….Says Mega City Projects Will Create Jobs, Drive Economic Growth
The Managing Director and Chief Executive Officer of T Pumpy Concept, Akintayo Adaralegbe has explained why mega cities are essential for progress and prosperity of a nation
He further disclosed that the company’s mega city project will create jobs, drive economic growth, and provide affordable housing for thousands of Nigerians in Abuja.
Speaking during a media briefing on Tuesday in Abuja, Adaralegbe described the mega city, set to be unveiled March in the nation’s capital, as a luxury hub that will improve global connectivity.
He guaranteed that, as part of its effort to support the federal and state governments in tackling Nigeria’s housing deficit, the mega city will be affordable for the majority of Nigerians, offering a flexible payment plan.
He said: “Set to be officially unveiled in March, the T Pumpy mega city promises to reshape the urban landscape of Abuja and address some of the city’s most pressing issues, such as the housing deficit and high unemployment rates.
“The mega city is more than just a residential and commercial development. It is envisioned as a luxury hub that will also enhance global connectivity and create a vibrant, prosperous community.
“This development is designed not only to provide much-needed housing for Nigerians but to serve as a catalyst for economic growth and job creation. It is a crucial project that will contribute significantly to the development of both Abuja and the nation as a whole.
“The T Pumpy mega city is set to create numerous job opportunities in various sectors, from construction to operations, retail, and other industries. This large-scale development will require a substantial workforce during both its construction and operational phases, providing employment to thousands of skilled and unskilled workers.
“Given the high unemployment rates in Nigeria, especially among youth, the creation of jobs through this project is of critical importance. The project will offer long-term career prospects, helping to reduce unemployment and provide pathways for professional growth.”
He further explained that as the mega city becomes operational, it will also attract a wide range of businesses, and expanding the job market and stimulating economic activity in the region.
“The project is expected to serve as a magnet for both local and international investors, bringing much-needed investment into Abuja and Nigeria. This influx of investment will provide a significant boost to the economy, generating revenue and creating even more opportunities for entrepreneurship and business development. The T Pumpy mega city will therefore serve as a key driver of economic growth, benefiting not only the residents but the entire country.
“Addressing the housing crisis in Nigeria is another key objective of the T Pumpy mega city. With a rapidly growing population, especially in urban areas such as Abuja, the need for affordable housing has never been greater. The T Pumpy mega city project will provide thousands of Nigerians with access to quality, affordable homes, making homeownership a reality for many who might otherwise struggle to afford traditional housing options. The development is designed to cater to a wide range of income levels, ensuring that a diverse demographic can benefit from the project,” he said.
Adaralegbe emphasized that “by offering a flexible payment plan, the mega city will make homeownership more accessible to many Nigerians, including young professionals, first-time buyers, and families. The development will offer more than just affordable housing; it will provide a high standard of living with world-class amenities such as modern infrastructure, recreational facilities, and secure living spaces. The mega city will be a desirable place to live, enhancing the overall quality of life for its residents and fostering a sense of community.
“The project will also prioritize social interaction and community engagement. The mega city will feature public spaces, entertainment centers, and cultural hubs that encourage residents to connect and engage with one another. This focus on social cohesion is vital to creating a vibrant and thriving community, where individuals can come together to live, work, and play in an environment that supports their needs and aspirations.”