PHOTOS: SEE Bright Future Of Lagos Designed For Rich Only

By 2020 a part of Lagos is about to become a paradise. But only quarter of a million richest people will enjoy that while the rest of the Lagos inhabitants will continue to live in the hellish conditions.

This is how the paradise Lagos for the rich is supposed to look like.
Source: CNN

By 2020 250,000 people in Lagos are expected to live in paradise called Eko Atlantic and another 150,000 will commute there on daily basis to serve its rich inhabitants.

Security in this area will be ensured by its own independent security service.

While corruption, mismanagement and police inefficiency turn lives of the average Lagos inhabitants into hell, Eko Atlatnic’s security is expected to be operated by its own independent security service.

While most of those who live in Lagos shouldn’t expect stable power supply in the nearest future, the power supply for the rich ones will be comparable with standards in London, Paris and New York, because its energy sources will be independent from the rest of the city.

To ensure these standards it is expected that the territory will be operated under laws free of stifling national regulations, just like Hong Kong with its own laws largely independent from China.

Project development view from space: 2009, 20012, 2014

The new paradise for rich currently under construction off Bar beach in Victoria island is expected to be equal to the size of Manhattan in New York.

With a per square meter of land costing as high as $4, 000, it is one of the most expensive housing project in Africa.

Meanwhile, Nigerian artists have created their own vision of future Lagos, with skyscrapers for poor people.

Versions of Lagos in the future designed by Nigerian artists.

A month ago workers of the Eko Atlantic project started their protest over non-payment of salary along Ahmadu Bello way, Victoria Island, Lagos.

Earlier JPMorgan has warned Nigeria that it is going to kick out the country from its Government Bond Index (GBI-EM) by the end of the year unless the central bank removes tight control measures and restores liquidity to currency markets in a way allowing foreign investors to track the benchmark to transact with minimal hurdles.

Foreign investors had been on the sideline, waiting for the CBN to devalue the naira before investing in naira-denominated assets. Local and foreign analysts had predicted that the naira might hit 250 against the dollar at the parallel market any time soon if the artificial scarcity trend continued.