Business
How Lagos Smart City Projects Are Transforming Real Estate Investment Opportunities in 2025 by Dennis Isong
What is a Smart City? A smart city uses digital technology and data to make life easier, safer, and more efficient for residents
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.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.
STOP LOSING MONEY IN LAGOS REAL ESTATE!
Learn How to Protect Your Investment Today. => LandProperty.ng/free Your future deserves the assurance of due diligence.
Business
NRS Chair: New tax laws won’t be implemented until January
According to Adedeji, the Federal Inland Revenue Service, FIRS by the signing of the bills into Law is now the Nigeria Revenue Service (NRS), explaining that the new law now defines the NRS’s expanded mandates…
•President Bola Tinubu shake hands with NRS Chairman, Zach Adedeji.
The Chairman of the Nigeria Revenue Service (formerly FIRS), Zach Adedeji, has disclosed that the implementation of the newly signed four tax fiscal reform laws will commence by January 1st, 2026.
Adedeji told State House correspondents shortly after the President signed the bills into law, the previous day.
Adedeji said that the modalities will be put in place ahead of the implementation.
Adedeji further explained that the six-month period between the enactment of the new fiscal laws is designed to give ample time to those saddled with the implementation to carefully prepare and ensure that all Nigerians are adequately sensitised.
According to Adedeji, the Federal Inland Revenue Service, FIRS by the signing of the bills into Law is now the Nigeria Revenue Service (NRS), explaining that the new law now defines the NRS’s expanded mandate, including non-tax revenue collection, and lays out transparency, accountability, and efficiency mechanisms.
Business
President Tinubu List Economic Expectations from New Tax Laws
On his verified X handle @officialABAT, the President had said that the new tax laws form the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.
President Bola Tinubu said today that the four tax reforms bills he signed into law reflect his administration’s resolve to create a modern, transparent, and efficient tax system capable of supporting national development, promoting investment, and reducing the burden of multiple taxation on citizens.
President Tinubu explained that the laws would be unifying Nigeria’s fragmented tax system, remove redundant overlaps, boost investor confidence, enhance transparency, and promote coordinated efforts across all levels.
He also described the legislation as a clear departure from previous policies, emphasising that the reforms are designed to ease the burden on working families, small businesses, and low-income earners while eliminating inefficiencies that have long plagued Nigeria’s fiscal structure.
On his verified X handle @officialABAT, the President had said that the new tax laws form the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.
“We are also building a framework for the Nigeria of tomorrow-leaner, fairer and laser focused on unlocking opportunities for all,” he said.
He added : ” These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet.
Designed to overhaul Nigeria’s fiscal and revenue administration framework, the laws which have been described as a major leap in the nation’s economic reform drive.
“For too long, our tax system has been a patchwork-complex, inequitable, and burdensome. It has weighed down the vulnerable and shielded inefficiency. That era ends today.”
Business
Tinubu signs four Tax Reform Bills to law today
The bills were recently passed by the National Assembly following extensive stakeholders consultations and technical reviews.
President Bola Ahmed Tinubu will today (Thursday) sign into law four tax reform bills set to overhaul Nigeria’s fiscal landscape, streamline tax administration, and boost investor confidence.
The ceremonial signing is scheduled to take place at the State House, Abuja.
In a statement , Bayo Onanuga, Special Adviser to the President on Information and Strategy, said that the four bills are : the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill
The bills were recently passed by the National Assembly following extensive stakeholders consultations and technical reviews.
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