13 years after, NLNG cooperative ends Cowrie Creek Estate project
The estate is developed over a 45-hectare of land for the purpose of collective development of the residential estate, with waterfront facilities, modern infrastructure, shopping mall, security, and playground.
Though it took over a decade to come to fusion, the NLNG Coop President, Mr. Zakari Kyari said the day had been a long time coming, as it was initially conceived in 2006 but commenced in 2007.
The project is the first real estate project by NLNG Cooperative; hence Kyari said that it nearly came to a halt due to poor management before the advent of his administration.
“Today is the coronation of a pledge I made almost two years ago. This project has now been achieved,” he noted.
He, however, commended former NLNG Coop President, Otunba Babatunde Fasomi for his vision in initiating the project while also thanking the HRM, the late Oba Yekini Elegushi, for his generosity in granting the approval to undertake the project in his domain.
While appreciating the subscribers, Kyari said the cooperative represents the strength of collective will. “When fully completed, it would have a recreational and commercial hub, which would include a pub house, sports center, and a shopping mall.
HRM Oba of Saheed Elegushi Kusenla III, who was represented by Hon. Olarenwaju Elegushi, a former Lagos Commissioner for Transport, commended the management for the success witnessed. He further expressed appreciation to the NLNG Coop for choosing his domain for the iconic project, stressing that the NLGN Cooperative was one of the pioneers of development in that axis.
Cowrie Creek Estate Committee Chairman, Mr. Uche Ikemefuna, on behalf of the committee, welcomed dignitaries to the official opening of what he termed “wonderful project”.
He said, “We are all here because we are stakeholders in this project and we are here to see what the efforts we have put in so far have materialised into.”
Speaking further, Ikemefuna said, “I want to tell you that NLGN projects are known for class and that is why the Cowrie Creek Estate, is the ideal luxury living abode.
“I can challenge you to go into the estate and have a look around. There is no wire dangling above any resident because Cowrie Creek took particular attention to ensure the façade oozes class and the ambiance is maintained and that it remains unique in the corridor of this axis.