Banana Island is a man-made island in Lagos State, Nigeria that is slightly curved in shape – like a banana. After confirming the magic word to another security guard, he waves me through. Follow this Journalist on Twitter @AishaSalaudeen. Part of the Lagos Local Government Area of Eti-Osa in Central Lagos. Banana Island sits on approximately 1,630,000 square metres of land, which spills into the Lagos Lagoon, and has become a Nigerian version of Beverly Hills and Burj Khalifa. It is also a picture of Nigerian exceptionalism. Mike Adenuga is a Nigerian entrepreneur, investor and a business magnate. Announcing your plans is to supply your enemies with the ammunition ... they need to shoot down those plans. Some bit of the Lagos Local Government Area of Eti-Osa in Central Lagos, it is known for its well off, multi-social gathering and has without a doubt the most exorbitant land in Nigeria. Ikenna Ume- Ezeoke is the Managing Director of Turquoise Construction Ltd. and has been working as a civil engineer in Banana Island for close to seven months. It is a zone of Ikoyi, Lagos, Nigeria, 8.6 kilometers east of Tafawa Balewa Square. How consumption determines the economic impact of pandemics. The original Banana Island construction project entitled Lagoon City was the brainchild of the Late Chief Adebayo Adeleke, a University of London trained Civil Engineer (MICE), and CEO of City Property Development Ltd. Adeleke had originally commissioned a new urban development in Maroko, Victoria Island, but that project had been acquired by the Lagos State government. 46 Likes 1 Share; Re: Banana Island In Pictures by Nobody: 9:45pm On Dec 12, 2014; The Rich-Poor gap is just too much. At some point, there were too many clubs and businesses moving there. DEVELOPMENT - It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of … The Size of Banana Island Banana Island occupies a sand-filled area of approximately 1,630,000 (1.6 million) square meters and is divided into 536 plots (of between 1000 and 4000 square meters in size). For diet, see, Neighborhood in Lagos, Lagos State, Nigeria, Learn how and when to remove this template message, "The Chagoury Group Construction Division - Projects", "The Most Expensive Neighborhood In Nigeria", "Ocean Parade Tower – Banana Island – Ikoyi Lagos - I.T.B. The residents of Banana Island may temporarily escape the dysfunction of Nigeria when they retreat to their homes, but they can never really leave it behind. I convince the security guards at the main gate that I have been invited and after a call to the person I am supposed to see, they let me in with the magic word of the day, “Bravo”. Here, commercial and residential zones are distinguished. Since 1983, the 'acquisition' is currently being challenged in various courts, and there are Caveat Emptor warnings in place to warn prospective buyers that their investment could be at risk in future. He had deals with McDonalds, Disney, and others, and sunk all his money into the project. Banana Island was built to function in a country that does not function. Nigeria Limited", "Buyers jostle for N4.5b Ocean Parade Towers flats - Proshare", "West Africa / Regions / Ford Foundation", Federal College of Education (Technical), Akoka, Federal College of Fisheries and Marine Technology, https://en.wikipedia.org/w/index.php?title=Banana_Island,_Lagos&oldid=983529435, Articles with dead external links from July 2017, Articles with permanently dead external links, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 14 October 2020, at 19:10. * This article has been edited to correct a figure of $4,000,000 from the previous version. Banana Island, which is Nigeria’s answer to Paris’s Seventh Arrondissement, San Diego’s La Jolla, New York City’s Tribeca and Tokyo’s Shibuya and Roppongi, is a small man-made island in the Ikoyi neighborhood of Lagos. Alhassan Dantata. Nigeria Property Centre (NPC) is a leading property website in Nigeria with property listings for sale, rent and lease. In Nigeria, these all cost money. It is on par TriBeCa in New York Shibuya in Japan, La Jolla in San Diego, Carlifornia, Seveth Arrondissenent in Paris, Kessington Palace Gardens in London or Victoria Peak in Hong Kong. He puts the average price of renting an apartment in the estate at $22,000 to $150,000 a year – depending on what end of the estate the house is located. banana island, Lagos, Nigeria GNEWS NIGERIA. The Island is a man-made island and is shaped like a banana. His most ambitious project was developing one of the first man-made islands in the world — Banana Island in Lagos, Nigeria, starting in the late ’70s. Similar to many of the developments on the island, it has dedicated leisure facilities such as a private health club - with tennis courts, squash courts and a swimming pool surrounded by extensive gardens. Marketed by . Be like a cook. Cooks don’t ring bells when they are cooking. Banana Island, Lagos Real Estate is the most wanted area of houses in all Nigeria! They say I am rich and lucky to have access to a place like Banana,” he muses. The estate is also a reminder of Nigeria’s broader failure. We offer Nigerian property seekers an easy way to find details of property in Nigeria like homes, houses, lands, shops, office spaces and other commercial property. The constant electricity in the estate is a big deal; after all, Nigeria has the second worst power supply in the world, and the rest of the country is almost always in darkness. READ ALSO: Business … Adebayo Adeleke, creator of … One of them is the calibre of people living in the estate. Aliko Dangote is a Nigerian entrepreneur, investor and a business magnate. On the right side of the estate is the strictly residential area; mostly comprised of private homes while the left side is the mixed area, in use by for-profit businesses including 9mobile and Olaniwun Ajayi, as well as service stations and a few private houses. Banana Island doit son nom à sa topographie en forme de Banane. I do laff wen pple say "dia is no money in Nigeria".in dis Nigeria we hav pple usin cars dat worth 28milion naira,we av pple livin in banana island.I will surely mak it in dis country called Nigeria by God grace. For example, according to Chidi, a bad road within the estate will likely be fixed in a week or two. To complete the Lagoon City concept, Chief Adeleke planned an aesthetic design including a City Airport, which was a vision conceived long before the London Docklands Development, London City Airport, Dubai's Palm Islands or Hong Kong's Chek Lap Kok Airport. It is here that Chidi Oke, a former resident of Victoria Island, moved to join Nigeria’s wealthiest and most prominent people on the man-made Banana shaped estate. A few more speed bumps and I finally get what many Nigerians crave - peace, quiet and civility. It is located in the Lagos Lagoon and is connected to IkoyiIsland by a dedicated road which is linked to the existing road network near Parkview Estate. Banana Island is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. What Banana Island looks like is what every street in Nigeria should be. This is Banana Island, Nigeria’s most exclusive estate, where secret passcodes are exchanged like in a bad spy movie. “Victoria Island began to look less appealing as it became more commercial.
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