8th Newsletter – December 2016

Our office is substantially completed. We look forward to moving in the New Year.

New office

Title documents

We are working with the Lagos State Government to secure the global Certificate of Occupancy for the OIDC portion of the Island. Once concluded, we will begin the process of issuing deeds of sublease to our paid up subscribers.

Shore protection of access road

We have achieved good progress on the shore protection work on the access road. This has proved its importance especially during the rainy season, by protecting the access road from being washed away.

Shore protection work at access road.
Access road shore protection in progress.

Environmental Impact Assessment 

The 4th Quarter Impact Mitigation Monitoring Report has been completed and submitted to the Federal Ministry of the Environment. The next phase of EIA reporting has commenced with EcoPro being engaged to carry out the analysis for the Infrastructure and Access Road.

A delegation of the Federal Ministry of Environment, Lagos State Ministry of Environment and Eti-Osa Local Government has carried out their half-yearly inspection for the monitoring of environmental mitigations. The mission included meeting with the Project’s EIA Consultant and OIDC Project Team as well as a detailed site visit. The delegation confirmed compliance with all regulations.

FMEnv & Lagos State Ministry of Environment during their IMM visit.

Site visit by Ministry of Physical Planning

 Representatives from Lagos State Ministry of Physical Planning & Urban Development and Ministry of Works visited the Island and its access road, to inspect the road’s alignment with regard to the proposed Regional Road and Lagoon Road which are arterial roads scheduled to start in 2017.

Lagos State Ministry of Physical Planning during their visit

Featured Orange Island District

The Promenade The marina will be a focal point of the development and the node will be approached from a boulevard of mixed-use developments, terminating in a village square. Surrounding the square, a hotel / conference facility with retail and a promenade to the marina is proposed. A ferry terminal will be accommodated that will allow local residents to commute and ease vehicular congestion.

Did You Know!!!

Yas Island (Arabic: جزيرة ياس) is a man-made island in Abu DhabiUAE. It is the second largest island in the world. The island’s development project was initiated in 2006 by Abu Dhabi-based Aldar Properties (master developer), with the aim of turning the island into a multi-purpose leisure, shopping and entertainment centre at an estimated total cost of over $40 billion. This investment was planned as a multi-staged project to unfold in phases until 2018, with project stakeholders foreseeing the possibility of extending development by adding new venues and upgrading existing facilities. It occupies a total land area of 2,500 ha (25 km2), of which 1,700 ha will be claimed for development. Yas Island holds the Yas Marina Circuit, which has hosted the Formula One Etihad Airways Abu Dhabi Grand Prix since 2009.

Source : Google


Please note that in the event that you are unable to comply with your payment plan, OIDC will be constrained to refund monies paid to the date of default less administrative fees as specified under Clause 11.3.1 of the Contract of Sale.

Site Visits

If you are interested in visiting the Island, please call our office to book an appointment and collect an access tag.  During the holidays, please collect tag from the security office at the start of the access road. You will need to register so please bring along a photo ID.

Office Closure

Our office will close for Christmas on 16 December 2016 and will reopen on 9 January 2017.