I was electrocuted at the Wonderland. The one on the serene Eko Atlantic Beach. The former Bar Beach.
I had gotten a call from Chioma the brilliant Investment Banker. Edgar my friend K C has a situation and wants your numbers.
I said ok . Then Ezekiel called. Ezekiel is a brilliant entrepreneur who has built a very responsive franchise with outdoor tents and other such sporting activities.
Well the issue was that, some person had posted that her child was electrocuted at the resort and the post had gone viral leading to them being shut down by the Lagos Safety commission.
They obviously didn’t like the situation since they suspected foul play especially with a competitor who wasn’t very comfortable with the resemblance in branding and offering.
The fact that the lady who made the post was a content creator and the post also being carried by so many blogs showed that it was sponsored.
Furthermore, same lady was found some minutes after drinking and dancing at the same place where her child was just electrocuted.
As a private investigator, I jumped into the matter and found myself walking the over 1m square meters of the park with a visionary Nigerian called K.C Kennedy
First let me put it out there that according to KC, NO SUCH THING HAPPENED. no electric shock talkless of an electrocution.
The Lagos Safety Commission have done their part and have given them a clean bill of health and the place is opened to all free and fun loving Nigerians.
That said, let me throw some stats at you. 1million sq meters of reclaimed land, 1million visitors, N1b in capital expenditure and N1.5b in daily revenues with 3,000 Nigerians employed
I look the man and say, ‘ pls show me the wire let me electrocute myself.
Wait there is more. He is currently building a Dome that will host the Burna Boy show 1st of January, 2023.
Listen o. 35,000 people are expected to attend and at N30,000 per person? Do the math.
As we were talking alert was hitting his phone. In the one hour that I stayed with him, he had received over N78m in ticket sales on his phone.
Burna will hit him at about $1.5m dollars including fees, a private Jet and other logistics cost including housing him on the 19th floor of the three block exotic skyscrapers just over looking the venue.
As he spoke, Iooked at his head and began to womder is this not the kind of head that should be studied.
He cleaned out during the world cup. With a 5,000 seater venue with screens and a beer village for pundits to come watch the matches.
The one that killed me was the N5m per booth already paid for by VISA that came with a tiny swimming pool for guests to watch the match.
Visa paid about $500k for their guests for that one. The place also hosted the PSquare concert.
In all of this, his real goldmine is the data generated from this 1million pple who are visiting
Everything is cashless. U register on the website and a wallet is created for you and you transact on site.
The data generated is massive which could be deployed to so many retail endeavors.
The site will be a permanent fixture as he is already getting ready for the biggest tech fair next March.
The huge infrastructural development, the job creation and the massive impact on business and people of this project goes to further confirm that our renaisance will be led by Private business with an understanding Government providing macro support.
As I walk away, I wonder just how expensive the electrocution joke was in the face of such a huge project that has revolutionized the way we use technology to drive dreams and impact in the new economy that is entertainment.