At this rate, it won't be ready in 10 years' time, maybe 30 years, considering it has been 14 years since construction first began and only a couple of towers have been completed so far.
i leave in Holland they just dont build people have to pay before constuction start,so if nigerians want Eko atlantic to be completed fast they have to start buying in nigeria instead of buying in DUBAI
When outsiders come in a complex commercial situation like Nigeria, one cannot fail to ask what is in for the locals, beside the futuristic narrative and the picturesque constructions, i seriously doubt that the average or low income Nigerian will be able to afford rent in "Eko Atlantic", conversely the rich, the criminally rich and the speculators will find peace and safe abode, from the less well off, deluding themselves that they are living abroad. But this is Nigeria where Oyinbo speak and the majority switch off thinking.
All of this sounds like a good thing for the progression of Nigeria but I'm not hearing anyone speak on the issue San Francisco is threatened with constantly. Building on sand seems to set the build site up for the same issues San Francisco is faced with like liquefaction and earthquakes that happens as a result of building on sand.
@@willaimslorenzo9314 A few new buildings have already kicked off. We have some more coming up in the next year. We'll do better to bring more updates in the future :-)
Let me get this right-Eko Atlantic is only responsible for building the reclaimed land and NOT for the developments on it. Wow, this is such a risky undertaking as you have no guarantee that you will have enough clients willing to develope there unless you already have a list of clients already signed up! Since he doesn't look worried at all, I'm afraid the Nigerian government may have already secretly decide to underwrite the entire project should it fail.
He's a 3rd generation Lebanese-Nigerian from one of the most prominent Lebanese-Nigerian families. What's wrong with it? No different from Nigerian-British like David Oyelowo. No shortage of successful billionaire black Nigerian real estate developers. Lebanese-Nigerians are the minority in this industry. You should Google Banana Island in Lagos, the most expensive estate in Nigeria which also was a landfill project just like Eko Atlantic. And Banana Island was 100% conceptualized, designed, built and managed by Black Nigerians.
