Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    FG secures $1bn steel investment to accelerate industrialisation, FDI beats $2.2bn 

    April 14, 2026

    Earn Nigerians’ trust through fairness, accountability ~ Tinubu tasks NRS

    April 14, 2026

    Polaris Bank Celebrates 58 New Hires From Flagship PGIT, PTIP; CEO Charges Keep Learning, Evolving

    April 14, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Ogun APC Decides on Yayi as Consensus Governorship Candidate for 2027

      April 14, 2026

      MURIC urges South-West political parties to field Muslim candidates ahead of 2027 elections

      April 13, 2026

      ADC Leadership Crisis Deepens as Faction Insists on April 14 Convention Despite Legal Tensions

      April 12, 2026

      APC Governorship Aspirant Saheed Oladele Resigns from Party in Oyo

      April 12, 2026

      APC’s Proposed ₦100m Presidential Form Sparks Outrage Over ‘Money Politics’

      April 12, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment April 14, 2026

      Nigeria Entertainment Roundtable Opens in Abuja to Formalise Creative Economy Data Tracking

      Recent

      Nigeria Entertainment Roundtable Opens in Abuja to Formalise Creative Economy Data Tracking

      April 14, 2026

      “Return of Arinzo” Sets Nollywood Record with ₦104.8m Easter Opening

      April 14, 2026

      “Street to Studio” Talent Show Debuts in Lagos to Spotlight Grassroots Artists

      April 14, 2026
    • Business

      Africa Women Hold Finance Leadership Summit in Lagos

      April 14, 2026

      MTN CHAMPS Grand Final: Stakeholders Ready for Record-Breaking Event in Ibadan

      April 14, 2026

      Authorities Raise Alarm Over ‘Premium Domain’ Investment Scams Promising Dollar Returns

      April 12, 2026

      UBA Graduates 720 Young Professionals, Demands Discipline, Excellence

      April 10, 2026

      NCAA Grants Enugu Air License to Begin Domestic Operations

      April 4, 2026
    • Health

      Federal Government launches national ePharmacy platform to regulate online drug sales

      April 13, 2026

      Both Rite Foods and ATF Strengthen Community Impact with Free Medical Outreach in Ogun. 

      April 11, 2026

      Toyin Lawani Opens Up on Health Struggles, Reveals Battle With Paralysis and Recovery Journey

      April 9, 2026

      NARD Declares Indefinite Nationwide Strike Over Allowance Dispute

      April 6, 2026

      GTCO Inaugurates “Take on Squad” Hackathon 3.0, Applications Open

      April 2, 2026
    • Culture

      Abuja Hosts Nigeria–China Martial Arts Exchange to Boost Cultural Diplomacy

      April 14, 2026

      London Studio’s Hidden Archive Reveals Decades of Celebrity Passport Portraits

      April 7, 2026

      Argungu Fishing Festival Draws Record Crowd as 59kg Catch Steals the Show

      April 4, 2026

      Ebonyi Carnival Showcases Renewed Drive to Preserve Igbo Heritage

      March 31, 2026

      Adron Homes Elevates Cultural Pride as Dignitaries Grace 39th Lisabi Festival in Abeokuta

      March 29, 2026
    • Lifestyle

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026

      Temitope Mayegun Urges Celebration of Women’s Power and Achievements

      March 15, 2026
    • Sports

      MTN CHAMPS Grand Final: Stakeholders Ready for Record-Breaking Event in Ibadan

      April 14, 2026

      World Relays: Team Nigeria Confirmed for All Six Events

      April 13, 2026

      Ogundiran Sets NAIA Record in Florida, Blazes to World-Leading 10.98s Victory

      April 13, 2026

      Guardiola Warns Arsenal as Manchester City Close Gap in Title Race

      April 13, 2026

      Adebayo Wins 2026 Ogun Women Run as Event Highlights Growth of Female Athletics

      April 12, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Lagos Unveils Wole Olateju Boardwalk to Drive Waterfront Economy
    economy

    Lagos Unveils Wole Olateju Boardwalk to Drive Waterfront Economy

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 10, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita

    The Lagos State Government has progressed with the development of the Lagos Boardwalk project along the Wole Olateju waterfront as part of a strategic initiative to transform the city’s shorelines into global tourism hubs. Commissioner for Waterfront Infrastructure Development, Dayo Bush-Alebiosu, confirmed the advancement in early January 2026, describing the project as a centerpiece of the state’s efforts to leverage aquatic assets for “creative diplomacy” and economic expansion. Located along the Lekki-Ikoyi axis, the pedestrian-friendly, wooden-planked promenade is designed to integrate the state’s waterways with commercial and recreational activities, following standards seen in international coastal destinations.

    ​Economic projections indicate the corridor will significantly increase land values in the immediate vicinity, with analysts expecting an appreciation of 12–15% for nearby waterfront properties. The infrastructure plan includes the installation of high-capacity concrete pontoons to replace aging structures and the rehabilitation of jetties to facilitate increased water transportation and leisure traffic. This development aims to rectify historical urban planning issues where coastal projects “turned their backs” to the water; according to Commissioner Alebiosu, the Boardwalk is intended to force a “face-the-water” orientation to ensure new developments align with a unified master plan for the coastline.

    ​The project anchors a broader 2026 infrastructure drive, which includes the ₦7 billion Oworonshoki jetty and the modernization of the Bariga jetty into a trade and fish market hub. Governor Babajide Sanwo-Olu’s administration has designated the Boardwalk as a “legacy asset” intended to improve resident quality of life and establish a permanent tourist destination. With final approvals secured, construction is scheduled to enter an active phase during the first half of 2026, coinciding with the implementation of the state’s “Budget of Shared Prosperity.”

    Economy
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleAmanda Azubuike Attains Brigadier General in the US Army, Makes History as First Nigerian Woman 
    Next Article Sanwo-Olu Targets 14,022-Unit Delivery by March
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    economy April 14, 2026

    Fitch Projects Nigeria’s External Reserves to Fall to $47bn in 2026

    economy April 13, 2026

    FG commences applications for second phase of TVET programme

    economy April 13, 2026

    Senate-Approved $6bn Loan Raises Fears as Nigeria’s Debt Nears ₦200tn

    economy April 11, 2026

    Tinubu Orders Urgent Economic Relief Measures Over Middle East War Impact

    News April 10, 2026

    Nigeria Recovering from Economic Crisis, Stability in Sight – Shettimat

    Telecoms April 6, 2026

    Telecom Sector Set to Deliver ₦874 Billion in Taxes as MTN, Airtel Lead

    Leave A Reply Cancel Reply

    Don't Miss
    News April 14, 2026

    FG secures $1bn steel investment to accelerate industrialisation, FDI beats $2.2bn 

    President Bola Tinubu. Credit: File The agreement followed a facility tour of the company’s integrated…

    Earn Nigerians’ trust through fairness, accountability ~ Tinubu tasks NRS

    April 14, 2026

    Polaris Bank Celebrates 58 New Hires From Flagship PGIT, PTIP; CEO Charges Keep Learning, Evolving

    April 14, 2026

    Trump Dismisses Interpretation To Viral AI Image Depicting Him As Christ

    April 14, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Late Capt. Hosa Immortalize As Keffi Polo Tournament Dedicates Trophy

    November 16, 2021

    Mars E&P secures $274 million facility from AFREXIM Bank

    November 25, 2021

    Yuletide: Be Like Late Capt Hosa, As Imansuagbon Share Free Rice In Edo

    December 17, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.