Tinubu to Launch ₦2.4 Trillion Abuja City Walk Project on Thursday

President Bola Tinubu is set to officially launch the ₦2.4 trillion Abuja City Walk project on Thursday, marking the start of construction on one of Nigeria's largest mixed-use urban developments.

The 250-hectare project, located along the Nnamdi Azikiwe International Airport Road in the Federal Capital Territory (FCT), is expected to transform Abuja into a major investment, tourism, and commercial hub.

Developed through a partnership between MAG Group and Link Developments, the project will include residential, commercial, hospitality, entertainment, and cultural facilities. During the launch, Link Developments is expected to sign a Memorandum of Understanding (MoU) with Saudi royal Prince Khalid bin Saud bin Khalid bin Turki Al Saud, who will also address investors.

The master plan features a 450-metre skyscraper projected to become Africa's tallest building, a 13,000-seat indoor arena, an arts and exhibition district, and an environmentally friendly ecological corridor designed to improve flood control and climate resilience.

The City Walk project is situated within a Federal Government-designated Free Trade Zone, offering tax incentives and favourable regulations to attract foreign investors.

FCT Minister Nyesom Wike said the development is taking place on land previously allocated to the Abuja Technology Village, which remained undeveloped for over two decades. He noted that recent reforms by the FCT Administration made it possible to recover the land and attract investors.

According to Wike, the project aligns with President Tinubu's Renewed Hope Agenda by promoting economic growth, creating jobs, and encouraging foreign investment in Nigeria.

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