Oba Saheed Ademola Elegushi, the Elegushi of Ikate Kingdom laid out his vision about the city in his palace while receiving some American investors interested in the project.
Friday, 12 February 2016
WOW! Elegushi Family In Lagos To Build $300m Imperial Int’l Business City
Money talks! The Elegushi Royal Family has revealed plans for the
establishment of a $300m new Imperial International Business City
(IIBC). The new 200 hectare city will be built on reclaimed Lagoon
extension of the kingdom and will also be the first eco-friendly smart
business city in Africa.
Oba Saheed Ademola Elegushi, the Elegushi of Ikate Kingdom laid out his vision about the city in his palace while receiving some American investors interested in the project.
The Oba said the idea of a smart business city will help address the
housing deficit in Lagos state and also change the landscape of real
estate in Africa. The project will be a Joint-Venture between the Royal
Family and Channeldrill Resources Limited and will commence in April
2016 with land reclamation.
Oba Saheed Ademola Elegushi, the Elegushi of Ikate Kingdom laid out his vision about the city in his palace while receiving some American investors interested in the project.
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