The Federal Government, through the Presidential Compressed Natural Gas Initiative, has said about 175 new Compressed Natural Gas refilling stations will be ready in the next 12 to 18 months.The PCNGI Programme Coordinator, Michael Oluwagbemi, disclosed this in a video shared on the PCNGI’s X handle on Sunday.

He said that the 175 stations will reduce the stress faced by Nigerians in accessing CNG.

Oluwagbemi expressed satisfaction that the nation has moved from 11 CNG stations last year to 65 in 2025.

There’s no doubt in my mind that we are in a much better place than we were when we kicked off this programme this time last year. When we started in January of last year, there were fewer than 11 functional CNG stations in Nigeria.

Most of them lacked customers because people did not know about CNG as a potential fuel for transportation. Today, we’re in a much different place,” he said.

Dangote Cement Plc has released its unaudited financial results, reporting a profit before tax of N311.974 billion for the first quarter (Q1) ended March 31, 2025.

The figure represents an 87.48 per cent growth compared to N166.404 billion recorded in Q1 2024.

The company also posted a profit after tax of N209.245 billion, up 85.71 per cent, from N112.674 billion reported in the same period last year.

The performance also saw a revenue of N994.659 billion, marking a 21.69 per cent increase from the prior year.

The company’s production capacity remained at 52 million metric tons, though production volume declined by 7.41 per cent to 6.547 million tons, while sales volume fell by 6.72per cent to 6.569 million tons.

Revenue from the Nigerian segment rose significantly to N696.042 billion, increasing its contribution to group revenue from 55.41per cent in Q1 2024 to 69.98 per cent in Q1 2025.

Lagos has always been the heartbeat of Nigeria’s economy, but in 2025, the game has completely changed.

Smart city projects like Eko Atlantic, Alaro City, and Lekki Free Zone are not just buzzwords anymore — they are real, thriving hubs that are redefining real estate investment opportunities in Lagos.

If you’re thinking about buying, investing, or simply understanding where the next big wave is in property, this is the right time to pay attention.

What is a Smart City?

A smart city uses digital technology and data to make life easier, safer, and more efficient for residents.

Think better roads, uninterrupted electricity, clean water, efficient waste management, and smart housing — all working together like clockwork.

Lagos is on a mission to create cities that think, learn, and adapt, making it one of the fastest-emerging smart hubs in Africa.

Major Lagos Smart City Projects to Watch in 2051.

1. 1.Eko Atlantic City

Eko Atlantic is often called the “Dubai of Africa,” and rightly so. Built on reclaimed land from the Atlantic Ocean, this city offers:

World-class residential apartments

Top-grade commercial offices

Luxury hotels and entertainment zones

Property prices in Eko Atlantic are rising fast, with a strong influx of international investors.

2. Alaro City

Located within the Lekki Free Zone, Alaro City is designed for mixed-use — industrial, commercial, and residential purposes. It promises:Industrial warehouses

Modern homes Commercial spaces Green parks and world-class roads

Good News: Early investors are already reaping returns as land prices have appreciated significantly since launch.

Smart city projects like Eko Atlantic, Alaro City, and Lekki Free Zone are not just buzzwords anymore — they are real, thriving hubs that are redefining real estate investment opportunities in Lagos.

3. Lekki Free Zone

This project is a full package — industries, ports (Lekki Deep Sea Port), and residential areas, all integrated with technology for easy living.

The Lekki-Epe axis is exploding with demand for residential and industrial real estate.

Why Smart Cities Are Shaping the Future of Real Estate Investment

High Demand for Housing: Tech professionals and foreign investors moving into these smart cities will need accommodation.

Strong Rental Yields:

Short-let apartments and high-end rentals in these zones are already fetching excellent returns.Better Infrastructure:

Investors love stable electricity, good roads, and security — all essentials in smart cities.Increase in Land Value: Buying early in or near these projects can multiply your investment within a few years.

Areas Around Smart Cities You Should Be Watching

Ibeju-Lekki (close to Alaro City and Lekki Free Zone)Victoria Island Extension (near Eko Atlantic) Epe (the new frontier for affordable investments).

Now is the Time to Position Yourself.

The Lagos smart city revolution is not something to watch from afar — it’s happening now.

Early movers are locking down prime properties, while others will pay premium prices later.

If you have been thinking about owning real estate in Lagos, focusing on smart city areas is your golden ticket.Take Action Today!

If you need guidance or help securing high-potential properties, don’t worry — your favorite real estate plug, Dennis Isong, is just a call away.

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