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Eko Atlantic January 2022 Update
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- เผยแพร่เมื่อ 16 ม.ค. 2022
- 2022 is starting with a bang at EAC, The Central Bank of Nigeria (CBN) has said it will set up an international financial centre at the Eko Atlantic City by the second quarter of 2022 to attract investors.
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This is beautiful, even if its moving slow, it will still happen. God bless Africa and her people.
Sand is beautiful?
@@zeeone4492 Dubai started as sand ,have foresight in life
@@iyanuoluwakassim7460 yeah right like this will take Dubai more than a yeah to complete lol
@@yurlim do some research Dubai still has project that are more than five years and haven't reached any where
@@iyanuoluwakassim7460 every country has such projects, but comparing Nigeria to Dubai is absurd. This is not even half of those projects in Dubai.
If Rome was not built in one day, so will be with Eko Atlanic . It is not easy to get investors on board at the speed that most people desire while many companies are hard hit by Covid-19. Good luck with the project. watching from Pretoria, South Africa.
Thank you bro.
Great Comment !
@@ekoatlantic when is work starting on the other eko pearl towers?
Actually I heard there is massive demand to buy and build in Eko Atlantic. It’s the developers that is holding them back
Your comments are debatable. Its a matter of location and political climate. And whether investors have faith in the project. I live in the UK and the area I live in London had an large industrial estate which was acquired by an American property development company 20 years ago with the intention to turn it into a mini city. Hotels, shopping mall, schools, student hostels, offices, roads, housing etc. The project is due to be completed in 10 -15 years time. They are already halfway through to completion.
A Dubai Marina in the making! Can't wait to keep seeing progress in Africa's most vibrant and dynamic city! Especially when the metro opens soon!!!
Amen. By God's Grace, I will own one of these towers one day soon in Jesus Name. Amen.
Wish y'all all the best from Kenya 🇰🇪🇳🇬
Thank You ! African Love!
No need to wish them because it will soon collapse if the useless therapy med spa does not pay for the washing of the apartment in Eko Pearl
I am from Nigeria, and I can tell you that I am very proud of how my country is evolving because we were always considered as a less developed country compared to all of the others. But also Africa compared to all of the other continents. We are finally making some progress. It is just so unique and the fact that it will maybe become the next financial capital of Africa is amazing ! Considering that it was built on a vast area of land reclaimed from the ocean shows that we can rethink the city and make Africa, most importantly Lagos modern, it was built for success !!!
No new development lately on this deserted island. It’s high time to reduce the inflated luxury prices of apartments, prices are not set by mere thinking of what people worth , it’s determined by the demand and supply chain. If you think you will sell the apartments to Chinese investors alone, it will add to the colonial imperialism problem in the present day Nigeria. Commoners are needed to drive the economy, scaring them away with prices is a dummy way to think. Nigeria have been divided with a large margin, extremely rich and extremely poor. The new island should exploit this chance and bridge the gap not to widening the margin. Invest in people and keep halt of these shenanigans
This is incorrect ! Several new projects are underway whilst others are completing this year ! follow us on instagram to see live updates @ekoatlantic
You’re only doing justice to PR, you have got a great plan on book but are they realistic with the decelerating trend of the economy? If you had use your break evening analysis properly, you will understand that you need more of middle class people integrated there. The economy can only be driven by cash flow not some million of dollars stuck in a place. Exploit the widening margin created by the economic polices across the country, it will place the geographical location on a spotlight of a community who embraces diversity and value differences economically.
I think the developer of this project heavily rely on foreign investors because we can not expect the middle income people in Nigeria to invest on this project given the price of a single unit by millions of dollar. As of Nov.17, 2022 according to the Federal govt.of Nigeria thru National Bureau of Statistics said 130 million Nigerians are poor ( 63%) of total population. The 30 million plus are considered as middle class. The question is, what does Eko Atlantic have to lure foreign investors to invest on this project? While these facts exist: 1. The price of the land is million dollar 2. The progress is too slow and investors are not stupid to put up their money to things that they can't enjoy during their lifetime 3. The massive corruption in the govt.
So happy for Nigeria 🇳🇬 ❤️
I would love to see an updated video of this project as we are now in June of 2023. Amazing piece of work!
Good luck Nigeria from Ethiopia
Thank You ! Africa to the world !
The progress of the city is somehow slow and that church is too substandard for that kind of a place.
Someone needs to bulldoze that mess.
Yeah the church is really ugly but I heard it will be rebuilt
Calm down bruhh it's a mega city its obviously going to take time rome wasnt built in a day so is this Dubai wasnt built in 12 years it took time
@@dududale62 Nigerians seems to have a lot of money to waste.
@@Robio_scorpio I mean Dubai was build in 20 years time. In the early 2000s there were barely anything nice there.
Keep it going
They should rezone some of the land and build the biggest mall in west Africa....investors will come in numbers . everyone wants convenience and exclusivity . That should be the main selling point!....and of course , it'll increase foot traffic into the area.
Couldn't agree more with you.
Awesome
The future.
I'm pleased to see new buildings popping out. Seeing this happening will let people envisage this project as feasible.
don't be...because it's a waste of money.
How many did you see ?
Correct !!
@@Seek_Explore1007 why do u think so?
@@Seek_Explore1007 Biafran?
It has so much potential, but for now it looks like a deserted island. Wish Nigeria all the best.
Hahaha
its a long term project, possibly lifetime. maybe you need to study how a new city is planned and built
Thank You for your comment the city is Standing on 10 million square metres of land which is why you may see it that way ! the project is huge we have several mid-high density developments but on a canvas this big its hard to appreciate the amount of development !
The infancy of a megacity🖤
Not in your lifetime
love this
Well said Standing on 10 million square metres of land reclaimed from the ocean and protected by an 8.5 kilometre long sea wall, Eko Atlantic will be the size of Manhattan’s skyscraper district.
Well i believe this project gets done 30 to 50 years from now. Given the fact that only 3 separate buildings were completed after almost 18 years since it started its reclamation work in 2005.
Good job
First to comment. Awesome project
we should show support for this project, but let's not be ignorant. new construction hasn't started within the last six months and not enough Nigerians are investing in this project - there simply isn't enough demand for the inflated luxury pricing. how many of you are actually willing to pay $800k for a 2b apartment in a deserted tower when better options are available across the city? please, let's be realistic. because of elitism and exclusivity, you have driven out your demand. it's time to reduce the cost to invest. lagosians will be more willing to buy property, contractors will have more incentives to build, and this project will move efficiently and actually benefit the people back home.
this place will most likely be majority expatriates like Dubai. I was at Eko last month. Probably the largest gathering of Middle East/white people that I’ve ever seen in Nigeria.
So in your mind you think they reclaimed a land in the ocean to build an exclusive high end estate for a commoner like you. This is a real estate for corporate headquarters and the residential apartments are for the upper class . So stop this meaningless complaints. If you can’t afford Manhattan then go to queens or Harlem!!! Jeez!!!!!!
I don’t think you know where the place is located ? Reclaiming Lagos lagoon and expect common man there? There is places in other countries where their citizens can’t afford but foreigners, it’s called business location, I feel your pain but it’s what it is
@@ikemmanuel7859 Classism has obviously backfired in this context. If you had as much as 800k to invest, would you invest it in Eko Atlantic or somewhere with a greater expected return? A 2b for 800k is exorbitant, even in Manhattan. Exactly which corporation you speak of is investing? Even the rich aren't naive enough to spend their money this high-risk project.
Do you know how Dubai succeeded? They are in the middle of nowhere with no source of economy, but they borrowed money from the UAE to complete the city. They allowed for investment opportunities for smaller households and businesses. Investors then came along because they saw the physical potential, not a computer-generated mock-up. There are simply no incentives to invest in Eko Atlantic because it's a barren stretch of sand. This exclusive hotspot that you talk about doesn't exist because investors are too smart to pour their money into this gaping hole. They need to make this project more accessible to "commoners" because they are our economy. Dubai needed the support of commoners. We need to a realize that a better Nigeria will result from investing in ourselves.
@@oladeleadaraloye5699 I visited Eko Atlantic four years ago in-person. my grandparents live nearby. I've been following for some time, so I understand it's purpose. I'm not asking for affordable housing, but a project like this requires normalcy to an extent. There aren't enough CEOs to fill the number of apartments they intend to construct. Where are the homes for engineers? lawyers? Visitors? There has to be a variance of pricing in every functioning economy
things like this makes me proud to be an african
Africa to the world !
why do i have the feeling that church looking odd, like its not supposed to be there. thought anything that'll be erected in eko atlantis is gonna be a state of the art.
why has work not started on the rest of the remaining 3 eko pearl towers?
Dick bring the money
you too can invest there
The existing building hasn’t been occupied 100%
If you would like to purchase in the remaining towers please contact Eko Pearl directly for accurate timelines and pricing !
The US government also acquired about 50,000 square metres of land at the Eko Atlantic City for their Consulate’s new head office, wonder when the build will start....my view, things will likely pick up once the insular, business unfriendly and divisive Buhari govt exits the scene!
VERY VERY TRUE!!!
Or when the land reclamation ends.
False
@@uchenna127 it has already ended; ages ago infact.
*funded by rejected Nigerian visa fee.
I keep praying for this project not to fail with the slow progress of development we are seeing.
I don't think it is slow.
Good things /Legacy takes time and don't happen over night. Also don't forget, when it come to investment in Nigeria, it's not for the faint hearted, considering the country peculiar ways of doing business. For those who dare, their bounties is generations unborn.
This project can not fail ! The city is already achieving is primary aim of protecting VI from years of flooding which is why the street adjacent to the project is seeing new investment. Secondly the city is alive with residential and commercial tenants and has been for some time now !
This is marvelous
A fixed bridge at the entrance of the marina seems like a misstep. ALL Sailboats and any larger motor yacht won't be able to get in.
There are 2 entrances....the other one is open
nice one... keep the updates coming we love it.
Thanks for your feedback we will do !
Quite impressive
Feels like this is progressing rather slowly.
Exactly!
go help out dummy. you think everything happens in 5 years. could take 30 years to build a luxury city
The city is Standing on 10 million square metres of land which is why its hard to appreciate the amount of work going into the project everyday ! follow us on instagram for regular updates !
I don’t understand why is the land still empty this is 2022 aba how long did it take to build Dubai.. I was expecting more than this.
Yes, you are right but you don't need to compare this with Dubai.
There are still numerous places in Dubai that are empty
Study the development of Dubai and you will understand better !
Well, slaves aren’t being used like in Dubai, so it’s going to take a while.
You are comparing Lagos to Dubai ? hahaha
Nice project!! Keep it ip
Great 👍 but very slow 🐌
That church building shouldn't be there 😕
@Okafor
Thank you! My very first thought.
It looks extremely cheap
WHY??? Its even the most important building in the project
@@ImeUdo-ObongMesoEx How is it the most important building there? They should also create space for a shrine as well in honour of the gods of our fore father's.Religion is slowly loosing its grip on Nigeria especially with the current wave of fake prophets in Nigeria
Slow and steady wins the race
This certainly does not apply in development and construction.
Good Job 🆗👍
This should have been completed by now. We're tired of seeing old buildings
How about you invest instead of opening you mouth to talk rubbish
We have several new project under construction ! Try to visit the city of follow us on Instagram to have a more accurate idea of the project !
you think it 20 naira bproject...go see youself bro
Magnificent!
Thank You !
This project is taking too long. I am not happy with that. Please, provide incentives for investors to and put their money in Eko Atlantic City.
Yes, I agree with you.
Yeah it ain't easy even top cities in the world ain't fully built
This project should have been at least 50 to 70 percent completed by now in my opinion. In this day and age the speed of building should be significantly improved by now other countries are building at rapid rates Eko Atlantic should be completed a lot sooner then 10 years in my own opinion but I’m American so I don’t know 🤷🏽♂️
One great incentive we have is that Eko Atlantic is a Free Zone !
@@iyanuoluwakassim7460 That makes no sense. The top cities in the world actually have people and business operating in them not like this deserted land with nothing happening but dust blowing in the wind lol
🔥 Great
Kenya konza city started the other day and it has gained momentum.
It started on a plain land unlike Eko Altlantic that took years to reclaim land.
New city like Ocean city is coming up in Lagos and it's in good hands. It will be completed without delay
It appears to have had a profound effect on the land nearby as I am seeing more skyscrapers around Lagos.
Financial reality says if a loan was obtained to finance this project, it is 10 years in and not even at 10% projected completion. Things are not going to get better in the next 10 years, so at some point there will be a yard sale. The Americans love their privacy, and that works well at EKO Atlantic, the Chinese will do what ever to snoop on the American when the trophy is Nigerian resource. As individuals, when you pays $.5m on a property in a neighborhood that is not established, and the running cost of ownership cannot be determine then you just bought a liability not an asset
The project is privately funded by South Energyx Nigeria Limited - the developers and city planners, a subsidiary of the Nigeria-based Chagoury Group of companies - working in strategic partnership with the Lagos State Government and supported by the Federal Government of Nigeria.
Na my great grandchildren that'll be able to see this complete 😂
Anglican church? Oh lawd! Nigeria and church business 😅 why not build Anglican schools?
Religion is more important than education apparently. 🙈
@@psychout3481 In your country I assume. ... hahaha..You are not serious.
@@lagosian123 I was sarcastic. lol.
Nigeria big up
I hope there is a rule around how houses can look in this area, just like in Singapore because i dont want there to be absolutely beautiful, modern buildings beside odd ones
why did you people give approval for such a dreadful church building.?
We dont need churches, we hospitals and schools, there are 100x more important than that sunday money-making scam.
Good let some go to south east
A lot of western/Europeans have a grip on Nigeria 😀😄
People won't invest in Nigeria so long as we don't sort out our insecurity issues and provide an enabling environment for people to invest
That church building should be bulldozed to the ground.... Who approved it? Honestly, I can't see anything futuristic about this city, the buildings are too basic!
How come when I search Eko Atlantic it comes up with DC shortlet properties?
In Dubai they Lease the land out to investors and get back their money as the year goes.Poverty is wrecking Nigeria and this eko atlantic will take years to rise if the managment doesn't find a way to give out this land for people to build on it.
A country/ state with immense poverty and this is going on.. it’s the youth I blame.
Huh, this project will and is creating thousands of jobs, or do you think buildings sprout out of the ground?
@@uchenna127 Exactly
You are not smart. This is creating thousands of jobs to uplift people from poverty.
@@uchenna127 typical Nigerians !! It’s all about the outwardly flashy rubbish! Let’s wait and see !! Imagine such project in the west whilst poverty and insecurity is rife?? The youth would burn that shit down!!! Anything that makes us look cool on the outside whilst we rotten asfuck on the inside!!
@@olufemi42 Poor man mentality
That church is tacky, you guys are going to have to decrease prices and talk to more foreign investors from a variety of countries, not just UK and US otherwise this project will never ride.
I wonder how many generators will be needed to power electricity into this ghost town?🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
We can smell your envy from afar. The good thing is that there's no where in your village country as fine as Eko Atlantic. Mention a place we are waiting.
@@alegbekehinde8753 What do you expect of a Ghanaian? The ignoramus does not know that Eko Atlantic City has it own power and water systems.
I concur! His native Ghana does not have anything close to Eko Atlantic City.
@@andersonojoshimite6047 why should Ghana have a ghost town it doesn't make sense.
@@andersonojoshimite6047 Lol we don't have a cattle rearer as our president 🤣 😂 😆 😅 😄
@@christopherlevinanakofigug1178 nice one 😂😂😂but answer me this tho what city do u have in ghana cause I've been to ghana I have never seen a city only towns and villages
How are people going to get around besides by car?
We have water transportation through the canal which runs through the entire city ! we are also looking at electric buses !
@@ekoatlantic I think you're going to need more than that. You should look at aerial trams and light metro.
@@leehaber We have looked in to that and will continue to do so ! Thank You
Eko, hw long will it take to finish the project
A new national football stadium should be built here.
Of course cities are not built in one month or one year. At least it was started now so by the time it would be 2050 it would probably be finished most likely. I hope Black people will succeed in this because the black economy really needs it
I see grasses popping out
Eko Atlantic Nigeria vs ocean flower island china. Eko Atlantic start build project in 2003 ocean flower island china start 2010 until now eko Atlantic still empty building no biggest changes until now while ocean flower island china start open 2022.
Eko Atlantic: Africa's BIGGEST parking lot !!!
Reclaiming land that was lost to the sea due to erosion and putting in the necessary infrastructure for developers does not = a Car Park ! Poor comment Ben !
Is this city built on land reclaimed from the sea? Who owns this project? Lagos state or federal government?
@Segun S. Elusakin own by a private non governmental Nigerian not Lagos state we don’t have government in Nigeria
@Segun S. Elusakin smartest man the owner is a Lebanese who came to Nigeria as a refugee during Lebanese civil war so do research before saying what u don’t know
@@badadeboraholuwafiropo8123 developer..not..owner..owner is investors
But There is a Problem in Eko Atlantic: This Planned City is Only for Rich Nigerians, My Suggestion: Eko Atlantic Should Be Full of High Quality, High Tech HDB Like Flats so that Even Poor Nigerians Can Live Here Instead of Building Luxury Apartments that are Only for Rich Nigerians Because It Will Increase Inequality, with Rich Nigerians Living Near Workplaces while Those Poor Nigerians are Left Behind Because They Live in Slums and Too Far from their Workplaces.
Real Estate Pricing is based on Location, The location of the project is Victoria Island, This is a prime location. High end projects still serve the masses indirectly through job creation and also the project will create a ripple effect on other locations making them more affordable to the average Nigerian.
Poor people dont know how to look after places - they will just mess up the place. Throw rubbish on the street and destroy the area - oh and lets not forget crime.
Very soon the land will be use for RUGA 🤣🤣🤣🤣🤣🤣🤣🤣🤣
We can smell your envy from afar. The good thing is that there's no where in your village country as fine as Eko Atlantic. Mention a place we are waiting.
@@alegbekehinde8753 A village with stable electricity and not ridden with crimes is better🤣🤣🤣🤣🤣🤣🤣🤣 Do you know many Nigerians are in Ghana?🤣🤣🤣🤣🤣🤣
@@christopherlevinanakofigug1178 Yes there are Nigerians in Ghana just as Nigerians are in other part of Africa. The Nigerians in Ghana are busy buying up your country that's why we own 80% of your banks, and retail businesses. Do you know what Ghanaians in Nigeria are doing? Shoe makers, Drivers, House Boys and girls they don't own anything serious. With your electricity Lagos is still richer than the whole Ghana. Nigerians are more prosperous than Ghanaians that's why your country begs us for everything from Music, movies and financial aids. Even the so called electricity you claim to have is false. Ho watch goblackafrica vlog on African Americans experiences when they relocated to Ghana. They all complained that your do called light is not stable. Please go watch goblackafrica and here what was said about your village called Ghana before you come here to spew nonsense. If you don't know Nigerians in your country are there to colonise your timid and backward people
@@alegbekehinde8753 bro you hit him so hard
@@alegbekehinde8753 Lol who lied to you 🤣 😂 😅 😆 Foolish bragging whilst your cesspit zoogeria turns into a zoo. Concentrate on your useless country because the Fulanis have taken over🤣🤣🤣🤣🤣🤣🤣🤣 Buhari is not even qualified to be a security personnel in Ghana and this cattle rearer is your president. Next will be Lai Mohamed 🤣🤣🤣🤣🤣🤣
Sorry but that church is not for all nations 🤣🤣🤣
Will look the same 10 years from now, need a new developer
It didn't look the same 10 years ago hope u know
Nigerians have s started, modern city? Where's the bicycle road, parking, 20feet wide sidewalks? Even Manhattan had to make most roads one way traffic...another traffic jam nightmare on its way
Go there physically there are sidewalks
Give there alll those things u mentioned are there
why the project is taking so long to get accomplished.
Thats P
who approved that church?it doesnt belong there.the achitecture is so low class.
I think that too
it was planned to be taller - maybe there wasn't enough funding
A little disappointing to see such structure there with all the hype. Even Churches built around the low class environs are far better up than that one.
Me too. I find it very annoying. The data center as well. This project is gradually falling apart. that is so sad.
Naija need to have standards on what kind of building on this new developments, and it all have to be world class standard even if it is a church, for once let us get this right in Africa, and if you can't meet the standard, bye bye
The average Nigerian cannot afford a property here. It's specifically targeted for the rich.
So
Yhhh but atleast its creating job for thousands of unemployed Nigerians skilled and unskilled
@@Robio_scorpio you're living in oblivion. The place is barely developed, how is is providing employment for 'thousands" ??
Just shut up if you don't have something meaningful or sensible to comment
where's the mosque?
Lagos is at least 85% christian.
Hopefully none. No one needs that shouting on friday during the day time.
@@sonny5196 same with church on Sundays when people want to have a peaceful rest.
Get away from here ndi hausa fulani pls no need for ur violentreligion here it's not needed there enough mosque in nigeria already
they never gonna finish this shit😂
Ghost town
why make bad old style videos like this, without voice over
This is called project 🐌
the never ending city pathetic
Shut up and put your money where your mouth is. Most cities aren't built in a day or even 10 years, if you have the money why not go and buy land there and erect a structure? Rather than type b.s online
@@Biobele thank you
Seriously? Still freaking empty?
Exactly 4 years ago, that was all there was. 4 years LATER, nothing else!!!! NOTHING else has been added…
If this isn’t this biggest waste of the century, I don’t know what is.
I once saw inside one of the apartments and gosh it’s horrible. Even in the worst public toilets in Europe, the water facets / taps have better quality. The water pressure out of taps was a disappointment.
For hundreds of thousands of dollars they’re asking on pricing, you better provide higher quality amenities not those cheap ass bullshit y’all shipping straight out of China.
taking to long
Poor country no buildings
What do you mean
Ok wanna Karen you this guy from Philly I know you are that Asian guys , listen you can never be us .. keep your hate to your self ., you are soooooooooooooooooooooooooooooooooooooo obsessed with nigeria.. 🤮🤮🤮🤮
Go save children sleeping at graves yards and the parents that S there kids for M.. to tourist I. Your county .. think of saving them before you go every we’re and put your hate towards black peoples.. look in the mirror 🤣🤣🤣
@@eniolabakare6839 he is one Asian guy from Philippine, he go,s around every video about nigeria in many other Chanel’s too , just to show how much he h..te us .. Mark his name you will see him pop out every we’re .. he is soooooooo obsessed with hate toward nigeria.. and blacks .. I have seen him many times
@@zeezeeabbas4190 Eko Atlantic Nigeria vs ocean flower island china. Eko Atlantic start build project in 2003 ocean flower island china start 2010 until now eko Atlantic still empty building no biggest changes until now while ocean flower island china start open 2022. th-cam.com/video/FR37omVcTLM/w-d-xo.html
White elephant project
It will never be built
Another stunning failure 😂.......
cry harder
Nigerians your ashamed for showing unfinished projects for many years your projects dnt get completed bse of lack of good political will
We can never be ashamed, you think Dubai build their cities in 10 years or 20years? please take your headache to your parents
Ok Karen
@@comfortedu5115 don't even mention duabi ..it won't take Dubai more than 6 months to complete this ghost town .
@@yurlim it won't take Dubai to complete this ghost town? Can you hear your self? so it took Dubai 6 months to build their beautiful country, you think like a baby,I think something is wrong with your brain you need to reset your brain
@@comfortedu5115 I mean modern Dubai was really built in 20 years time.
😂
Nigeria making progress
Nigeria as a whole is too poor for this right now. In this same country we have Makoko, just saying. It does not make sense
We have skid row here in Los Angeles as well. Even worse than makoko.
@@emmanuelokonta1241 na mumu dey worry the boy.
Nobody stopped you from buying land or reclaiming land and building for the poor.
Why attack people who have chosen the rich as their target market.
You can buy the eko pearl from its current owners and set the price at 10usd a year for rent
Because Nigeria have makoko they shouldn’t built a new city mugu such an idiotic comment
I know you are very poor but please take your headache to your parents,they failed you Nigeria is not your problem
Exactly, that what our people don’t want to know , they brainwashed
This will fail
It wont