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Sujimoto plans N1billion project in Banana Island



It’s now confirmed that Sujimoto Construction has been able to source over N1 Billion from local investors for its ongoing ‘mystery’ project on Banana Island, Lagos. The fact that such a project could raise such a substantial investment completely from local investors, has lent credibility and confidence to the Nigerian real estate industry.

Inside sources claim that the project, which has been kept a secret by Sujimoto boss, Mr. Sijibomi Ogundele, is a development of extremely luxurious terrace houses in the heart of Africa’s most expensive neighbourhood. However, the name and full description of this ongoing project is still unknown.

Meanwhile, there are speculations that the heavy investment is the reason Ogundele took to social media to post a cryptic message: “The storm is over” and declare his marriage plans. The social media world was shaken and women went into frenzy, as the billionaire real estate mogul promised to crown one lucky woman with a mind blowing proposal, accompanied by generous gifts of a Rolls Royce and a house in Banana Island.


So, is this ‘mystery’ project a comeback for Sujimoto Construction, the developer and promoter of the abandoned Lorenzo project, which was supposed to be Africa’s tallest residential building? Only time shall tell.

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