- Tinubu will officially launch the N2.4tn Abuja City Walk project on Thursday
- The 250-hectare development will feature homes, offices, entertainment and commercial facilities
- The project is expected to attract investment and create thousands of jobs
President Bola Tinubu is set to inaugurate the N2.4 trillion Abuja City Walk project on Thursday, signalling the official commencement of one of Nigeria’s largest mixed-use urban developments.
Eko Hot Blog gathered that the groundbreaking ceremony will take place at the project site along the Nnamdi Azikiwe International Airport corridor in the Federal Capital Territory, where construction of the 250-hectare development is expected to begin.
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The project is being executed through a partnership between MAG Group, the parent company of MAG International Links Limited, and Link Developments.
As part of the event, Link Developments is expected to sign a Memorandum of Understanding with Saudi royal, Prince Khalid bin Saud bin Khalid bin Turki Al Saud, who will also address investors at the ceremony.
Representatives of the Nigeria-Arab Gulf Chamber of Commerce are also expected to attend, highlighting increasing investment interest from Gulf countries in Nigeria’s property sector.
Located within a Federal Government-designated Free Trade Zone, the development is expected to benefit from investment-friendly incentives aimed at attracting foreign capital.
The master plan, designed by global architecture firm Benoy, features a 450-metre skyscraper that is projected to become the tallest building in Africa. The tower will accommodate commercial offices, luxury apartments and hospitality facilities.
The project will also include a 13,000-capacity indoor arena, making it the country’s largest enclosed venue for sports and entertainment, as well as an arts and cultural district with exhibition and performance spaces.
Another major attraction is the “Living Ravine,” an environmentally sustainable corridor designed to improve flood control, harvest rainwater and enhance climate resilience through wetlands and green waterways. The design has already been shortlisted for the 2026 World Landscape Architecture Awards.
The project gathered pace following reforms introduced by the Federal Capital Territory Administration under Minister Nyesom Wike, which facilitated the recovery of dormant land originally allocated to the Abuja Technology Village more than two decades ago.
The administration completed key regulatory approvals, issued a Certificate of Occupancy and committed to providing access roads, while the developers agreed to implement the project in phases.
The joint venture behind Abuja City Walk was formalised in June 2025, with developers describing the project as a blend of residential, commercial, hospitality, entertainment and cultural facilities intended to position Abuja as a leading destination for investment and tourism.
Speaking on the initiative, Wike said the site had remained largely undeveloped for over 20 years despite its enormous potential.
He noted that the project aligns with the Federal Government’s Renewed Hope Agenda by attracting investors, stimulating economic activity and creating employment opportunities for Nigerians.
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