Overview Eko Atlantic

Eko Atlantic is a dynamic new city that will rise from the Atlantic Ocean, adjacent to Victoria Island in Lagos, Nigeria, the biggest and fastest growing city in West Africa. It will be built on land that is being reclaimed from the sea, and is now for sale.

Eko Atlantic will become home to at least 250,000 residents, with commuter volume expected to exceed 150,000 people daily.

In essence it is a huge reclamation project, replacing land that was lost during a hundred years of severe coastal erosion. Complex marine works engaging world-renowned consultants and contractors to roll back surging waves from the Atlantic Ocean have already begun.

Valuable land that was lost to generations of Nigerians has started to reappear, expanding every day.

Eko Atlantic will grow into a vibrant, twenty-first century city, larger than Victoria Island, and will help to establish Lagos as the financial capital of Africa.

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[Gods1mbad]

@RobertsDigital remember the one guy who tried to privatize everything, what they called him

[RobertsDigital]

@kolatabaer I will Like Nigeria to become an Industrialized Nation. I want them to focus on the Power Sector because without that, then becoming an Idustrialied Nation will be pointless. Everything should be privatized because the government is corrupt. If one part of Nigeria can focus on the Power Sector while the other part focus on Eko Atlantic, then there will be a giant leap forward. Maintainance and Enviromental sanitation is very important too

[kolatabaer]

Hey guys! Don't be annoyed. I am not Nigerian, but I lived there for 4 years. I learned Yoruba and I am pretty much in Love with your country. So me beeing a german, I saw this advertisement and thought it is a good Idea. And actually they said it is mainly financed by private money not by the government. I have met so many german businessman that had to visit Lagos and they never ever want to go there again. Maybe they would go to Eko Atlantic and leave their money there. Think about it.

[nograviti]

@nograviti Re wealth, I am quite wealthy, part of the UK 1% in fact (self made fortune I will add). The problem is that Nigeria isnt ruled by people like myself, type in "Babatunde Fashola" and you will see an individual who I would like to run Nigeria. Unlike the thieves in government who are aided by western countries. Funny you never tackled any of my points and took days to answer (chicken?) :) Also bar Asia, sub-saharan recorded the highest overall economic growth globally last year hmm

[nograviti]

@RobertsDigital Little understanding of Economics? Hmm I went to a top 5 UK university and did Politics, Philosphy and Economics for my first degree and did comp sci for my masters. I work in investment banking doing algorithmic trading development in Java primarily. hmmm OK! Your response shows you are a typical uninformed caucasian who has a myopic view of Africa, based on the stereotypes in films like the blood diamond, congo or tarzan.

[RobertsDigital]

@nograviti Sadly nograviti, you appear to have little understanding of economics Most African countries are actually ruled by people like you. People who never take advice on what is good for the whole country. You are killing yourself about electricity generation for eko atlantic alone while the rest of the country has nothing.

Since you dont want to taken my advice remain in your poverty then. Eko atlantic does not make Nigeria an industrialized nation. It keeps nigeria exactly where it is.

[nograviti]

@nograviti Nigeria's economic situation betrays its history. The British were not interested in nation building and the muddled political/physical infrastructure reflects this. Improvements will take time and Nigeria appears to be finally heading in the right direction. Reflect on this, arguably Britain's zenith in the victorian era, when it pioneered rail technology and was the "workshop of the world",yet writers like Dickens documented the brutal crushing poverty in the SLUMS of east London

[nograviti]

@nograviti Finally gas flaring, you can lay the origins for this waste with british oil companies like shell who started this process and the Nigerians only continued it. Also if you look at LNG, it is only a recent phenomenon, with interesting origins in Apartheid South Africa. They learnt to cool and compress it to have a power source that circumvented fuel embargos imposed by the west. Also Gas only spiked in value in the recent commodity boom & such infrastructure takes time to create.

[nograviti]

@nograviti Steering a nation state is akin to guiding an oil tanker, changes in direction are slow to perceive visually, but it over time the change becomes apparent.

Corruption in Nigeria is aided and abetted by the west, billions of Nigerian petrodollars have gone in Swiss, UK and US bank accounts. Yet the authorities in those respective countries havent been particularly proactive about tracking this dirty money down.

[nograviti]

@nograviti Interestingly, although it wasnt your intention, you did point out that having a lot of natural resources isnt always a boon to economic development. This isnt a problem afflicting only Africans, the relative under development of oil rich states in the middle east highlights this.

Nigeria is a young country and unlike nation states in Europe or Asia, it is an artifical grouping of 'imo' three distinct proto nation states (Igbo, Yoruba & Hausa), which has led to a turbulent history.