LAND MATTERS

LAND MATTERS 35.0

Ibeju Lekki: A Unique Attraction for the Eagle-eyed Investor.

Frequently Encountered Objections (Conclusion)

You will agree that the balloon of objections manifesting as: "It is far," "I want to see all those projects completed first," and "I have properties in other locations," have been sufficiently punctured. Now, let's address three other salient ones, to bring an end to this series.

4. The Refinery will constitute an environmental hazard and a major pollutant.

Response: It is true that the Refinery is the largest single train refinery in the world, with an estimated capacity of 650, 000 barrels per day. This will serve the whole of Nigeria with surplus for export to other African countries.
 For this reason, cut-edge hazard and pollution-proof facilities have been installed in line with global standards. The eyes of the whole world is monitoring the project, and there has been the "Euro V Specification"- mandatory environmental directives which the project adhere to. In any case, residential areas have been designated away from the facilities.

5. As these projects pull population to the area, there will be the problem of traffic.

Response: Considering the capacity of the Refinery, the Dangote group is dredging a private port with its own jetties to transport the products by sea. This is almost completed already. It should be noted that this is different from the Lekki Deep Sea Port, a government initiative. The nightmare of vehicular traffic caused by fuel tankers will not blight that axis.

 Furthermore, there is the plan to widen the expressway from Eleko junction down to Okun Folu, the contract of which has been awarded and work begun.

6. I have invested my money in some properties in the past which I lost.

Response: We understand your fears quite well. We carve our niche in response to the sharp practices of landowners "omo onile." We have come to bridge that gap. With us, your investment is safe and secured. Your interest is paramount to us!


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