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The $6b Eko Atlantic City 13 Years After Construction Began (New Phase Starting Soon)
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- เผยแพร่เมื่อ 12 เม.ย. 2021
- See the progress made in Eko Atlantic City 13 Years after construction began. See the latest updates in the city from a drone view. Sand filling of the the new phase of Eko Atlantic City will start. All news about Eko Atlantic City. Like, share & subscribe, thanks for watching.
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#EkoAtlanticCity
#LagosNigeria
#NedMedia
Music by: DJ Syntronik - Float
/ float-by-dj-syntronik-...
• FLOAT (FOR MY LOVE) BY...
Music by: Warptech - 7th Heaven
/ warptech-7th-heaven
• Warptech - 7th Heaven
Lagos to the world💥Like, share & subscribe, thanks for watching.
You are intellectually sound and did a very good research. I have subscribed to your channel. I am very proud of you.
Oh thanks Stanford for your amazing and kind words👍
Dude! You've improved a lot since I last watched your presentation. Your commentary is smoother, and your pitch is very even. Your pronunciation is light-years better. Added to that, your pictures are clear and the camera angles are great, even when you're driving. Try and focus on the buildings you're commenting on, and let the camera rest on them for a few more seconds so the viewer can take in the view. Overall, good job son. Keep it up. Chao!
Hey that's some wonderful and kind words you dropped here, thanks for your compliments and advice Benedictus.
I liked the old style of commentary, it’s why I subscribed. It’s unique and funny
Only 3 buildings after 13 years
In Dubai there were roughly 100 skyscrapers within a 5 year period...
I just subscribed to your channel. You're very knowledgeable of what you do. Keep it up.
Thanks Durosoto for your kind words & for subscribing👍
Thanks for this video. Thanks for showing me where I live before leaving for UK . Wow what a change especially Osborne road towards Falomo is so changed wow. HOME will always be HOME .
You're welcome man, you can check out Lagos Island here: th-cam.com/video/Rrnd1Ty8lyg/w-d-xo.html
15years ago as a young teenager, I took this route to school from Anifowoshe VI to Osborne Road Ikoyi everyday for 10years (Primary and Secondary). This is so nostalgic. It’s been exactly 15 years since I left Nigeria. Thanks for the memories and God bless.
You're welcome Kingsley 😊 Watch this one to see more of Victoria Island th-cam.com/video/x_0q40rkA6U/w-d-xo.html
Nice commentary , hoping to watch more of your videos.
At the pace they are going it will be at least 200yrs. Before they'll be done.
👌
Really interesting introduction, above all, that focus concerning the rate of progress in the execution of this project, the unrealistic expectation of some, leading them to make uncalled for and inaccurate statements about the project. That focus was really great and necessary! Great job! Keep it up!
Thanks for your kind words and insight Saraman👍
Love the work you guys are doing!!
Wow finally a review from you bro....I have long been wanting u to do this because of ur indept analysis to issues...thanks man
Thanks Joseph for the compliments👍
It looks very nice. But if it started 13 yrs ago with only few buildings/infrastructure built on site it is progressing very slow. There are other 3rd world countries in south east asia with a whole lot of development in the past 10 yrs. Nigeria needs to catch up. NG has a lot potential and is a beautiful country.
How? It's one thing to draw and computer generate those builds. It's another thing to put businesses in those buildings.
@@livingforever6157 your right, but you may not be used to seeing investors moving quickly and mega infrastracrures finished in just few years, high srappers built in a ahort period of time sold to tenants even before they were built. It reflects how good and business friendly a country is or its goverment. You will be surprised with jakarta, bangkok, manila and vietnam who are 3rd world and yet have modern mega cities. Lagos is on the right track but it just need to watch out on too much chinese loans, they are really not to help but a trap.
They had to reclaim the land first it doesn’t happen overnight lmaoo.
@@lif3andthings763 yeah your right but still 13 years is a long time. Check out how they did hongkong airport, reclamation in indonesia, malaysia, manila, thailand. They only need 5 years to reclaim and build all the structures. In 10 years they made it into metropolis with tons of sky scrappers. All im saying is NG is on the right track but something is slowimg it down.
@@josh2angels your right..... If you Go to any asean country, they sold almost all the units even before the building is at its 50 percent completion. I might be wrong but what I've heard from some of my friend who's on realstate, 70 percent of the buyers are locals which means we donot expect foreigners to fill in almost all of the unit.
Hello. Eagerly awaiting to see the new city's maturity too. Watching from Kenya. Also a bit of correction, not sure Azuri is the second tallest residential in Africa though. It's about 107m yet there are other taller residentials like the lemac towers, 126m height in Nairobi. I may be wrong though
So They Are Twin Towers😊
Wow
Let's see how it goes.
thank u so much brother for your advise
Nice Vlog, love Lagos and your detailed information, one new subscriber, well done job.
Thanks for your kind words & sub😊 Checkout beautiful Lagos th-cam.com/video/op3_jFl_f2s/w-d-xo.html
Disapointed with the road infrastructure-it should have been at least 6 lanes and what about railway transport around rhe city? Also I don't see anything for amenties such as green spaces for recreation, parks etc
Hey man I love your videos, you give a lot of background information that is otherwise hard to find. I love learning about Lagos and really want to visit the city sometime.
By the way what are those concrete blocks with the letter “B” or “Hi-Tech” on them? I saw one at 7:40 on the right and have seen them before. Just wondering cause I’ve looked it up and got nothing. Anyway great job on the videos pls keep it up!!
Thanks for the wonderful compliments Douglas, the B is Julius Berger's logo. Lagos is an amazing city to visit🙂👍
Very informational, love your content 👍💕
After 14 years Eko Atlantic has only 4 buildings. It may not come to reality in our lives time.I pray for speedy development of the project
isnt half of its time just land reclamation from the sea?
@@dxelson Yea people here are just desperate for bad news.
@@shangothunder1055 I agree but truly they need to work faster.
The problem is overpricing of the project.
@@sammn6186 as long as chagoury group is footing the bill and not the state or federal then it's not an issue for Nigerians
Great job! Awesome content 🙌🙌🙌
Thank you Frank for your kind words. 🙌
The prices ranges from $700,000 to $2.7 million USD, that’s a lot of money for what looks like a desert with a handful of high rise buildings. This is shocking as Nigeria is known for 24 hrs darkness, kidnappers, Boko Haram, killer herdsmen men and political instability. In a country with the highest number of global poverty the price of an apartment is ridiculous, such money can be invested New York, London or Cape Town with millions still left for other investment. Eko Atlantic is an excellent idea by the Lagos state government but the central government have not invested or injected the needed capital. To then sell an apartment in Nigeria for $2.7 shows that both the buyers don’t fully understand the value of dollars only corrupt politicians will splurge such money.
Very unique and entertaining way of delivering!
Thanks we try our best to make it entertaining 😄 Thanks for watching.
Very Informative
Good job
Thanks Prince👍
$2000 per capital income in Nigeria. 99% of Nigerians don’t qualify for a mortgage. Nigeria need to focus on building the middle class not beautiful homes nobody could afford, it’s like putting the cart before the horse. All these Na cosmetics naija people are broke according to the data.
Nigerias GDP per capita is bigger than that
@@michaelabraham8521 So, what is it? divide $400 billion GDP by 200 million People and and that still gives you $2000. Nigerians are broke that is why that SA grocery store left Nigeria. No middle class, just couple of dangotes and 199.999 million broke people. Do you know that mortgage penetration in Nigeria is 1%? How many Nigerians can qualify for a $150k mortgage? very few
Hey where do you get the mortgage penetration data for Nigeria?
@@johnii6305 It's a simple math. Anyway, go to youtube and google "mortgage in Nigeria"
@@adealadejarerealestate u are very wrong I guess u might talking about how shoprite wanna live Nigeria? U should do more research and know the real reason was not because of money because nigeria is shoprites. Biggest market. They wanna live Nigeria because the government is frustrating them with some policies so more. Nigerian grocery stores can take over. And mind you Nigeria's GDP is now over 500 billion
Nice video
Thanks Tim👍
Even homes abroad are cheaper.
You don’t know shii bruh 😂
Thank you for that, thank you for also mentioning the average people in Nigeria, it seems that when there are any kind of development in this kind of magnitude the average Nigerian are left out. Over $100,000 to rent, are you kidding me.
You're welcome Ethel, thanks for your insights👍
Ned🙂Media l discovered your blog a few days ago, I've watched all the Southeast post, l loved it, a job well done, the knowledge and advice in which you Project in your post is fantastic👍🏾 will be looking forward to your next post👍🏾
Wow that's wonderful Ethel🤝👏 Thanks for the compliments and more videos of developments in our amazing country are coming👍
@@NedMedia 👍🏾🙂
Too expensive, how much is house in Abroad? An apartment for for over a million dollars? Beside big men dont leave in skyscrapers...It's usualy for offices where i stay...Even the villa where Messi is living cost how much? This is crazy..
This is obviously targeted at the super rich. Some do shortlets of the apartments for outrageous amounts, thanks Junior for your insights.
I live in New York, most of the rich people live in multi-million dollar skyscrapers. Same thing in Dubai, Shanghai, China, etc.
@@sigerian1085 that is suffering and smiling to me..not even fresh air..over a milion dollar for an apartment just to be locked up in skyscraper ? The wealthy ppl I know live in a villa surrounded by nature..
@@juniorchy4563 Well, that's the Nigerian mentality, where you want to go live in the village. Educated people in other countries, like the excitement of a big city and the view a tall apartment provides. th-cam.com/video/r0fH2RI7tCg/w-d-xo.html
@@sigerian1085 I am not talking of village.. villa I mean is a luxurious country house with courtyard on his own ground,
Why are things not better in Nigeria if there are good changes. There are lots of red tapes disturbing any progress. We need visionary, intellectuals leaders to fix problems created by all those politicians that have ruled Nigeria.
Recession, pandemic, recession. What did you expect😂
#fastgrowing
Sorry but you are just showing us empty space that has been like that for years. Why is there no pronounced construction happening here.?
There's no demand. Even those buildings being builts are not fully occupied
These prices na awa isi.
Yea very expensive.
Amazing city !
I'm wondering why the content had to deviate like 80% from the subject!
Thats pretty much what its going to look like 3 decades from now.
Too much focus on white elephants leads to this type or stagnation.
Is there even organic demand for a project of this type?
13 years later come on guys! please push this project out quicker
Very slow like buhari
200 years project
Go and Visit…EKO Atlantic…You’ll be Happy you Did!
Till then finish your 🍿 Popcorn 🍿😀
@@smoothoperator9845 I’ve been there many times. The towers looks good on the outside but the interior is 🤮. 200 years project
The apartments are too expensive, same standard being constructed overseas don't cost more than 100k per apartment in most cases. Who are they building for? White people to come and live like kings in our land or for black to afford the houses and have a better life?
Thanks Pedro for insight, the apartments are more expensive than equivalent Asian ones.
@@tempusfugit1523 Where do you live?
@@tempusfugit1523 Then you should know better, and understand my point.
@@tempusfugit1523 My dear I own a house in Oslo and vacation home in Barcelona, 4 rented apartments in Oslo where I live. I only shared my opinion which I think is right. You may be a billionaire and can afford it, but the apartments are over priced in usd which even many first class Nigerians cannot afford only the politicians,, super elite companies and foreigner's. Who are the audience to benefit from the development, it should be the nation, or won't you like to own an apartment there, thanks and have a wonderful day.
Which white people,in a country where there is no security.Its for politicians and whoever wants to be in their clique
How much is to going to cost Lagos to finish this Eko Atlantic
They’re building Edo Atlantic when Nigerians don’t have lights. Craziness
Na ur money?
Not everywhere in Nigeria don't have light
Its a private business
It not for government
They will provide there own electricity
@@anricjo6starfootballpes426 .... yes by cumins generator?😂😂
@@mustaphahabib7592 ... Oloribu, what do you know about city developing?
See Dolphin Bridge oh! I have missed Lagos
Nigeria government must to build smart cities with high skylines and good roads and create jobs for the people of Nigeria
I'm little bit at odds now that I see the airport is not a option for ECKO Island ! And The 36 Arena Representing All 36 States * the solution to hungry and sickness , security and education * Most Of All N.U. Nigeria United Cooking Union ! Will Need One Million Kitchen Platforms And Hundreds Of Thousands Cooks ! At comprehensive trick is what ECKO Island turning into too *
The NeighbourHood is not Clean, Well Planned. Too much Walling of Properties... Primitive 1920 open Gutter/ drainage Road NetWorks... Some Storey Buildings are Contemporary, But the Environ is not at all...Architecture should be Inclusive in the Area, And not Jaga Jaga as usual on everything in Nigeria. Planted TREES are not aligned, Traffic Lights, Parking Lots anyhow anyhow. One can clearly see many structures that have nothing in common with the Business District In Quote standing in absolute Disarray.
The high cost of Dangote cement is what is slowing down construction in Nigeria. They government needs to liberalize the industry.
Actually cement is cheaper in Nigeria than in other countries
@@naijapropagator9244 You people will believe anything you are told. I'm in South Africa right now, cement is less than 1800 naira.
@@sigerian1085 yes but it’s still cheaper in Nigeria than in other countries such as Ghana. He didn’t say it’s the cheapest in Nigeria🤦🏾♂️
@@naijapropagator9244 I think steel as well. We need a better mining industry as we have large iron ore deposits
@@favour3609 Is that Indian man your god? He is lying. You can't believe everything you hear.
This project is not executing faster than other projects in the world. Egypt new capital has started way after and look at what they've already done in term of buildings and infrastructure...
BTW Dubai had so much island projects that it is easy to selectively pick the ones that were canceled due to 2009 crisis... Small Dubai completed way more buildings and infrastructures in the last 20 years than the big Lagos state. Odd btw how many wealthy (and often flaunting) Nigerians get arrested and even murdered in Dubai...
Stop being defflective when people are being critical about the mess that is happening, you're not solving anything... In 10 years poorer nations will simply outgrow nigeria ... Nigeria staying a 3rd world country is not an impossible scenario...
Hey,,,, ! Get your Popcorn 🍿 from the Microwave…..
When did you Visit EKO - Lagos???
Nigerians and Lies, It is financially impossible to get foreign investment due to the ridiculously high cost of operations. $600,000 for an apartment building.
Investors have better options across the globe, with $150,000 you can outright buy an apartment in top Asian countries....
That is the real amount don’t be jealous because jealousy kills .
@@russ5011 What in the fake profile are you talking about?
@@gozienkopara4784 you called all Nigerians liars it shows how jealous you are and it will kill you sooner .
These prices to live on the water. ?????
😂🤣
👍👍👍👍💪💪💪🇳🇬
Did you say13 years for $1 billion revenue per year?lol
These roads are laughable, a whole victoria island. These roads should be world class, not these silly interlock.
Interlocks which are a derivative of concrete are better than asphalt for coastal areas with high exposure to rain and swamp - maintenance is lower too, potholes are just a block swap away - asphalt is not sustainable for Victoria Island. For dryer and colder areas, asphalt is better. We should not necessarily copy and paste everything from the West, glad engineers in Nigeria are adapting solutions to fit local challenges.
Why is every vehicle running red lights?
I dont see anything to rival cities like Paris, London or New York, but good luck to them. They have to start somewhere. Who knows what the future holds. I hope they focus more on populating the city with proffessionals and providing affordable housing rather than just cramming it with high rise office blocks that nobody can afford to maintain.
You expect Nigeria's Smart City to rival against NY?😂 It can't even rival Tokyo and Singapore even in least developed countries in Asia😂.
@@Feroxx65 Where did I say I expect Nigeria to ever rival New York, or rival anywhere for that matter? Your reading comprehension is way off.
Why building expensive home.... while middle needs
Is a billion dollars a year contribution to the economy enough?
Its an estimated tax revenue from the city, but it will definitely grow, thanks for watching.
13 years after land reclaiming start not constructing.
It's A Difference When The Medicine In The Food *
Learn from past mistakes. Tommorow big project give Chinese.
Bros them no dey complete this project
Hasn't changed much but new projects have started there recently.
Possible write offs
The problem is not houses but lack of maintenance. The water will reclaim itself. '. Atlantic sea.'
Running red light?
Watch it again, the red light is for left turn. The green light is by the right.
Guy dey record dey run red light any how, or is it just me?
No the red light is for left turn, watch it again.
Think herbs, agriculture, no food,. Nigeria needs forest or else there will be inbalance in weather.
Lol seems u haven't been to Nigeria before
Look at pollution in Lagos.
This is my take. This project is over rated to say the least over hyped. Seeing this project after almost 14 years by now, no investors in his right mind would invest his millions on this huge desolate desert. I'm quite certain if the momentum of this snail-like progress is sustained that only 3-4 buildings are erected for almost 14 years, normally investors would back out of their investment and it will take another 60-100 years to have this project completed with fully city vibe experience. However, sad to say that most of the investors (Those who did not back out) will have been already in their graves. According to the documentary I've seen 60% of Lagos are living below the middle income class how can they afford to buy a flat or a condo unit in eko atlantic given their worst condition? The fact say for itself.
APC government slow down this projects, sad though.
Hi.. that's just waste of Money. Someone better invest..
What an over exagerration!
This will be finish in 100 years
Progress is too slow. Maybe you need help from China.
All of them making mouth every day
So cooking the food of 2.1 million meal's and the e.c.o food stamp currency from A.U. global Institution model in War Destroy Cities Of Yemen,Syria, Afghanistan,Gaza,Myiarama,Buhtan * key is cook the food to end National scarcity * an in return Feed Asia Campaign ( Heal The World ) article
Hahahaha slooow lol 13 years and this is all you got?? Hahahahahahahahahahahahahaha my God nigeria really really need to catch up..the dubai one you are talking about is already HALTED because of controversy lol while this one is "in construction" but it seems not likely lol east asian reclaimed projects only take 10 years to finish lol
Good job
Thanks Prince.