LAGOS, Nigeria, Feb. 22, 2013 /CNW/ - His Excellency the President of
the Federal Republic of Nigeria, Dr. Goodluck Ebele Jonathan, applauds
a 'noble initiative' and gives the project the full support of the his
Eko Atlantic, the visionary new city for Lagos, Nigeria drew high-level
presidential praise from both the Nigerian President, Goodluck Jonathan
and the former President of the United States of America, Bill Clinton
during a dedication ceremony to mark a milestone event.
(Photo: http://photos.prnewswire.com/prnh/20130222/595491-a )
(Photo: http://photos.prnewswire.com/prnh/20130222/595491-b )
Describing the development of Eko Atlantic as an outstanding initiative
President Jonathan said, 'This landmark event is continuing the good
news narrative that Nigeria must now embrace permanently. You cannot be
hearing only ugly stories. Eko Atlantic City is bringing us happiness
and this happiness has come to stay.'
Eko Atlantic land reclamation started in February 2008 with a 7-year
dredging operation planned to create 8,000 square metres of new land
A year after reclamation work began the Chagoury Group, the developers
and planners of Eko Atlantic, based in Lagos, Nigeria, committed at the
Clinton Global Initiative in New York to protect Victoria Island from
coastal erosion through the forces of the Atlantic Ocean.
Since making their commitment the developers have built a sea revetment
known as The Great Wall of Lagos that now stands at three and a half
kilometres. Half the land needed to build the new city has been
recovered from the ocean.
'They have reclaimed five million square metres of land from the sea.
They have built the beginnings of this amazing wall. They have kept
their commitment and it will help to diversify the economy of Nigeria,
to brand Lagos all over the world and to create an enormous number of
opportunities. I am convinced that within five years people will be
coming from everywhere just to look at the wall.'
The Great Wall has brought back the coastline of Victoria Island to
where it was a century ago before coastal erosion began to wash it
'This is an ingenious engineering feat,' said President Clinton, This is
something I am telling you there will be countless numbers of people
coming here to study. It is something you can be very proud of.'
The Governor of Lagos State, Babatunde Raji Fashola hosted the
dedication ceremony close to the massive sea revetment that protects
the five million square metres of land. 'When all is done, a new city
will emerge here from what was once a devastated area as a result of
nature's onslaught, said Governor Fashola. 'But that devastation is now
history. Our ultimate triumph beckons,' he said, 'the human spirit will
prevail because of the goodwill of a few good men.'
The dedication ceremony was attended by high-ranking Nigerian Federal
and State officials as well as international developers, financial
institutions and the diplomatic corps.
In his address, the Executive Chairman of Eko Atlantic, Mr. Ronald
Chagoury, said, "Nigeria is a great nation. Building a city of this
calibre can only be achieved by putting our hands together. Today we
are at a turning point where the real construction of the city has
started." And he added, "Today Lagos is the economic capital of
Nigeria. We pray by your blessing Mr. President, to become the economic
and financial centre of Africa in the near future".
The construction of infrastructure for Eko Atlantic, such as roads,
drainage and sewage systems has also started as has foundation work for
Eko Atlantic's first commercial tower block. An international
developer, Satellite Oil and Gas from Nigeria, has started to build Eko
Energy Estate and numerous other projects are in the pipeline.
Upon completion, the developers and city planners of the new city will
have produced 10,000,000 square metres of land, ripe for development:
equivalent in size to the skyscraper district of Manhattan in New York
Eko Atlantic is designed to provide the space and infrastructure to
house 250,000 people and become the workplace for a further 150,000.
SOURCE: South Energyx Nigeria Limited
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