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Posted 5/19/2020 6:24:11 PM by Site Administrator
Nigeria is reclaiming 10 square kilometres of land from the ocean to create "Eko Atlantic" - a vast new city that is set to become the financial heart of Africa.
In order to provide Lagos with the space it requires to become such a prominent financial centre, a vast area of land is now being reclaimed from the Atlantic Ocean – turning back more than 100 years of coastal erosion and creating a multi-district addition to the already extensive city.
Funded by a consortium headed by South Energyx Nigeria Limited and developed in conjunction with the Nigerian government, the vast “Eko Atlantic” scheme will reclaim 10 square kilometres of land from the Atlantic Ocean and extend the coastline more than two kilometres offshore.
10 new city districts will then be constructed on this reclaimed land, providing commercial, residential and recreational amenities and homes to more than 250,000 residents. In addition, some 150,000 commuters will be expected to visit Eko Atlantic every day.