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FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja - Politics - Nairaland

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FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by AmazingELixir(op): 8:54pm On Jul 23, 2025
The Federal Capital Territory Administration, FCTA, has signed a Memorandum of Understanding with MAG International Links Ltd, a private investor, for the development of City Walk Abuja.


Speaking during the ceremony in Abuja on Wednesday, the FCT Minister, Nyesom Wike, said that the project would be a replica of City Walk Dubai.

The project, which would cover about 200 hectares, was inspired by the City Walk concept in Dubai. It will bring together a thoughtfully curated mix of residential, commercial, retail, hospitality, institutional and healthcare facilities.


Wike said that the MoU was to ensure the company delivers the project based on agreed work plans and timelines.

“I wish to say that the company has submitted their drawings, which have been approved, and their Certificate of Occupancy, C-of-O, is ready.

“But we have to sign an agreement such that if you don’t comply within the outlined specification and agreed timeline, then we have the right to revoke the land.


“We are not going to just give you a C-of-O and then nothing happens. We will not accept that again,” he said.

He pointed out that many people had collected land for mass housing and other developments “but ended up as land speculators, selling the land. We will not accept that.

“People have collected 200 hectares, 300 hectares and in 20 years nothing has happened. We have changed that pattern, so we are going to monitor the developments strictly,” he said.


He said that Abuja City Walk would be developed in the area earlier designated for Abuja Technology Village, located along Airport Road, which had remained undeveloped for the past 20 years.

"I want to make it clear that we have had problems with land grabbers in Abuja Technology Village, even those in the technology village are part of the problems.

“In the past 20 years, nothing has happened in the area and therefore, I would not like to lose this opportunity that we have seen investors who really want to invest and develop the land for the good of the city.

“If anybody has gone to Dubai and has seen the City Walk, there is no way you will not appreciate and encourage investors that are willing to do the same in Abuja.

“This is because the whole essence of the ‘Renewed Hope Agenda’ is not only to bring investors, but also to create employment for our people,” he said.

The minister said that the project would be developed in phases, with foundation laying expected to take place between July and August. He added that the first phase of the project would be completed and delivered in May 2026, to celebrate President Bola Tinubu’s third year in office.

Describing the project as crucial to the development of Abuja, Wike assured the investor of full support, as directed by Tinubu, to encourage investors to invest in the FCT for national development.

He said that the FCT would provide access roads to enable the investor to begin work on the site immediately.

“The Executive Secretary, Federal Capital Development Authority is doing his best to see that there is no delay in this project.

“We have made sure that legally nothing will hinder the company from executing the project.

“To encourage them, Director Development Control is here to make sure that nobody obstructs them and the Director of Land is here to make sure they have access to their land,” he added.

The Executive Director of the company, Dr Kassim Gidado, noted the ongoing transformation in the FCT, which he said had increased investors’ confidence to make returns on investment.

Gidado assured the minister that the City Walk Abuja would not replicate the one in Dubai but edge it.

According to him, the project would be built to suit local cultural and traditional flavour and transform the Lugbe axis completely.

“This development represents a bold new direction for real estate in Nigeria, blending elegance, sustainability, and economic value to create a truly world-class destination.

“The City Walk Abuja, a landmark master-plan will redefine urban experience in the FCT,” he said.
https://dailypost.ng/2025/07/23/fcta-private-investor-sign-mou-to-replicate-dubais-city-walk-in-abuja/

Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by Tsarbomba(m): 9:32pm On Jul 23, 2025
If tinubu can do this, then he will be worship like God. First to comment 🔥🖐️
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by twilliamx(m): 6:18am On Jul 24, 2025
Nice one....Not enough original content
Please take a moment to write a quality post with at least 40 characters.
This will make the forum more interesting for everyone.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by kingyang: 6:21am On Jul 24, 2025
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by tollyboy5(m): 6:23am On Jul 24, 2025
The rate at which Abuja is competing with Lagos is massive.
Before it use to be rivers and Lagos but rivers has been left behind to join her colleagues like Kano.

Lagos and Abuja are in the same class of alpha
Rivers and Kano beta version
While Enugu, Kaduna, Ogun, Oyo are age mates. The rest states in Nigeria are villages
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by helinues: 6:30am On Jul 24, 2025
Do we need extravagant projects at the moment? The answer is No
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by ideymy: 6:35am On Jul 24, 2025
For some of us that have not been to Dubai, pls post a picture or short clip of city walk Dubai for us abeg
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by creativejagaban: 6:36am On Jul 24, 2025
tollyboy5:
The rate at which Abuja is competing with Lagos is massive.
Before it use to be rivers and Lagos but rivers has been left behind to join her colleagues like Kano.

Lagos and Abuja are in the same class of alpha
Rivers and Kano beta version
While Enugu, Kaduna, Ogun, Oyo are age mates. The rest states in Nigeria are villages
What about anambra grin
The gbajue state which is now Dubai grin
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by AmazingELixir(op): 6:36am On Jul 24, 2025
helinues:
Do we need extravagant projects at the moment? The answer is No
Baba... you want to tell an investor how to spend his/her money...na wow oo cheesy
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by Reference(m): 6:39am On Jul 24, 2025
Along Airport road....nawa oh.

Abuja is not well planned at all.
Is this to become another city centre or what.

Hindsight shows the CBD was just too small and the proximity of residential areas to it has created zones of distortion.

I'd like to see how this will work and how they will link both zones.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by koxyz: 6:42am On Jul 24, 2025
When it comes to projects, give it to Woke.That is one thing he knows how to do.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by alanto: 6:51am On Jul 24, 2025
tollyboy5:
The rate at which Abuja is competing with Lagos is massive.
Before it use to be rivers and Lagos but rivers has been left behind to join her colleagues like Kano.

Lagos and Abuja are in the same class of alpha
Rivers and Kano beta version
While Enugu, Kaduna, Ogun, Oyo are age mates. The rest states in Nigeria are villages
Rivers under Wike was racing then comes the all knowing man. Na Fubara himself de explain for TV how him don build plenty projects but no evidence. N800b+ budget but no evidence.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by alanto: 6:53am On Jul 24, 2025
Reference:
Along Airport road....nawa oh.

Abuja is not well planned at all.
Is this to become another city centre or what.

Hindsight shows the CBD was just too small and the proximity of residential areas to it has created zones of distortion.

I'd like to see how this will work and how they will link both zones.
The investors must have seen the site. You can't know more than people that will be investing hundreds of millions in dollars.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by free2ryhme: 6:58am On Jul 24, 2025
AmazingELixir:
https://dailypost.ng/2025/07/23/fcta-private-investor-sign-mou-to-replicate-dubais-city-walk-in-abuja/
They will embezzle the money before anything

Dubai they didnot create since inception of democracy is the Dubai they want to create now that thieves are rogues are rampant in government
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by Johnthesuccess: 7:41am On Jul 24, 2025
helinues:
Do we need extravagant projects at the moment? The answer is No
That is a PPP arrangement. The government provide the land while the investors bring in the fund for the development.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by fxexperts: 7:54am On Jul 24, 2025
free2ryhme:
They will embezzle the money before anything

Dubai they didnot create since inception of democracy is the Dubai they want to create now that thieves are rogues are rampant in government
Keep deceiving yourself oga. Doubting Thomas ehhh.. keep doubting. There is nothing the government will do that will make the likes of you happy. So keep doubting.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by dangermouse(m): 7:55am On Jul 24, 2025
ideymy:
For some of us that have not been to Dubai, pls post a picture or short clip of city walk Dubai for us abeg
Something similar to FESTAC town Lagos. Only modernized.

No biggy.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by Jaylord12(m): 8:18am On Jul 24, 2025
Tsarbomba:
If tinubu can do this, then he will be worship like God. First to comment 🔥🖐️
Personalise it....I just pity you.....how can you worship human being like God
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by 2tpick: 10:55am On Jul 24, 2025
Abuja is beginning to make more sense but more expensive. Purchasing power has to improve so Nigerians can benefit from these developments.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by Nobody: 11:18am On Jul 24, 2025
ideymy:
For some of us that have not been to Dubai, pls post a picture or short clip of city walk Dubai for us abeg
Very poor journalism up there..
They wrote it as of all the readers have been to Dubai and are actually acquainted with the concept.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by Ibehchizzy: 11:38am On Jul 24, 2025
Tsarbomba:
If tinubu can do this, then he will be worship like God. First to comment 🔥🖐️
na ur 👨 go worship am as god hey-woo





Dhdhjdr heuristic u
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by free2ryhme: 1:29pm On Jul 24, 2025
fxexperts:
Keep deceiving yourself oga. Doubting Thomas ehhh.. keep doubting. There is nothing the government will do that will make the likes of you happy. So keep doubting.
When dem build the dubai by all the house and mansions make only una dey use am . delulu
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by johngwain: 2:28pm On Jul 24, 2025
Nyesom wike, Mr project, you have really done very well in transforming Abuja
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by Mrexcell(m): 4:42pm On Jul 24, 2025
tollyboy5:
The rate at which Abuja is competing with Lagos is massive.
Before it use to be rivers and Lagos but rivers has been left behind to join her colleagues like Kano.

Lagos and Abuja are in the same class of alpha
Rivers and Kano beta version
While Enugu, Kaduna, Ogun, Oyo are age mates. The rest states in Nigeria are villages
Tinibu stopped river's development he has deliberately refused to lift fubara suspension so that rivers can continue with their natural development.
Re: FCTA, Private Investor Sign MoU To Replicate Dubai’s City Walk In Abuja by fxexperts: 2:08pm On Jul 26, 2025
free2ryhme:
When dem build the dubai by all the house and mansions make only una dey use am . delulu
Okay so that is your real problem abi. i sight you continue.
1 Reply

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