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Lagos Partners With Singapore To Build $4.5 Billion Lagos Film City - Politics - Nairaland 5g282i

Lagos Partners With Singapore To Build $4.5 Billion Lagos Film City (9250 Views)

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Topman7: 8:02am On Dec 21, 2024
Singapore’s TSC Global and Nigeria’s Del-York Group Seal $4.5 Billion Deal to Build Lagos Film City


In a landmark moment for Africa’s creative and tech industries, Singapore’s TSC Global and Nigeria’s Del-York Group have signed a $4.5 billion t venture agreement, marking the largest investment in Africa’s creative sector to date. The g ceremony, held in Singapore and attended virtually by Lagos State Governor, His Excellency Babajide Sanwo-Olu, heralds the development of Lagos Film City (Kebulania), a project poised to position Lagos as a global hub for film, media, and technology.


Lagos Film City (Render)


“Lagos Film City (Kebulania) represents Lagos State’s vision for creative excellence and technological innovation,” remarked Sanwo-Olu. “This investment will transform our creative landscape while creating groundbreaking opportunities for our talented youth. This development demonstrates our commitment to positioning Lagos as Africa’s premier creative capital.”

He credited Nigeria’s President Bola Tinubu’s leadership and the state’s Creative Industry Policy for facilitating this transformative partnership.

Under the new partnership, TSC Global will bring its expertise in sustainable, high-performance technical infrastructure, an area where the company is known globally. Linus Idahosa, CEO of Del-York Group, serves as the lead developer of the project and is dedicated to building ecosystems that fuel Africa’s creative industry. A Memorandum of Understanding was signed with the Lagos State Government in 2022, and a groundbreaking ceremony was held at the Epe site last year. Architectural work will begin in early 2025, followed by construction in the second quarter.

“Today marks Africa’s emphatic entry into global creative and technological leadership,” said Idahosa at the g ceremony. “Kebulania stands as a testament to what is possible when visionary leadership at both national and state levels creates an enabling environment for transformative investments. With the unwavering of the Lagos State Government, alongside our partners, we are building more than an infrastructure – we are creating a legacy that will empower generations of African creators and innovators.”

Michael Dickerson, CEO of TSC Global, highlighted the strategic significance: ‘Our $4.5 billion t Venture bridges Africa and the world, creating unparalleled opportunities for creative and technological collaboration between continents. Together with the Del-York Group, we are creating a new model for creative industry development that will resonate globally.”

The Kebulania project is expected to generate over 10,000 direct jobs and 25,000 indirect employment opportunities, contributing more than $3.5 billion annually to Nigeria’s creative economy. It will also offer 50,000 training positions and boost foreign exchange earnings through international film and media productions.
https://businessday.ng/brands-advertising/article/singapores-tsc-global-and-nigerias-del-york-group-seal-4-5-billion-deal-to-build-lagos-film-city/

18 Likes 2 Shares

CodeTemplar: 8:09am On Dec 21, 2024
We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorrow.

12 Likes 5 Shares

Topman7: 8:14am On Dec 21, 2024
CodeTemplar:
We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorror.

Actually, ''we'' know no such thing at all.

You speak for YOURSELF only. Okay?

55 Likes 4 Shares

PulaPower: 9:07am On Dec 21, 2024
CodeTemplar:
We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorror.
And after they’ve started building it tomorrow, you’ll switch to una usual poem - how FG is building Lagos..

69 Likes 3 Shares

Dimiko: 9:11am On Dec 21, 2024
Shame on you, it will materialize and your negativity can do nothing about it.

16 Likes

Dimiko: 9:12am On Dec 21, 2024
Shame on you. Your negativity can not stop it. quote author=CodeTemplar post=133384171]We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorror. [/quote]

4 Likes 1 Share

jazzman7711: 10:18am On Dec 21, 2024
PulaPower:

And after they’ve started building it tomorrow, you’ll switch to una usual poem - how FG is building Lagos..

Abeg forget that guy jare… Some of these guys are just attention seekers, typing nonsense just to trigger folks…

25 Likes

xpressionx(m): 10:20am On Dec 21, 2024
Nice one.

Time to start making Hollywood standard movies.

3 Likes

Thewrath(m): 10:20am On Dec 21, 2024
Make them come build make we see na.

1 Like

FutureFocus: 10:22am On Dec 21, 2024
Beautiful , other states should follow suits by emulating Lagos state

Check my previous posts for cheap gadgets on Xmas bonus

5 Likes

Dagger111(m): 10:22am On Dec 21, 2024
Lagos la'gba. Yorubas to the world abeg, we are all doing well. If I wasn’t Yoruba, I’d be jealous of Yorubas. I’d be jealous of their language, I’d be jealous of their creativity, I’d be jealous of their ingenuity, I’d be jealous of their wealth, I’d be jealous of their unity, I’d be jealous of Lagos, Osun, Ogun, Ondo, Oyo, Ekiti and lastly Kwara States. God bless all the Yorubas doing us proud. God bless the legitimate hustle of every Yoruba person. God bless Nigeria. 👏🏽🤲🏾

61 Likes 1 Share

yoruboid: 10:24am On Dec 21, 2024
Just a reminder that we are not mates

A lot of regions are pulling Yorubaland backwards

We need to return to the regional system of government

Yorubas are visionary and development oriented

God bless Yorubaland

61 Likes 1 Share

Dapson73(m): 10:24am On Dec 21, 2024
CodeTemplar:
We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorror.



This is Lagos not Abia or Anambra. Positivity is not prohibited in the South West.

48 Likes

MrTuns: 10:24am On Dec 21, 2024
Some Haters are very desperate. They pray everyday for Lagos to move backwards but God doesn't answer such prayers

7 Likes

leisuretym: 10:33am On Dec 21, 2024
Dapson73:




This is Lagos not Abia or Anambra. Positivity is not prohibited in the South West.

Yes oo, we don't force people to sit at home here

18 Likes

PulaPower: 10:33am On Dec 21, 2024
yoruboid:
Just a reminder that we are not mates

A lot of regions are pulling Yorubaland backwards

We need to return to the regional system of government
I tell you bro. Regionalism is the way. It will help the west a lot. The west did really well during regionalism..

47 Likes

yoruboid: 10:34am On Dec 21, 2024
Dapson73:




This is Lagos not Abia or Anambra. Positivity is not prohibited in the South West.

Abia that is a clueless state

Imagine coming up with a budget of over N500bn for 2024 and only being able to do an IGR of only N22bn from January to September while hoping that the rest of Nigeria will raise money for them through FAAC

Even Osun and Ekiti state had higher IGRs than Abia

41 Likes

leisuretym: 10:36am On Dec 21, 2024
MrTuns:
Some Haters are very desperate. They pray everyday for Lagos to move backwards but God doesn't answer such prayers

Funny most if you see them at the train station in marina rushing in gra gra, you will be shocked these are they same people who criticized the project, bros, the way they rushes in gidigbo style is dangerous, both men and women, I can't let someone come and blow my jaw because I want to enter train to beat traffic, if you are not careful, they will injure you seriously, they run in with full force like elephant on full speed, I'm not exaggerating

2 Likes 1 Share

IgboSomalia: 10:38am On Dec 21, 2024
CodeTemplar:
We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorror.

Your fathers said more than this when the factories and infrastructure in Lagos were being built.

Have you forgotten how you were bleating when Lekki Free Trade Zone started?

9 Likes 1 Share

healthkknatural(m): 10:38am On Dec 21, 2024
Instead of them to bring Investors in Agriculture/Poultry and fisheries ,Large Massive Fertile Land stretches across the Nation .

Misplaced Priorities.

Nigerians Needs Food , It would boost Economy when we have Abundance and Also Export. Employment and Food Availability

2 Likes

AOB1: 10:38am On Dec 21, 2024
Good
Blazetrailer: 10:42am On Dec 21, 2024
Lamba
Britishpea: 10:42am On Dec 21, 2024
CodeTemplar:
We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorror.

Yeah just like red line and blue line...dimwitted tumoured brain

41 Likes

Calitoscassius(m): 10:51am On Dec 21, 2024
Very nice in pictures, but let's see it actualise.

If it does actuallise, when it does, all the under bridge dwellers so called owners of Lagos and poor folk who lives in poor and ghetto areas would be evicted. Infact, in the end only wealthy people could afford to live in Lagos.
marlow1962(m): 10:58am On Dec 21, 2024
Take lagosians out from the street/slum before thinking on building a billion dollar film industry.

2 Likes

jimi4us: 10:59am On Dec 21, 2024
That's money thrown into dustbin , but we all know what is behind this so-called investors. Land grabbing from locals)

chagory brothers and Tinubu family did more than this to take over Lagos lands (Banana island) and Eko Atlantic.
Rebelutionary: 11:03am On Dec 21, 2024
Calitoscassius:
Very nice in pictures, but let's see it actualise.

If it does actuallise, when it does, all the under bridge dwellers so called owners of Lagos and poor folk who lives in poor and ghetto areas would be evicted. Infact, in the end only wealthy people could afford to live in Lagos.
The negativity some of you emit is nauseous: you went from cynicism of "let's see it actualise" to another layer of negativity; "in the end only wealthy people could afford to live in Lagos". Nawao undecided

5 Likes

Calitoscassius(m): 11:10am On Dec 21, 2024
Rebelutionary:

The negativity some of you emit is nauseous: you went from cynicism of "let's see it actualise" to another layer of negativity; "in the end only wealthy people could afford to live in Lagos". Nawao undecided
Stop being emotional. Some of us actually lives in reality rather than emotional, you can call it what you want.

Yes, if what i see in that picture is ever built in Lagos i repeat only wealthy people could afford to live in Lagos in the end. That is even already happening now, cheesy it is the price people pay as a result of development. Lagos today is not the Lagos of 30 years ago.

Why do you think there are homeless people in New York, Paris and London? cheesy

Believe it or not. Be realistic mate! It is not negativity, then again, what would you know about development. grin why would i be negative about a development that would benefit me financially? undecided
jazzman7711: 11:12am On Dec 21, 2024
Dagger111:
Lagos la'gba. Yorubas to the world abeg, we are all doing well. If I wasn’t Yoruba, I’d be jealous of Yorubas. I’d be jealous of their language, I’d be jealous of their creativity, I’d be jealous of their ingenuity, I’d be jealous of their wealth, I’d be jealous of their unity, I’d be jealous of Lagos, Osun, Ogun, Ondo, Oyo, Ekiti and lastly Kwara States. God bless all the Yorubas doing us proud. God bless the legitimate hustle of every Yoruba person. God bless Nigeria. 👏🏽🤲🏾

You SW guys have allowed Obidients to turn you into tribalists.

This is not you, man.

Yorubas are nationalists. Patriots.

Awo, Beko, Gani, Fela, Soyinka, Tai Solarin, Ige, Falana.

You’re bigger than this tribalist stuff. Don’t let IPOB and Obidients drag you down to their level.

8 Likes 1 Share

dogo568: 11:14am On Dec 21, 2024
yoruboid:
Just a reminder that we are not mates

A lot of regions are pulling Yorubaland backwards

We need to return to the regional system of government

Yorubas are visionary and development oriented

God bless Yorubaland


It's name is Lagos, not Yoruba land. Tell me any other sw state doing big things. The answer is zero

2 Likes 1 Share

AcadaWriter0: 11:14am On Dec 21, 2024
It's disappointing to see this, but it will happen, and your negativity won't change that.
sulaak(m): 11:22am On Dec 21, 2024
CodeTemplar:
We all know this is impossible. Nigeria and corporate schemes/scams. MoU today and MoU tomorror.

If MOUs were the standard for measuring a country's GDP, Nigeria's GDP would be closer to South Korea's rather than the measly $199 billion closer to Ethiopia's.

Nigerians need to be realistic about their development. What is the status of the $100 million Epe film city?

2 Likes 1 Share

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