Press Releases

Eko Atlantic City Project: Bankole Assures Of FG's Support

May 3, 2008 - The Speaker of the Federal House of Representatives, Honourable Dimeji Bankole on Saturday assured that the Federal Government would continue to offer necessary support to Lagos State on the development of the Eko Atlantic City Project.

The Speaker spoke in company of Lagos State Governor, Mr Babatunde Fashola (SAN) when they both undertook an inspection of work at the Eko Atlantic City project at the Lagos Bar Beach .

In his words: "For Lagos State Government to come in and do what have done and rescue the Bar Beach and we at the Federal level, we will continue to support whenever and wherever to keep Lagos improving".

Lagos State Governor assured that a model city to be known as Eko Atlantic City would develop from the second phase of the present Bar- Beach which is about to commence.

He added that the new city would a twenty first century city that is one and half the size of Victoria Island with no problem of pollution and refuse and twenty four hours electricity supply,

Governor Fashola assured that the new city would be one that compares to any other city anywhere in the world.

The Lagos State Governor described the progress on the work as the beginning of development and progress and a reflection of the fact that the State has a very focus team which is ready to discharge its responsibilities as it is expected of all political office holders.

The Speaker while responding to a question from newsmen said for Lagos to earn any special allocation, the State must be ready to lobby the lawmakers just like any other state would expected to do.

Earlier while briefing the Speaker and Governor Fashola on the project, the Managing Director of South EnergyX limited, Mr. David Frame informed that the first phase which has just been completed involved the protection of the shoreline by 1.5kilometres.

Mr Frame said the total size of the new city would be 8.2hectares and would include infrastructure and first class roads that are the hallmarks of a high rise development city.

He said the project which is being funded 100 percent by private investors aims to reclaim all land lost to erosion in the past.

He assured that there exist no fears of Tsunami in Lagos as there are no ports on the sea bed of the Atlantic Ocean as experience in the Far East has demonstrated.

The Governor and the Speaker were accompanied on the inspection by some members of the House of Representatives who accompanied the Speaker to Lagos.