STATEMENT OF FACT: INVESTMENT IN LAND PROPERTIES

Governor Ambode in a statement signed on Tuesday by the State Commissioner for Information and Strategy, Mr. Steve Ayorinde, said that the Smart City (Lagos) is expected to bring multi-billion dollars investments to the State, create thousands of jobs and transform the Ibeju-Lekki axis in particular and the entire Lagos State in general.

He said: “A Smart-City Lagos will be the pride of all Lagosians just as we have Smart City Dubai, Smart-City Malta and Smart-City Kochi (India).

We are encouraged by the fact that we do not, as a government, need to develop at a
slow pace, but take full advantage of the digital age and fast track development of Lagos to a real megalopolis that we can all be proud of.

“The future is ours to take. It also marks the first smart city in Africa when completed.”

The Governor added that apart from creating jobs for the people, the project would also become the world’s first carbon neutral city.

“Lagos,” he said, “will become an important centre for innovation in smart technologies, wellness and destination for green tourism.”

When completed, the Smart City Lagos will have, among other features: a 12-lane road, hotel resorts, world-class technological education facilities, a rail metroline, to mention but a few.

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