Infrastructure – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel


December 9, 2016

Infographic: Lagos State 2017 Budget Proposal To Focus on Infrastructure

The Lagos State Governor presented the Year 2017 Budget proposal of ₦813bn to the House of Assembly at the end of November 2016. The Governor christened the 2017 budget as “The Golden Jubilee Budget” as it coincides with the State’s […]
November 30, 2016
4th Roundabout, Lekki Epe Expressway. (Ikate/Elegushi)

Video: Lagos State’s Plan for 3 Roundabouts on the Lekki-Epe Expressway

In August 2016, the Lagos State Government explained that the 4th (Ikate/Elegushi), 5th (Jakande) and 8th (VGC) roundabouts would be removed in a bid to decongest chronic traffic typically seen on the Lekki-Epe Express way. Once removed, the plan is […]
November 4, 2016

Lagos State Promises Completion of Lagos-Badagry Expressway project by 2019

The Lagos State Government (LASG) has assured that the ongoing Lagos-Badagry Expressway Expansion project will be completed before the end of 2019. The project includes a 10-lane road expansion with a provision for rail. Speaking on this, Governor Ambode explained that despite it […]
October 7, 2016

Africa’s First Modern Electrified Railway from Ethiopia to Djibouti Opens

Africa’s first modern electrified railway was launched on Wednesday October 5, 2016 in a grand inauguration ceremony in Addis Ababa, Ethiopia. The rail lines connecting the capitals of Ethiopia and Djibouti are about 752.7km long, moving at a speed of approximately 120km/h. It […]
September 19, 2016

Chinese Railway Company to build $1.85bn Railway in Kano

The Chinese Railway Construction Corporation (CRCC) has stated that they have received a provisional letter approving their bid to build a 4 line light Rail system in Kano state in the Northwest area of Nigeria. The project is said to cost about $1.851bn […]
August 29, 2016

Updated – Development: Zenith Multi-Storey Car Park, Victoria Island – Lagos

Published: September 2015; Updated: August 2016. Name: Zenith Car Park; Use: Car Park; Built Up Area: 18,000sqm; Location: 3 – 9 Molade Okoya Thomas Street, Victoria Island – Lagos; Contractors: Elalan; Architects: ACCL; Expected Completion: Q3:2016. In 2014, Zenith Bank embarked on […]
June 18, 2016

Road and Bridge Projects in the Approved 2016 Budget

Road and bridge projects in the approved 2016 budget will cost Nigeria N132.4 billion as research from Afrinvest shows. See the infographic below for a breakdown of the projects, their locations and costs.  
June 5, 2016

Oshodi Regeneration Plans Begin with $70m Transport Interchange

In late May 2016, the Lagos State Government (LASG) laid out plans for the regeneration of Oshodi into a world class Central Business District (CBD). These plans will begin with the construction of a Transport Interchange that will consolidate the 13 […]