Nigeria: What Would Lagos Without Victoria Island Look Like?

Did you know that if Lagos were a country, it would be one of Africa’s five largest economies ahead of countries like Cote d’Ivoire and Kenya? This should not surprise you. For a long time, Lagos has been the commercial nerve of Africa’s largest economy, Nigeria. The state has metamorphosed into a trade and investment hub for Nigeria and Africa as a whole.

Lagos boasts a massive GDP of approximately $33.68 billion, and the per-individual income is $4,335. This figure is more than any other region in Nigeria.

Lagos consists of a system of islands, sandbars, and lagoons. It sprawls over what used to be the four main islands: Lagos, Iddo (now attached to the mainland), Ikoyi (now attached to Lagos Island), and Victoria (now the tip of the Lekki Peninsula). This ‘Victoria island’ would have been obliterated from the map if not for the proactive steps taken by South Energyx Nigeria Ltd and the state government in 2006.

In the past, you will find that Victoria Island, the business and financial hub of Lagos, was plagued with a series of surges from the Atlantic Ocean, resulting in substantial flooding and erosion. One notable incident was in 2005 when the coastal road, Ahmadu Bello Way, collapsed into the ocean after the adjacent Bar Beach had been completely eroded.

To all observers and residents, it was apparent that Victoria Island was in imminent danger. Looming in the horizon was the loss of lives and properties. Many people abandoned their homes and businesses for fear of getting swept away. These ocean surges were a threat not just to residents but also to the state’s revenue.