See what I just read in the papers! can this be true?? I need to position myself o! Abeg I need genuine plots of land in Badagry! If possible sef, put the picture of the land and the VIN here on nairaland! ! I am serious!

New $3b Lagos holiday resort debuts soon

AS a direct response to the Federal Government's long spanning foreign investment drive, a complete business and Holiday Resort in Badagry, Lagos State is to become operational soon.

It is being developed by The MotherLand Group, one in the circle of the potential investors, lobby groups, top American businessmen, intellectuals and friends of Africa, who met with the Nigerian delegation to the inauguration of President Barack Obama last month.

Fielding questions from The Guardian, the Chief Executive Officer of the group, Gary Loster, an African American, disclosed that the $2.9 billion project billed to position Badagry, as the tourist hub of Nigeria will start by June this year, with a gradual release of products before its completion in 2012.

It will house the Nigerian Theme Park spoken gloriously about by tourism experts, Condominiums, a golf course, casino, Jacksons musuem, amphitheatre and even casinos.

Tracing his roots to Nigeria, Loster maintained that Badagry has all it takes to become Africa's prime tourism centre.

"It was a famous slave coast. We remember it. There is a lot of nostalgia about this beautiful Nigerian site. We are working with the private sector and the state government to upgrade the infrastructure in the area. In the mould of the Disney world in Florida, lots of revenue will be generated as it is done all over the world through the touristic revenue traffic. This is our contribution to the need to invest massively in Africa," he said.

Addressing the Nigerian delegation and friends of Africa representatives during one of the inaugural balls last month, Loster said, "the Badagry project is not just about a massive investment. It is a historical project. What we are looking at is being able to go to Badagry and re-enact actually what happened. As we know, a number of slaves were taken from Badagary. I believe its in excess of half a million. We want to make sure that the world knows about the important contribution that Nigeria made to the U.S and the Caribbean but at the same time, we want to put a amphitheatre, a museum so that remember who and what happened in Badagry."

He continued, "what it also means for Nigeria is that we want to employ our people. We have private investors, who are also working with us in the project. We want to educate our people. Its going to increase tourism and bring new opportunities for the local people. Put people to work. So its going to be a wonderful project. By the economic law, it will employ Nigerians and bring people from the U.S and Europe to begin to visit and see how wonderful Nigeria is and what it has to offer."

On the impact of President Barack Obama's emergence on the new investment drive and the organisational strength of the group, he said, "its all in the spirit of can do. Our group is a professional organisation made up of lawyers, businessmen and financial experts, who are looking at working with Africa and in particular Nigeria. We seek faith in Nigeria where political education has become necessary.

It will underline the economic impacts that we can have with the U.S-Nigeria relations, as well as, the region of Africa. That today's American president is from Kenya is very important. He also has an understanding now with the continent. Now we can join hands with our brothers and sisters in the Diaspora."

During the American inauguration, some state governors were also in Washington ostensibly to take advantage of the influx of leading captains of industry and influential politicians to try and swing investments to their states.

These included Senator Gabriel Suswan (Benue), Liyel Imoke (Cross River), Chief Timipre Sylva (Bayelsa), Rotimi Amaechi (Rivers) and Godswill Apkabio (Akwa Ibom).

It was also a good opportunity for the inauguration of the US chapter of the African Business Round Table by another group led by its Chairman, Barmanga Tukur. The consultations and high stake meetings were plethoric. Apart from the MotherLand Group, there were meetings also with the National Small Town Alliance, the World Alliance of Mayors, as well as, a member of the powerful black congressional caucus Marcia L. Fudge.