• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Chevron Cooperative Backs Metrospeed’s Tech-integrated Urban Project

by Royal Ibeh
1 day ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The Chevron Employees Multipurpose Cooperative Society (CEMCS) has announced a strategic partnership with Metrospeed Property Development Limited to fast-track the development of Metro Smart City, a pioneering tech-integrated urban project in Lagos.

Advertisement

Metro Smart City is a bold urban development initiative by Metrospeed, with land reclamation and infrastructure works handled by global construction giant China Civil Engineering Construction Corporation Ltd (CCECC). The partnership marks a defining moment for Nigeria’s real estate and smart city ecosystem. Under the agreement, CEMCS will provide strategic funding and institutional support to help accelerate the execution of the project, which is poised to transform Lagos into a technology hub, a waterfront community, a residential area, a business zone, and a leisure and entertainment district.

CEMCS president, Princewill Hope, at the formal signing ceremony in Lagos, said the partnership aligns with the cooperative’s broader vision of long-term wealth creation and sustainable investment for its members.

“Looking at the pedigree of Metrospeed and infrastructure partners like CCECC, we are confident this investment is both secure and profitable. It aligns with our vision of long-term wealth creation for our members. We are confident that this is going to return good income and that is why we had no reservation when we were going into this partnership,”

CEO of Metrospeed Group, Dele Oyefuga, said, “This is not just a real estate investment, it is a vote of confidence in Nigeria’s digital future. Chevron’s involvement unlocks key funding that will allow us to accelerate timelines. By the end of this year, we aim to complete land reclamation and begin construction of roads, drainages, and key digital infrastructure.”

RELATED

BetKing Promotes Social Impact At NSF

BetKing Promotes Social Impact At NSF

5 hours ago
Sallah: UNYF felicitates with muslims, decries worsening living conditions

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

6 hours ago

Oyefuga explained that the project has been divided into two phases, with Phase One focusing on land reclamation and baseline infrastructure, followed by the rollout of smart utilities and public service systems.

Head of sales & marketing at Metrospeed, Emike Ntiokiet, described the partnership as a game-changer, adding that, “Chevron’s investment is more than capital; it’s credibility. It boosts investor confidence and ensures our alignment with global smart city standards.”

Ntiokiet also reiterated the company’s commitment to accessibility: “While Metro Smart City is premium, we’re creating flexible payment plans so everyday Nigerians can own a piece of the future. It’s not just about exclusivity—it’s about inclusive urban growth.”

The project envisions a thriving ecosystem featuring five distinct districts: a technology hub, a waterfront community, a residential area, a business zone, and a leisure and entertainment district. With construction already underway, the Metro Smart City project is set to become a flagship for smart urban living in Nigeria and a model for sustainable cities across Africa. It will have five distinct neighbourhoods: a technology district, a residential district, a waterfront district, and a business, leisure and entertainment district.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Chevron Employees Multipurpose Cooperative Society (CEMCS)
SendShareTweetShare
Previous Post

Imo Govt Debunks Misinformation Over Land Allocation To Zion Ministry

Next Post

LG Unveils New Campaign To Promote Healthier, Smarter Living

Royal Ibeh

Royal Ibeh

You May Like

BetKing Promotes Social Impact At NSF
Business

BetKing Promotes Social Impact At NSF

2025/06/06
Sallah: UNYF felicitates with muslims, decries worsening living conditions
Business

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

2025/06/06
Airtel Expands Digital Ecosystem With In-App Shopping Platform
Business

Airtel Expands Digital Ecosystem With In-App Shopping Platform

2025/06/06
NES Demands Stakeholder Collaboration To Curb Plastic Pollution
Business

NES Demands Stakeholder Collaboration To Curb Plastic Pollution

2025/06/06
AFN Board Members Write Minister, Lament Crisis Under Okowa’s Leadership
Business

FG Reaffirms Global Leadership In Entrepreneurship At 2025 GEC

2025/06/06
CSOs Hail Komolafe’s ‘Giant Strides’ As NUPRC Boss
Business

2024 Bid Rounds Violated No Oil Licencing Guidelines – Komolafe

2025/06/06
Leadership Conference advertisement

LATEST

‘I Can’t Follow You To APC’, Akwa Ibom Commissioner Tells Gov Eno, Resigns

Justice Uwais Was A Patriot, Stabiliser — Tinubu

Federal High Court Launches e-Filing Of Cases In Lagos

Beckham Set To Be Awarded Knighthood

Eid-el-Adha: Tinubu Seeks Prayers For Soldiers Fighting Terrorists

BREAKING: ‘I’m Now Making Progressive Move’, Akwa Ibom Gov Announces Defection To APC

Rehabilitation Work Resumes At Port Harcourt Refinery 

Eid-el-Kabir: CAN Urges Citizens To Preach Peace, Work For Justice 

JUST-IN: Ex-CJN Uwais Dies At 89

IPAC Urges Unity, Peace, Sacrifice As Nigerians Mark Eid-el-Kabir

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.