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Firm unveils N5 billion proposed Ikeja IT mart

An Infrastructure development company and an infrastructural firm, Master Reality International Concept Limited, has unveiled plans to build the first Information Technology, IT Mart in Africa. The proposed mart which is put at a cost of N5 billion will be located in Ikeja.

The mart, to be named Ikeja IT Mart will be built on three acres of land at Simbiat Abiola Way, directly beside the new Ikeja Bus Station on the axis of Otigba Computer Village.

Speaking on the project, the Chief Executive Officer, CEO, Master Reality International Concept Limited, Lai Omotola said the company believed strongly that in government’s effort to diversify the economy, one of the fastest ways of doing this was through IT.

“Basically today, there is so much crave for content and content development. And where does content travel to? Content travels through data. It is now known that data would move faster than voice, that people will be using more of data than voice.

“And in order for us to prepare for the coming demand and even the existing demand that is making our network today shaky, we have decided that we pioneering Ikeja IT mart as a way of solidifying the value chain end of the IT and communication industry.

“We believe that the history of IT started in Ikeja and we must not lose that history,” he said.

Proposed design of the IT mart

According to him, the mart was going to be a specialised mall that is basically for the specialization and operation of ICT adding that the firm was building this to compete globally and to get the global attention that Lagos was ready for content development.

“Today in Nigeria, we are a building mobile technology, you find situation where you have everything on the go, and it is only technology that can give you everything on the go. People want to do transfer on the go, attend church services on the go, watch movies on the go, everyone wants to get information as it happens.

“What we want to do is to harmonise the entire scattered value chain end and concentrate them into one place to give unique services and also to compete globally. The IT mart is going to have a ground floor plus three levels having 1,000 shop outlets. It will have a multi-storey car park that will take 280 cars. Nice landscape, strategically located, two bullion vans, trucking bay, banking hall and the first IT laboratory that will be globally certified,” he said.

He said the site had been cleared and branded and is now at the stage of seeking approval from the government to move on with the project, adding that from the time of approval, the project would take 18 months to complete.



Idris Aina
Idris is a media and communications professional with keen attention to details. An entertainment enthusiast, he is an ardent fan of the team from the Red Side of Manchester with love for football banters. He tweets with the handle @arlomah.