$1trn Coastal Asset: SDAL charts eco-friendly future for Lagos
The SDAL President concluded by underscoring the economic potential of shoreline development, describing Lagos’ coastal assets as an “unlocked $1 trillion opportunity” that could transform the state into a global eco-friendly tourist destination.•As Omotola warns against profit-driven devt By Ishola Balogun The Shoreline Developers Association of Lagos (SDAL) was formally inaugurated yesterday, with its President, Lai Omotola, urging stakeholders to look “beyond profits to sustainability” in the face of rapid shoreline property growth and environmental threats.
Omotola emphasized collaboration between federal and state agencies, noting that the Nigeria Inland Waterways Authority (NIWA) should remain the lead regulator, while Lagos State retains authority over permits once reclaimed land is established.
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