SPECIAL REPORTS

In recent days, I have been involved in numerous discussions with several friends who have touted their fears about the viability/ eventual take off of the Lekki Free Trade Zone Project due to the risk associated with the "Nigerian Factor". Being a keen observer of socio-economic trends, especially as it relates to business, I have decided to shed some light on one project under construction that is leveraging on the presence of the LFTZ & gaining massive global attention.

View below the reports on the Dangote Refinery Project currently under construction.

*Top 21 Facts About Dangote’s Most Ambitious Project Yet*

In the year 2013, the wealthiest black man on the planet, a Nigerian teeming with foresight, Alhaji Aliko Dangote, announced plans to build a refinery.

Recently the Central Bank of Nigeria’s governor was taken on a tour of the project by Dangote. Several media houses were in attendance.

Here are some of what we learned:

[1] Over $4 billion worth of equipment currently sits on the site.

[2] The project is slated to cost $14 billion (N2.8 trillion) of which Dangote is contributing $7 billion in equity.

[3] The project site is larger than Victoria Island. It is located on 2135 hectares of land in Ibeju Lekki, Lagos near the Lekki Free Zone

[4] It is the largest industrial complex in Africa

[5] Work goes on, on the site, 24 hours a day, 7 days a week

[6] World Record 2.72 million accident free hours recorded on site, without a single lost time to injuries

[7] It is the largest single train grass roots refinery in the world with a processing capacity of 650,000 BPSD

[8] Dangote Group brought in the world’s #1, #2, and #5 sand dredgers to sand fill the site. 60% of the land being swampy. So far these dredgers have reclaimed 13 million m³ out of 30 million m³

[9] During construction, the project will employ over 25,000 Nigerians

[10] Dangote is investing over $7 billion (N1.4 trillion) in the project

[11] It is the largest single train refinery project on the planet

[12] When this project comes online, Nigeria will save a minimum of $10 billion a year on imports

[13] The Ammonia component of the plant will produce 2.8 million tonnes of Urea

[14] Dangote is producing its own electricity to power the plant and by so doing is saving 75% costs. Dangote produces electricity at a rate that is significantly cheaper than the Federal Government. Dangote’s cost is $400,000/MW, while Federal Government is $2,000,000/MW

[15] All the civil engineering is done by Nigerian companies

[16] The plant has an export value of $6 billion per annum, meaning Dangote’s efforts will increase the amount of foreign exchange in Nigeria’s foreign reserves by at least 40% of current value on a yearly basis

[17] Dangote said when this project comes on line, his friend Femi Otedola will save at least N26 per litre on millions of litres of diesel and petrol which his companies import annually. This savings will be passed on to the consumers and it will take a lot of pressure off the banks

[18] Billions of Naira were paid to acquire the land and to settle the existing communities. More money was also allocated and spent to relocate the existing communities

[19] This project will restore the dignity of Nigeria, a crude producing country that has for years gone abroad to meet its demand for refined products

[20] Refined products to be produced at the plant include but is not limited to propane, petrol, Jet Fuel, Diesel, Kerosene, Carbon Black, Polypropylene, Polyethylene

[21] The United States Trade and Development Agency is supporting this project with $997 million

_*- Culled from Herald NG*_

For more information, contact/whatsapp Folu on 08077162442 or send emails to folexzy4@gmail.com and take advantage of real estates opportunities in the area.

Do you intend to become a landlord in the new business hub of Africa?

If your answer is YES to the above question then let me first congratulate you because the information you’re about to read will motivate you towards achieving your goal of becoming a landlord within a short period.

You must have been hearing about Ibeju Lekki and the massive development that is set to hit that axis of Lagos in the shortest period of time.

This development I’m talking about is so massive that almost 80% of virgin lands there has been sold out because the pressure on demands are high and as expected, the value of land is increasing every day.

If you want to take a share out of the ‘profit pie’ of the many potentials and opportunities hitting this axis, now is the best time to key in because, If care is not taken those who do not buy lands now that it is available will rather settle for the ocean at several millions of naira.

You might be wondering why l am saying this, but, it's the actual fact.

Our goal this year as estate consultants is to help as many families as possible to become landlords this year in many of our estates springing up in Ibeju Lekki.

Why choose Ibeju Lekki out of the numerous places someone can buy land in Lagos?

First of all, I want you to know that buying land either for keeping or, to construct a structure on it is all for investment purposes.

And, one of the many things that we all should always look out for when buying a piece of land is the economic indicators and government policies in respect of your choice location because they are determinant factors that contributes to land appreciation all over the world.

What are these Economic Indicators and Government Policies?

They include:
• The Lekki Free Trade Zone (LFTZ)
• The Export Processing Zone (EPZ)
• China Free Trade Zone (CFTZ)
• Dangote Petrol and Petrochemical Refineries
• Dangote Cement Factory
• New Deep Sea Port
• New International Airport
• Fourth Mainland Bridge
• Pan Africa University (Permanent Site)
• La Campagne Tropicana Beach Resort ( Already Present)
• Presence of Several 21st Century Standard Residential Estates.

If you look at the long list of developments springing up here at once, then you have no choice than to succumb to my claims that Ibeju Lekki is the new heart beat of Lagos.

If you’re capable of investing here or you have someone capable, the best advice which you or that person will appreciate most is to invest your money here no matter what.

In 2019 – 2020 when most of these projects will be completed, you won’t remember the pain you took to buy landed properties in Ibeju Lekki, rather, you’ll be excited with yourself for how wise and brilliant you were by investing your money in real estate properties.
purchase your land and secure your future now that the prices are still damn cheap.

Contact/whatsapp Folu on 08077162442 or send emails to folexzy4@gmail.com to take advantage of this great opportunity.

The Lagos State Government and the City of Dubai on Monday entered into a partnership that authorities say will see Lagos emerge as the first Smart City in Africa.
The Memorandum of Understanding (MoU) for the Lagos Smart City was signed at the Emirate Towers, Dubai, by the Lagos State Attorney General and Commissioner of Justice, Adeniji Kazeem and the Chief Executive Officer of Smart City Dubai LLC, Jabber Bin Hafez.
The signing of the MOU was witnessed by the Chairman of Dubai Holdings, Ahmad Bin Byat who is also the Deputy Prime Minister and the Lagos State Governor, Akinwunmi Ambode.
A Smart City is a growing concept that draws from the success of Dubai’s innovative knowledge-based industry clusters to empower business growth for companies and knowledge workers all over the world.
Governor Ambode in a statement signed on Tuesday by the State Commissioner for Information and Strategy, Steve Ayorinde, said the Smart City (Lagos) was 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.
“This is a deliberate attempt by us to establish a strong convergence between technology, economic development and governance.
“The MOU is between Lagos State Government and Dubai Holdings, LLC, owners of Smart City (Dubai) to develop a sustainable, smart, globally connected knowledge-based communities that drive knowledge economy,” Governor Ambode said.
The Governor stated that the collaboration was part of the larger vision to make Lagos safer, cleaner and more prosperous.

For more information, contact/whatsapp Folu on 08077162442 or send emails to folexzy4@gmail.com and take advantage of real estates opportunities in the area.

Ambode, Osinbajo and FEC Members During an Inspection Tour of Dangote Refinery, Petrochemical, Gas Plant at LFTZ
25th June, 2016
- Lagos WatchDog

...Refinery and Petrochemical projects will boost Nigeria's economy- Ambode
...Gas project will stabilize nation's power needs- Osinbajo
...Lagos is investment friendly- Dangote

Lagos State Governor, Mr. Akinwunmi Ambode on Saturday said that the refinery, petrochemical, gas and fertilizer projects being undertaken by Africa's richest man and business mogul, Aliko Dangote at the Lekki Free Zone (LFZ) in Lagos would significantly boost the economy of Lagos and Nigeria in general.

Governor Ambode who spoke to newsmen shortly after an extensive inspection tour of the projects by the Nigeria's Vice President, Prof. Yemi Osinbajo and some members of the Federal Executive Council, said the projects would have great multiplier effects on the nation's economy.

He said, "Firstly, there is a refinery project that is ongoing, second there is a petrochemical project that is also ongoing. There is pipeline transfer project that brings gas from Bonny down to Olokonla and down to Lekki and then the fourth one is the fertilizer project all in one location."

He said the projects would also be critical to the economic growth of the Lagos East and West Senatorial Districts which according to him, will be open to massive investment opportunities on completion.

Governor Ambode said the decision of the Vice President to lead the inspection visit to the projects was a signpost to the benefits inherent not just for the State but to the nation.

He assured that his administration would provide the necessary support to ensure that the projects are completed within schedule.

"The coming of the Vice President to inspect this project is instructive and a sign post that the Federal Government is in support of what is going on us and the truth is this, we might not be able to show you all that is going on here but in another few weeks, we will do an aerial view of this project and also do a documentary because for the very first time we are going to have a Petrochemical project that is coming on stream by December 2017; a Refinery that is coming on stream by the first quarter of 2019 and also the Gas project that is coming on stream by 2018. You can just imagine or visualize what that means to the economy of Lagos," Governor Ambode said.

He added that apart from the 135,000 direct jobs that will be created from the projects, another 100,000 indirect jobs would be generated while income accruable to the Federal Government would be in the region of over $500million in three years.

"It is important that we understand the debt of what has happened here and also use it as a platform to encourage other investors that Lagos is on the rise and the future of Lagos is very bright," the Governor said.

Osinbajo, while addressing newsmen after a project briefing at the LFZ, said the project as a whole is an incredible industrial undertaken being the largest and the most ambitious in Africa.

The Vice President who was accompanied on the inspection by the Ministers for Finance, Kemi Adeosun; Solid Minerals, Dr. Kayode Fayemi and Power, Works and Housing, Mr. Babatunde Fashola and Industry, Trade and Investment, Mr. Okechukwu Enelamah, said the Gas Project upon completion has the capacity to produce about three billion cubic feet of gas daily, which would permanently address the two billion cubic feet daily gas required to power the country.

"This is incredible if that can be done because it would be a major strategic asset for Nigeria, It would boost our power supply tremendously," the Vice President said.

On his part, Alhaji Dangote said the decision to site the projects in Lagos was due to the investment friendly climate in the State.

"Lagos is one State that is very investor friendly and the Governor himself has always been asking what are the issues and he normally put in place steps to resolve those issues immediately,” he said.

He said the Gas Pipeline Project would guarantee uninterrupted power supply in Lagos on completion, which he said would also positively increase the State's Gross Domestic Project (GDP).

Dangote further said the projects would also attract other bigger investors into the Zone.

He also said the projects would benefit the local communities as at least 65 per cent of people in the catchment area would be employed, while over 1000 would be trained.

"Our target is that in the next five years or so from now, we hope and we believe that half of Nigeria's crude will be refined and exported rather than just exporting crude to go and create jobs elsewhere," Dangote said.

N.B

Don't just read and be current on the developments happening in that area until the whole project will be completed and functional. Be wise and tell stories of how the place started developing and how you took advantage of the area when it was still very affordable.

For more information and investments, contact/whatsapp Folu on 08077162442 or send emails to folexzy4@gmail.com and take advantage of real estates opportunities in the area.

*OPTIMIZING THE HOLIDAY FOR INSPECTION OF THE FREE TRADE ZONE*

Good morning Friend, by popular request I have decided to use this holiday season to throw open this invitation to visit the Lekki Free Trade Zone area for site inspection of our estates in the area.

As you will agree with me based on my recent posts on the LFTZ, the opportunities associated with the Free Trade Zone have recently been on the increase and worthy of a deeper review. In recent times, there's been a flurry of activities as the CBN governor, BBC, CNN, the Vice President, Fashola, Fayemi, Kemi Adeosun, Femi Otedola & several other Federal Executive Council members have carried out official visits/ reportage on the massive projects there.

The zone which is currently tagged the *"NEW LAGOS"* is billed to house infrastructures such as:

*√ The Free Trade Zone*
*√ International airport*
*√ Pan African University*
*√ Dangote refinery*
*√ Petrochemical + Fertilizer plants*
*√ 12,000MW Power Project*
*√ Deep Sea Port*
*√ 4th Mainland Bridge*
*√ 2 Golf courses*
*√ Beach resorts*
*√ & several Gated residential estates*

In light of this, my advise is: you do a personal review of potential gains as it impacts your own economy.

There are already several interested participants and limited spaces, you will therefore need to confirm your interest either by call or in response to this message today. This is to aid our planning and logistic support.

*DATE: Tuesday & Wednesday*
5th & 6th July 2016

*Take Off Point:*
*(i) Ogba*

*Link Up Points:*
*(ii) TBS/ Race course*
*(iii) Abraham Adesanya* Roundabout, Ajah
*TIME: 10am* from Ogba

Please ensure you send me your notice of interest & date of choice before the end of today. If you will be driving, please also indicate as this will further aid our planning.

I look forward to taking you on this very insightful and enlightening tour. Have a great day ahead as I await your *CONFIRMATION*

*NOTE:* You may invite or forward this message to friends however you/ they will also need to confirm their attendance.

Cheers & Best Regards.

For more information, contact/whatsapp Folu on 08077162442 or send emails to folexzy4@gmail.com and take advantage of real estates opportunities in the area.

*LIST OF PROPERTIES ALONG THE FREE TRADE ZONE*

*1. BLEVIC GARDENS*
Title: Excision (under Processing)
Location: 3 minutes drive from La Campigne Tropicana
Size per plot: 600 square metres
Price: N700,000

*2. PARADISE GARDENS*
Title: Gazette
Location: About 10 minutes drive from the Free Trade Zone
Size per plot: 648 square metres
Price: #2.5M outright, #100k per month for 30 Months.

*3. Graceville Court 2*
Title: Gazettee
Location: About 9 minutes from the Free Trade Zone
Size per plot: 550 square metres
Price: #1.3Milion (outright); #250k monthly for 6 months.

*4. CERISE GARDENS*
Title: C of O
Location: About 8 minutes drive from the Free Trade Zone
Size per plot: 648 square metres
Price: #2.7Million (outright); #500k per month for 6 months
Promo Price: #1.7M

*5. OAKWOOK GARDEN 2*
Title: C of O
Location: About 7 minutes drive from the Free Trade Zone
Size: 648 square metres
Price: #5.4M

*6. ROCKVILLE COURT*
Title: C of O
Location: About 7 minutes drive from the Free Trade Zone
Size: 648 square metres
Price: #3 Million

*7. UPTOWN COURTS*
Title: C of O
Location: About 7 minutes drive from the Free Trade Zone
Size: 648 square metres
Price: #2.5Million

*8. CHERRYWOOD COURTS*
Title: C of O
Location: About 7 minutes drive from the Free Trade Zone
Size: 648 square metres
Price: #2Million

For more information, contact/whatsapp Folu on 08077162442 or send emails to folexzy4@gmail.com and take advantage of real estates opportunities in the area.