort is another landmark on the Lekki Free Trade Zone axis. The Beach Resort is about 15 km drives from the Dangote fertilizer plant.
When completed and operational, The Dangote Refinery, Dangote Fertilizer Plant, Lekki Deep Seaport and Lekki Free Trade Zone are estimated to create almost half a million jobs directly and indirectly. Now imagine owning some valuable Real Estate ASSETS in such a location….
And guess what. These projects are expected to become fully operational by 2019. Your capital would appreciate to an unbelievable proportion when this happens.
Smart investors have started acquiring landed properties in anticipation for their investment capital appreciation that would soon hit Ibeju Lekki.
Wouldn’t it be a wonderful idea to build your dream home or position your business or company at Ibeju Lekki at this point…
And here’s something you should note … it’s not compulsory you live there; you can buy as many plots as you can afford and then wait. Land in this axis appreciates faster than anywhere else in the country.
As we speak, lands been sold at Ibeju Lekki for N1.5 million last year, now sell for over N2.5 million. Talk more of when this massive development commences.
If a business mogul like Dangote can spend $100 million on the lands (in Ibeju-Lekki) where the $14 billion project will be standing on, then anybody with even a few million naira should be thinking of doing the same. Or what do you think?
If you understand the impact of these economic indicators, then you will know that you need to “Strike While The Iron Is Hot” – which is Now!!!
And that’s where we come in. Permit us to introduce ourselves;
The ArchPlace Properties is a leading RealEstate Consulting Company.
We are a Consulting and Marketing Firm in the Real Estate Sphere whose core competence lies in providing quality products and services at affordable prices to our clients.
to be the foremost Real Estate solutions company providing the best products and services in Property and Home Ownership Investments, ensuring that our clients get value for their money.
To create a world full of wealthy people who can look back and appreciate they made their fortunes through real estate investments.
Over the years, we have become one of the fastest growing companies in the real estate sector in Nigeria. We are able to achieve this because we do thorough due diligence on all the properties we offer to the market and ensure that all the risk factors are properly taken care of.
For us at The ArchPlace Properties, we are aware that your interest in real estate would be to either own a good home or have a valuable investment for wealth creation and a secured future.
That is why we tailored our services to providing you investment opportunities in choice and affordable places with flexible payment plan for your dream homes/offices and for a wealthy tomorrow.
Our philosophy: – “the Ordinary gets Wealthy and the Wealthy… gets even Wealthier”!
We help real estate investors make smart decisions about the best real estate properties that are within their budget that gives them the highest return.
Majority of our properties are located along the free trade zone or a few minutes away from the Refinery with very reasonable prices, and very high capital appreciation potential.
All the lands are free from government acquisitions and land grabbers, with the complete and appropriate documents, which can be duly verified from the state government directorate of land services, Alausa.
It’s a WIN-WIN proposition for you. Expect a high Return on Investment (ROI) in the shortest period of time.
Watch a brief video tour of some of these properties below:
Also, find Below Some of The Landed Properties Currently on Sale;
We are currently partnering with PWAN Homes to promote SAFE & SECURED INVESTMENTS around IBEJU-LEKKI axis of LAGOS (Residential & Commercial plots available).
1) SAFARI GARDENS AND PARKS
Location: Lacampagne Tropicana beach resort
Title: Registered Survey and Deed of Assignment
Outright Payment: N1,000,000
40 Months Installment: 25k