Ikorodu torn between investors’ delight, cultural inhibitions

By Guardian Nigeria

Lagos State is no stranger to many citizens of the world. While Nigeria stands tall as the most populous black country on earth, Lagos remains the economic hub of Nigeria 27 years after Abuja replaced it as the country’s capital.

If Lagos were a country, its economy stands as the seventh largest in Africa – bigger than Cote d’Ivoire and Kenya, two of the continent’s most promising economies.While its boisterous cities of Ikeja, Apapa, Ikoyi, Victoria Island and the new Lagos, Ibeju-Lekki, which fall under the Ikeja and Lagos Island districts, grab all the headlines, the three remaining districts of Badagry, Epe and Ikorodu, are trailing behind in the shadows of the Centre of Excellence.

Many Lagosians refer to Ikorodu city as not being a part of Lagos, especially due to its lack of bubbly sensation and geographical extreme location. The question is where is Ikorodu situated? Ikorodu occupies the north-east zone of Lagos, along the Lagos lagoon sharing a defined boundary with Ogun State. Based on the last census conducted in 2006, the population of Ikorodu was 535,619. There are two major districts: Ikorodu Rural District, which has 57 towns and Irepodun District, comprising 66 towns.

Compared to other cities in Lagos, Ikorodu is notable for its slow adaptive nature to developments and tremendous investments. Although the way of living common to the indigenes can best be described as complacency even in the face of acute changes from various counterparts, nonetheless, Ikorodu has been referred to as the fastest rising city in terms of her population and this is majorly because of the abundance and affordability of landed property and the influx of citizens in search of low-income budget for their housing needs.

With the ballooning population, it is not far-fetched why investors see Ikorodu as a strategic vantage city to boost their market. Currently the Ikorodu economy is mainly driven by trade, farming and manufacturing. These are projected via a subsistence lifestyle.Residents, most especially indigenes, are notable for operating small-scale businesses on a retail sale system, more like merchandise to ease the stress of passersby on the street from having to go far into the markets, selling everyday produce gotten from farms within or nearby suppliers. This is in spite of a few booming markets like Mile 12 market, Sabo market and Ikorodu garage markets.

The city is, however, bogged down by cultural inhibitions leading to crisis of insecurity and social …read more

Read more here:: The Gurdian


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