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
Nigeria To Review Inflation Reporting First Time In 15 years
The agency said the expected spike in December inflation did not reflect actual price movements in the economy but was largely a statistical distortion caused by the rebasing of the Consumer Price Index.
Nigeria’s National Bureau of Statistics (NBS) has announced plans to revise its inflation reporting methodology.
This followed concerns that December’s year-on-year figure may be artificially inflated due to the impact of last year’s rebasing exercise.
The agency said the expected spike in December inflation did not reflect actual price movements in the economy but was largely a statistical distortion caused by the rebasing of the Consumer Price Index.
Reuters reported that the rebasing, the first in 15 years, adopted December 2024 as the index reference point.
Officials explained that the change is likely to exaggerate the year-on-year inflation figure for December without accurately capturing prevailing market trends.
Business
Dangote splashes N15bn on cement distributors, targets 90m tons by 2030
Dangote made this known during an event organised by the Group to celebrate its most loyal Dangote Cement customers, where CNG-powered trucks, SUVs and other items were presented to distributors across various performance categories, including regional awards, growth awards, best distributor in export sales and national awards.
Aliko Dangote, President of the Dangote Group, yesterday, rewarded his cement distributors with gifts valued at about N15 billion.
The group is targeting a cement production capacity of approximately 90 million tonnes by 2030.
Dangote made this known during an event organised by the Group to celebrate its most loyal Dangote Cement customers, where CNG-powered trucks, SUVs and other items were presented to distributors across various performance categories, including regional awards, growth awards, best distributor in export sales and national awards.
According to him, the cement expansion drive forms part of the group’s newly launched Vision 2030 strategy, which is aimed at positioning the conglomerate as a $100 billion enterprise by the end of the decade through industrial expansion and cross-border investments.
“Under this vision, we have actually signed an agreement.
But before even signing the agreement, the target that we have, our cement company, will end up being at 90 million tons by 2030 means that we are 50 per cent more than the entire production of Saudi Arabia,” Dangote said.
He said the group has also signed an agreement to expand its petroleum refinery from 650,000 barrels per day to 1.4 million barrels per day, adding that construction work would commence immediately.
Business
Nigeria, UAE scrap tariffs on over 13,000 goods
Dr Oduwole said that the tariffs removal was part of a new trade pact aimed at expanding market access for Nigerian goods, businesses, and professionals, under the Nigeria–UAE Comprehensive Economic Partnership Agreement signed in January 2026.
•Dr Jumoke Oduwole
Nigeria and the United Arab Emirates have signed an agreement to eliminate tariffs on 13,000 manufactured products.
Dr Jumoke Oduwole, Nigeria’s Minister of Industry, Trade, and Investment disclosed this, saying that while the Federal Government has eliminated tariffs on 6,243 products imported from the UAE , they have removed tariffs on 7,315 products imported from Nigeria.
Dr Oduwole said that the tariffs removal was part of a new trade pact aimed at expanding market access for Nigerian goods, businesses, and professionals, under the Nigeria–UAE Comprehensive Economic Partnership Agreement signed in January 2026.
Under the agreement, Nigeria will immediately remove tariffs on 3,949 products, representing 63.3 per cent of the total, while phasing out tariffs on 2,294 products over five years. Nigeria excluded 123 products from tariff liberalisation.
On its part, the UAE will immediately eliminate tariffs on 2,805 products, representing 38.3 per cent of the total, remove tariffs on 1,468 products within three years, and on 3,042 products within five years.
The UAE excluded or prohibited 593 products.
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