I investigated why Eko Atlantic city in Lagos is still empty

In today's episode, I Investigated why Eko Atlantic City in Lagos is still empty after several years of launch. asking questions like, who owns the city, how much it costs to buy a home there and why is development not going like expected.

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[computhenics]

This lady is actually charismatic and perfect for a marketing role. She could probably sell a comb to a bald guy.

[WilliamPetersen]

As a South African, I can tell you this woman is a smooth talker. She knows exactly how to answer each direct question.

[enodd_felix]

15 million dollar penthouses in new york cost that much because of all the benefitts u get from living in new york, so world class healthcare, good roads, the corporations and high class billionaires in new york, the art, thats what makes it cost that much. Carry the same penthouse from new york and put it in texas and the value reduces drastically, compared to lagos. Its so ridiculous how they are basically gaslighting people into pauing these exhorbitant prices in nigeria its laughable. Truth is nigeria just isnt at the level to be dealing with this kind of real estate and we really dont have to be

[squishyseagull]

Very good saleswoman. She knows how to sweet talk the suckers.

[GENESIS-duni]

This woman is excellent in her job. She almost made me forget the national situation and standards of naija..😂😂

[mx]

I am from Serbia. I don't have anything related to Nigeria except one friend who I met studying. But I really enjoy all of Steven's videos and I'm really happy that Nigeria has such an amazing content creator who always puts out banger videos. Thank you Steven!

[nosaokuns]

She’s right about the 1% of the 1%. But here is where she’s wrong. Those people already have 3-5 properties, now they are looking for good investment. Buying an apartment for $2.5m in Lagos Nigeria is not a good investment especially if you can put that same money in Miami or London where your money is safer and will make better returns. They are building it for people that already have multiple properties and that is not sustainable.

[garysmith]

Erejuwa is very charismatic. She even convinced me to think about buying and I can't quite afford it. Love her energy.

[bueasink]

That lady definitely knows her stuff. You might not agree with her take be she makes sound points. Respect!

[WilsonOnyilokwu]

This is the first person to explain the dynamics behind Eko Atlantic which I completely agree with from an economic standpoint.

[raymondcalitri]

Pretty simple: if u want to populate the skeletal city in no time, make it realistically affordable. The problem with real estate developers is that they view Nigeria is Monaco with the prices they charge.
First start by selling plots in Naira, bring in banks, markets and supermarkets, seaport etc. It's a city ffs not a gated estate. A city isn't exclusive but rather inclusive.

[jasiniskari]

If We were as enthusiastic as this woman, what would we not have achieved? Love this woman walahi

[greedygreedy]

It’s overpriced and under developed. Simple!

[josephnwokedi]

Forget the interview. I love this woman's swagger

[sugarfaceman]

Your guest made the vlog feel so engaging. She's a delight!

[fistandpen]

The way to talk about this is what percentage of the city has been built on in the 15 years since inception. It looks like less than 1% (literally less than 10 projects). That is a pace of about 30 buildings in 50 years. Even the buildings that have been built appear to be 90% empty. This lady did not articulate an actual plan to accomplish their vision. Also, "green" would mean accomodations for parks, large gardens etc... not plants lining the streets lol. I'd be curious what the financing terms for Chagoury to develop this place was because unless they drastically slash prices, this project may very quickly become tragic.

[siduk]

these prices are too high and their greed is slowing it down. they should reduce prices and that would increase people living there and demand which would increase value plus prices over time

[olegphilip]

I so much love this woman, she so good and patient, Ilove the way she explain without being defensive

[marshall-_--_-]

Love this woman! She's straightforward, especially about being a foreigner abroad

[odiajulius]

I'm impressed with the Madams savage realtime responses filled with honesty and wits!