{"id":1864,"date":"2017-03-13T04:12:27","date_gmt":"2017-03-13T04:12:27","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/dangote-refinery-free-trade-zone-lift-lagos-real-estate\/"},"modified":"2017-03-13T04:12:27","modified_gmt":"2017-03-13T04:12:27","slug":"dangote-refinery-free-trade-zone-lift-lagos-real-estate","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/dangote-refinery-free-trade-zone-lift-lagos-real-estate\/","title":{"rendered":"Dangote refinery, free trade zone lift Lagos real estate"},"content":{"rendered":"

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\"\"On-going public and private sector synergy leading to the development of Dangote Refinery Project and Lagos Free Trade Zone (FTZ) have been received by the real estate<\/a> community last week with mixed feelings, with the leadership of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) decrying the non-involvement of members in the investment opportunities along the Ibeju-Lekki axis.
\u00a0 \u00a0
The projects were the focus of NIESV Lagos branch\u2019s 2017 Business Luncheon under the theme: The Dangote Refinery Project and FTZ \u2013 Capturing the Real Estate Opportunities<\/a> organized by the MCPD sub -committee.
\u00a0 \u00a0 \u00a0
The guest speaker, Mr. Paul Osaji, an estate surveyor, disclosed that some private sector developers as well as the Lagos State Government have provided housing<\/a> within the neighbourhood of the Lekki Free Trade Zone and Dangote Refinery Site for the workers at these locations.\u00a0<\/p>\n

\u00a0 \u00a0
He stated that the developers of Sapphire Garden \u2013 (POC Nigeria Limited) and Eko Akete (Lagos State Government) have provided accommodation for about 1,000 staff of Dangote refineries.\u00a0 Other developers and estate outside the zone are providing accommodation for the skilled and unskilled workers working in the zone.
\u00a0
Chairman of the Lagos branch of the Institution, Mr Offing Samuel Ukpong, who set the tune of the event, lamented that despite the huge investments in the Ibeju-Lekki corridor, the land economists have not tapped into the opportunities created by the projects.\u00a0
\u00a0\u00a0
He said that members should be interested in the land values of these investments, relocation of existing dwellers outside the three kilometers radius of the plant, compensation<\/a> and land uses surrounding the area.
\u00a0\u00a0\u00a0
The Regional Director, Lagos, First City Monument Bank,\u00a0Bukola Smith, noted that the\u00a0 real estate sector as other sectors of the economy has been severely beaten as there are reduction in occupancy rates, adding that despite all these opportunities\u00a0 exist for the sector.\u00a0
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NIESV Deputy President, Emmanuel Wike, said the Institution is built on continuous learning and new trends are emerging in technology, if the members refuse to follow, they will lose steam in the global community.
\u00a0
He said that Lagos branch\u00a0is setting another pace by going to valuation and other business opportunities surrounding a proposed business venture that is bringing huge financial benefit to the country.\u00a0Wike urged the branch members to work towards becoming a major player in the proposed project.
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On-going public and private sector synergy leading to the development of Dangote Refinery Project and Lagos … Dangote refinery, free trade zone lift Lagos real estate<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1865,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[4751,1398,1399,344,1402,684,1384,3058,544,522,41,818,84,857,3059,12],"class_list":["post-1864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-amazing","tag-developers","tag-development","tag-housing","tag-ibeju-lekki","tag-lagos","tag-lekk","tag-location","tag-mesothelioma","tag-nigeria","tag-property","tag-real","tag-real-estate","tag-real-estate-sector","tag-relocation","tag-surveyor"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":95285,"url":"https:\/\/amazingproperty.com.ng\/blog\/land-for-estate-development-lagos-island\/","url_meta":{"origin":1864,"position":0},"title":"Land For Estate Development Lagos Island","author":"Amazing Property","date":"January 21, 2023","format":false,"excerpt":"Land for estate development in Lagos Nigeria? 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