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Why Nigeria's plans for a dream Eldorado city are not radical
enough
By Gbenga Oduntan, special to CNN
Updated 1434 GMT (2134 HKT) August 10, 2015
Nigeria's plans for Eko Atlantic are not radical enough - CNN.com
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Editor's Note: Gbenga Oduntan is a Senior Lecturer in International Commercial Law at University of Kent. CNN is
showcasing the work of The Conversation, a collaboration between journalists and academics to provide news analysis
and commentary. The content is produced solely by The Conversation.
(CNN)The government of the state of Lagos -- Nigeria's former capital -- has proudly proclaimed it is
building a new city that will become the new financial center of Nigeria, and perhaps West Africa. The scale
of the Eko Atlantic project is immense and progress is being achieved through a team effort between
investors, planners, engineers and contractors.
Pitched as Africa's answer to Dubai, Eko Atlantic is a multibillion dollar residential and business development
that is located as an appendage to Victoria Island, and along the renowned Bar Beach shoreline in Lagos.
The plan is that it will:
Nigeria's plans for Eko Atlantic are not radical enough - CNN.com
Consist of ten square kilometers (3.86 square miles) of land reclaimed from the Atlantic Ocean
Be home to quarter of a million people and employ a further 150,000 people who will commute on daily
basis
Be billed as a 24-hour, green-conscious, world-class city; and
Attract and retain top multinational corporations
There is no shortage of doubters and critics of the initiative, which is seen as an exercise in runaway
neoliberalism by a country that cannot even ensure 30 days of continuous power supply to its citizens. The
truth, however, is that Lagos deserves its dream Eldorado and the economic case for Eko Atlantic is sound.
Read this: Africa's 'Cities of Opportunity' revealed
The only problem is that the plans are in fact not radical enough. Our argument is that this project is underimagined and should be shored up urgently to match other international projects in the fast-developing
countries. In particular, we believe a city should be created along the lines of Paul Romer's charter city.
These are cities in which the governing system is defined by the city rather than by state, provincial, regional
or national laws.
This would mean that Eko Atlantic city would operate under high standards of transparency and good
governance. Its security would be handled by independent policing standards. This could extend to other
aspects of its civil and criminal justice systems. Its sanitary, health, energy supplies, environment and other
regulatory rules should be pegged with comparable standards in London, New York, Paris, Dubai and
Shanghai.
This would ensure that the laws under which the territory operates are, in essence, free of stifling national
regulation which has stood in the way of most African cities operating at optimal levels.
Nigeria's plans for Eko Atlantic are not radical enough - CNN.com
Nigeria's plans for Eko Atlantic are not radical enough - CNN.com
It can be done
It is certain that the proposed changes will generate controversy. Nationalist feelings against this proposal
may run high. But this problem is not insurmountable.
Former U.S. President Ronald Reagan allowed himself the luxury of only one decorative plaque on his desk
in the Oval Office as president. It read: "It can be done."
The current governor of Lagos, Akinwunmi Ambode, will do himself and nearly everyone a great deal of
Nigeria's plans for Eko Atlantic are not radical enough - CNN.com
good if he gets himself a similar plaque to remind him of the golden opportunity the Eko Atlantic City
represents in his hands.
Copyright 2015 The Conversation. Some rights reserved.
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