List of megaprojects
Project City/State Status Cost Special Notes
Abuja FCT Completed The planned capital city of Nigeria , which was built mainly in the 1980s . It officially became Nigeria 's capital on 12 December 1991 , replacing Lagos , and has since witnessed a huge influx of people into the city . As at 2006 , the city of Abuja had a population of 776,298 , making it one of the ten most populous cities in Nigeria , with an estimated metropolitan population of well over three million . Abuja is currently amongst the four largest urban areas in Nigeria
Asokoro Island Abuja , FCT Under Construction $ 1,000,000,000 A peninsula development located in Asokoro district , in Abuja . The mixed-use development is approximately 60 hectares of land , located at the shores of Pendam Lake . Its residential development ranges from apartment buildings to villas . They are majorly luxury properties with private balconies , mezzanines , floor-to-ceiling windows , swimming pool and sun terrace etc . The commercial and work section presents hotels , offices , shopping malls , business and primary schools
Centenary City Abuja , FCT Under Construction $ 18,000,000,000 Project by the Nigerian Government , Eagle Hills of Abu Dhabi and Julius Berger Nigeria PLC to build a smart city to mark the country 's centennial anniversary . Project broke ground on June 19 , 2014 and has an anticipated timeline of 10 to 15 years to completion . The city , which is located in the Federal Capital Territory , anticipates over 400,000 residents
Eko Atlantic Lagos State Under Construction $ 6,000,000,000 A planned city of Lagos State , Nigeria , being constructed on land reclaimed from the Atlantic Ocean . The project broke ground in 2007 and is being spearheaded by South Energyx Nigeria Ltd . Upon completion the project anticipates at least 250,000 residents and an additional daily flow of 150,000 commuters
FESTAC Phase 2 Lagos , Lagos State Under Development $ 2,400,000,000 In 2014 , The Ministry of Housing and Urban Development signed deal with the New Festac Property Development Company , to develop the second phase of Festac Town . Since the award , the company has been carrying out extensive preliminary project development activities including surveys , field studies , site investigation , environmental impact assessment , and town planning for the project
Lekki Lagos State Under Construction A peninsula city which is 755 square kilometres . Lekki Phase 1 has been completed and it currently houses several Estates and gated residential developments ; other phases of the project include , areas allocated for a Free Trade Zone , with an airport , and a sea port under construction . The proposed land use master plan for the Lekki envisages the Peninsula as a Blue-Green Environment City , expected to accommodate well over 3.4 million residential population and an additional non-residential population of at least 1.9 million
Planned cities and urban renewal projects -- Africa
Abuja , FCT in Nigeria , which was built mainly in the 1980s , was the fastest growing city in the world between 2000 and 2010 , with an increase of 139.7% , and still expanding rapidly . [ 99 ] Nigeria [ edit ]
This is a list of megaprojects. Megaprojects are temporary endeavours (i.e. projects) characterized by: large investment commitment, vast complexity (especially in organizational terms), and long-lasting impact on the economy, the environment, and society. The number of such projects is so large that the list may never be fully completed.