NIGERIA. Next Level

Page 14

Nigerian Cities A History Of Africa’s Big Apple The dynamic economic powerhouse of the continent, Lagos is rising up with an innovative and ambitious vision to pave the way for national development, growth and vibrancy.

NIGERIA

NEXT LEVEL

12

Lagos is the world’s fastest growing city, with an increase in population growth from 1.4 million in 1970, to an estimated mind-boggling 21 million today, heralding it as the most populous city in the whole of Africa. According to data from the United Nations, the population in Lagos is predicted to increase by 77 people every hour from 2010 to 2030, and is set to be the largest city in the world by 2100. With thousands of people pouring into the city every day, in search of opportunity and a better life, Lagos is making sure that it can accommodate and sustain the influx, and have fun while they’re doing it. Out of Nigeria’s 36 states, Lagos has always been the nation’s centre of power. It has been demonstrated that if Lagos was a country, it would be among Africa’s largest economies; indeed its economy is currently larger than the whole of Kenya’s put together. Initially emerging as a port city, Lagos has been always been a land for traders and settlers with a tendency towards industrialism. Currently, it is the largest and busiest seaport on the continent, with its main hubs of commerce and financial business located on the two small islands of Lagos and Victoria, where headquarters for the majority

of national and international commercial banks, financial institutions and major corporations have been set up and consolidated. Political competence and efficient guidance have been key drivers to the city’s growth and economic stability. Governors, such as Bola Tinubu to Babatunde Fashola (Nigeria’s current Minister of Works and Houses), Akinwunmi Ambode and present incumbent, Babajibe Sanwo-Olu have been driving the same productive vision and political machine towards modernisation and progress. Their forward-thinking leadership has placed infrastructure development of the fastest growing city at the forefront of all their policies. With an emphasis upon private-sector input, the city has been transformed physically and productively, providing a dynamic contribution to Nigeria’s economy. Since 2007, development of Lagos’ urban infrastructure really took off, new power plants, Africa’s first suspension bridge, roads, highways, skyscrapers and bridges have been built, metamorphosing Lagos into the megacity it is today. Fiscal security has also been restored via effective tax implementation put into place by Lagos Internal Revenue Service (LIRS), leading the city to


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Articles inside

Unstoppable Agents Of Progress And Change

10min
pages 124-128

The International Route Of Nigeria Art

5min
pages 112-113

The Story Of The Kano Dress Code

3min
pages 120-121

Ten Hidden Nigerian Gems No Visitor Should Miss

3min
pages 122-123

Taking Over The World One Thread At A Time

3min
pages 118-119

Woman Leadership In Yoruba Culture

4min
pages 108-109

Myth-busting Pidgin Languages

2min
pages 110-111

Sowing The Seeds For Sustained Growth In The Agri Sector

5min
pages 100-101

Setting The Example In The Quest For Food Security

5min
pages 104-105

Amni Petroleum’s Secret To Success

5min
pages 90-91

The New Fuel Of Choice For Nigeria’s Economic And Industrial Revolution

5min
pages 78-81

Saying Yes To Yabacon Valley

3min
pages 66-67

An Impetus For Long-Term Socio-Economic Development

5min
pages 54-55

Nigeria’s Powerhouse

4min
pages 74-75

From Broadband Provider To Solution Provider

3min
pages 62-63

The Secret To Sustainable Development

5min
pages 48-51

Twenty Years Of Democratic Rule In Nigeria

9min
pages 10-13

A Restructured Transport Sector To Advance Connectivity And Economic Growth

2min
pages 24-25

Creating A Ripple Effect Into The Economy

5min
pages 46-47

The Ace Up Nigeria’s Sleeve

3min
page 42

A History Of Africa’s Big Apple

5min
pages 14-15

Taking Nigeria To The Next Level

5min
pages 6-7

Hitting The Jackpot

3min
page 43

Seeking Creative Solutions Within The Housing Market

3min
pages 36-37
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