SlideShare a Scribd company logo
1 of 13
CASE STUDY: OWORONSHOKI
PRESENTED BY STUDENTS OF THE DEPARTMENT OF ESTATE
MANAGEMENT, UNIVERSITY OF LAGOS
DECEMBER 2014
INTRODUCTION
Harnedez Desoto in his Mystery of Capital; states that, “Capitalism greatest triumph is in the hour
of crisis ”.
The major aim of this business case is to establish the feasibility and viability of carrying out the
much needed intervention in Oworo community. We will show that economic gains can be
achieved for both residents and investors in various aspects of this regeneration exercise and also
show that social gains can be made and at the same time, provide reasonable solutions for social
resistance and other such deterrents to investment in this community.
We also went ahead to classify Oworo into
 Oworo Town
Oworo Slum
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
ADOPTED
REGENERATION TOOLS
 ASSET BASED
COMMUNITY
DEVELOPMENT
 LAND POOLING
 LAND SWAPPING
STAKE HOLDERS
 RESIDENTS
 INSTITUTIONS &
ORGANIZATIONS
 INVESTORS
 NGOS
 GOVERNMENT
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
ASSET BASED COMMUNITY DEVELOPMENT
Asset-Based Development genuinely empowers
citizens and strengthens government and agency
effectiveness by drawing on local residents’
resources, abilities, and insights to solve their
own problems or at least be a major player in the
process.
As mentioned earlier, the ABCD needs to be
combined with other regeneration tools. We
utilized the Needs Approach and identified the
various infrastructure needs and rehabilitation
works that are pressing.
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
IMPORTANT ASSETS IN THE COMMUNITY THAT CAN CONTRIBUTE TO THE PROCESS
 The youth can be a major contributor of labour needed in the process.
Community sand extractors can supply sand at cheaper prices as the cost of freight is
reduced.
Mobility and securing of site equipment and machinery can be achieved by
association leaders.
Folabi medical centre can offer medical care to all site workers among others.
The taxi driver association can provide emergency vehicle for the police among others.
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
NEED ASSESSMENT
OWORO TOWN OWORO SLUM
 CONSTRUCTION OF
ALTERNATIVE ACCESS
ROAD
 IMPROVING SECURITY
 ADEQUATE ELECTRICITY
 COMMUNITY
PRIMARY/SECONDARY
SCHOOL
 COMPLETE URBAN
REGENERATION
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
 The first phase is the construction of a
ferry port at the lagoon end of the Oworo
road.
 Feasible since there is currently a Lagos
state water board authority facility
located at the spot which can be
upgraded to a standard port and serve as
a means of moving people and goods out
of the community to the island and other
port areas like Apapa and Ikorodu.
 This project can be handled via the PPP
(public private partnership) where the
government develops the port and grant
operational licenses to private investors
who would provide the ferries.
 The second phase is to standardize the
link to the Iyana-oworo express by car
wash bus stop.
 Can also be by PPP
OUR PROPOSAL FOR ALTERNATIVE ACCESS ROAD
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
BENEFITS
GOVERNMENTINVESTORS
 Tag fees for transportation.
 Generate income through
advertisement and branding
 Offer VIP and chatter services
 Provide ferries that can carry
private cars over water.
 Social responsibility
 Recoup capital by imposing
betterment rates on the
community upon visible growth
of the community.
 More control of the fishing
activities of fishermen in a bid to
reduce exploitation and illegal
bunkering
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
MECHANISM FOR IMOROVING SECURITY
Establishing recognized Vigilante groups:
 Made up of local and capable community residents who will liaise with the Nigeria Police, Oworonshoki
Division to ensure a peaceful environment.
 The vigilante’s group salary can be sponsored by residents and car owners in the community. Their
equipment, clothing and other resources can be funded by private investors who would benefit by
branding these items for advertisement purposes.
Provision of streetlights through innovative means.
 Encourage more people to walk at night which would increase informal surveillance.
Increase community pride and cohesiveness, leading to a greater willingness to intervene in crime and
report it.
 Streetlights can also be private sector funded as they can generate income through branding and
advertisement.
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
OWORO SLUM PROPOSAL
In the case of Oworo slum, a complete Urban renewal is to be carried out and it would involve the
combination of two techniques which are Land pooling and Land swap.
LAND POOLING
Land pooling is a technique whereby government encourages people to submit their land for urban renewal
and after the process, revert a smaller portion of but higher priced land to them back.
LAND SWAP
The land swap policy on the other hand is a novel initiative in Nigeria which was first adopted by the FCT
minister, Senator Bala Mohammed in Abuja. It involves the granting of lands (especially reserved virgin areas)
to competent real estate developers who will in turn provide agreed infrastructures in the area. The policy is
intended to cost the government little or no expenses if efficiently employed.
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
RECOMMENDATION
From our above description of what Land pooling and land swapping is, one would see that the two are not
mutually exclusive. The people of Oworo slum have to first agree to submit their land to the government. The
government can then agree with private investors to fund the regeneration exercise in exchange for a certain
portion of the land and everyone is happy at the end of the day. Asides the obvious roads, housing, drainages,
and others which ought to be provided, below is a peculiar infrastructure we propose for Oworo slum:
 Fishing processing factory
 2 nos 50 (2) bedroom high rise to service former land owners
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
BENEFITS
GOVERNMENTINVESTORS
 Availability of land which can
be used for other investments.
 Proximity to water body which
would increase the viability of
any proposed project.
 Provision of relatively cheap
labour and raw materials; e.g.
Sharp sand, local labour and
other community resources.
 Advertisement and branding.
 Fulfilment of social
responsibility of increasing
populace welfare
 Increased value of properties
can generate revenue through
property taxes
 Opportunity cost of the
supposed urban generation fund
can be diverted to other sectors of
the economy
Boost national productivity
through job creation.
COMMUNITY
 Water body can act as
alternative access way, boosting
accessibility.
 Increased value of land which
translates to increased revenue.
 Increase in their per capita
income among others.
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
SUMMARY AND CONCLUSION
As stated in the introduction of this section, the process of complete urban regeneration must be done with
the aim of:
 Harnessing available potential
 Land assembly
 Self-finance and
 Protection of social capita
It can be concluded from the survey that the people of Oworo possess latent talent and skills, which if
ignited, channeled, and utilized properly could bring the much needed development into the community.
We have been able to establish a business case for an urban regeneration exercise through these skills (i.e
utilizing the asset based community development approach) that is feasible and viable. We have showed
that economic gains can be achieved for both residents and investors in various aspects of this regeneration
exercise and also show that social gains can be made and at the same time, we have provided reasonable
solutions for social resistance and other such deterrents to investment in this community.
We hope that this business case will be favorably considered.
Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.

More Related Content

Viewers also liked

SoHo Real Estate :: Ogdengroup
SoHo  Real Estate :: OgdengroupSoHo  Real Estate :: Ogdengroup
SoHo Real Estate :: OgdengroupDavid Ogden
 
AFRICA POWER VENTURES_CAPABILITY STATEMENT
AFRICA POWER VENTURES_CAPABILITY STATEMENTAFRICA POWER VENTURES_CAPABILITY STATEMENT
AFRICA POWER VENTURES_CAPABILITY STATEMENTMarc Goldstein
 
Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...
Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...
Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...Nate Sandvig
 
Monetary Systems in Current Markets
Monetary Systems in Current MarketsMonetary Systems in Current Markets
Monetary Systems in Current MarketsSunny Sabharwal
 
Business Viability of a Lifescience Early-Stage Project
Business Viability of a Lifescience Early-Stage ProjectBusiness Viability of a Lifescience Early-Stage Project
Business Viability of a Lifescience Early-Stage Projectcarlosgabas
 
Renewable Energy Sector Funding
Renewable Energy Sector FundingRenewable Energy Sector Funding
Renewable Energy Sector FundingResurgent India
 
Investment Banking, Private Equity & Subprime Crisis
Investment Banking, Private Equity & Subprime CrisisInvestment Banking, Private Equity & Subprime Crisis
Investment Banking, Private Equity & Subprime CrisisSunny Sabharwal
 
Financial analysis for development project
Financial analysis for development projectFinancial analysis for development project
Financial analysis for development projectArifin Abdul Latif
 

Viewers also liked (15)

SoHo Real Estate :: Ogdengroup
SoHo  Real Estate :: OgdengroupSoHo  Real Estate :: Ogdengroup
SoHo Real Estate :: Ogdengroup
 
Cluster theory diagram
Cluster theory diagramCluster theory diagram
Cluster theory diagram
 
Liveable cities
Liveable citiesLiveable cities
Liveable cities
 
Culture as a Tool for Urban Regeneration
Culture as a Tool for Urban RegenerationCulture as a Tool for Urban Regeneration
Culture as a Tool for Urban Regeneration
 
AFRICA POWER VENTURES_CAPABILITY STATEMENT
AFRICA POWER VENTURES_CAPABILITY STATEMENTAFRICA POWER VENTURES_CAPABILITY STATEMENT
AFRICA POWER VENTURES_CAPABILITY STATEMENT
 
Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...
Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...
Public Webinar: Challenges and Opportunities for Pumped Storage Hydropower in...
 
Commercial Viability Analysis For Solar Thermal Power 2003 Pps
Commercial Viability Analysis For Solar Thermal Power 2003 PpsCommercial Viability Analysis For Solar Thermal Power 2003 Pps
Commercial Viability Analysis For Solar Thermal Power 2003 Pps
 
Monetary Systems in Current Markets
Monetary Systems in Current MarketsMonetary Systems in Current Markets
Monetary Systems in Current Markets
 
Business Viability of a Lifescience Early-Stage Project
Business Viability of a Lifescience Early-Stage ProjectBusiness Viability of a Lifescience Early-Stage Project
Business Viability of a Lifescience Early-Stage Project
 
Power Plus Solar
Power Plus Solar Power Plus Solar
Power Plus Solar
 
Ncd issuance process
Ncd issuance processNcd issuance process
Ncd issuance process
 
Renewable Energy Sector Funding
Renewable Energy Sector FundingRenewable Energy Sector Funding
Renewable Energy Sector Funding
 
Investment Banking, Private Equity & Subprime Crisis
Investment Banking, Private Equity & Subprime CrisisInvestment Banking, Private Equity & Subprime Crisis
Investment Banking, Private Equity & Subprime Crisis
 
Toll Roads
Toll RoadsToll Roads
Toll Roads
 
Financial analysis for development project
Financial analysis for development projectFinancial analysis for development project
Financial analysis for development project
 

Similar to A Presentation on A Business Case for Urban Regeneration in Oworonshoki, Lagos Nigeria.

Godwin oriabure mooc-artifact_ffd_worldbank_mooc.
Godwin oriabure mooc-artifact_ffd_worldbank_mooc.Godwin oriabure mooc-artifact_ffd_worldbank_mooc.
Godwin oriabure mooc-artifact_ffd_worldbank_mooc.dames68
 
the goree project-Program Prospectus_Rev-6-POST
the goree project-Program Prospectus_Rev-6-POSTthe goree project-Program Prospectus_Rev-6-POST
the goree project-Program Prospectus_Rev-6-POSTPatra Afrika
 
Assessing the socioeconomic repercussions of the Adani Sri Lanka initiative
Assessing the socioeconomic repercussions of the Adani Sri Lanka initiativeAssessing the socioeconomic repercussions of the Adani Sri Lanka initiative
Assessing the socioeconomic repercussions of the Adani Sri Lanka initiativeAdani SriLanka
 
Présentation Bootcamp 1 OR.pptx
Présentation Bootcamp 1 OR.pptxPrésentation Bootcamp 1 OR.pptx
Présentation Bootcamp 1 OR.pptxwalidlaqrafi
 
A TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.Pdf
A TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.PdfA TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.Pdf
A TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.PdfTodd Turner
 
SP - Mid Rift 2009-2011 Rev. 14-04-09
SP - Mid Rift 2009-2011 Rev. 14-04-09SP - Mid Rift 2009-2011 Rev. 14-04-09
SP - Mid Rift 2009-2011 Rev. 14-04-09Daniel Mathews Were
 
Afrolinks International Frontiers Ltd. information bio
Afrolinks International Frontiers Ltd. information bioAfrolinks International Frontiers Ltd. information bio
Afrolinks International Frontiers Ltd. information bioafrolinks
 
Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...
Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...
Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...Edward Erasmus
 
Agrarian reform program under president joseph ejercito estrada
Agrarian reform program under president joseph ejercito estradaAgrarian reform program under president joseph ejercito estrada
Agrarian reform program under president joseph ejercito estradaF Mad
 
Bekithemba Langalibalele - RTD11 2015
Bekithemba Langalibalele - RTD11 2015Bekithemba Langalibalele - RTD11 2015
Bekithemba Langalibalele - RTD11 2015Better Tourism Africa
 
UMSL IS | Farmer 2 Farmer Program
UMSL IS | Farmer 2 Farmer ProgramUMSL IS | Farmer 2 Farmer Program
UMSL IS | Farmer 2 Farmer ProgramMaurice Dawson
 

Similar to A Presentation on A Business Case for Urban Regeneration in Oworonshoki, Lagos Nigeria. (20)

SEN PPPBROCHURE EN
SEN PPPBROCHURE ENSEN PPPBROCHURE EN
SEN PPPBROCHURE EN
 
Unemployment solution to Youth in Tanzania through Agricultural sector
Unemployment solution to Youth in Tanzania through Agricultural sectorUnemployment solution to Youth in Tanzania through Agricultural sector
Unemployment solution to Youth in Tanzania through Agricultural sector
 
Godwin oriabure mooc-artifact_ffd_worldbank_mooc.
Godwin oriabure mooc-artifact_ffd_worldbank_mooc.Godwin oriabure mooc-artifact_ffd_worldbank_mooc.
Godwin oriabure mooc-artifact_ffd_worldbank_mooc.
 
2010 Portofolio Review Final Report
2010 Portofolio Review Final Report2010 Portofolio Review Final Report
2010 Portofolio Review Final Report
 
NAEE 2015 exhibitors brochure
NAEE 2015 exhibitors brochureNAEE 2015 exhibitors brochure
NAEE 2015 exhibitors brochure
 
the goree project-Program Prospectus_Rev-6-POST
the goree project-Program Prospectus_Rev-6-POSTthe goree project-Program Prospectus_Rev-6-POST
the goree project-Program Prospectus_Rev-6-POST
 
Assessing the socioeconomic repercussions of the Adani Sri Lanka initiative
Assessing the socioeconomic repercussions of the Adani Sri Lanka initiativeAssessing the socioeconomic repercussions of the Adani Sri Lanka initiative
Assessing the socioeconomic repercussions of the Adani Sri Lanka initiative
 
Présentation Bootcamp 1 OR.pptx
Présentation Bootcamp 1 OR.pptxPrésentation Bootcamp 1 OR.pptx
Présentation Bootcamp 1 OR.pptx
 
MY WORK-BK
MY WORK-BKMY WORK-BK
MY WORK-BK
 
Volume 1 issue 19
Volume 1 issue 19Volume 1 issue 19
Volume 1 issue 19
 
Emc presentation 14 october 2013
Emc presentation   14 october 2013Emc presentation   14 october 2013
Emc presentation 14 october 2013
 
A TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.Pdf
A TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.PdfA TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.Pdf
A TECHINICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME.Pdf
 
SP - Mid Rift 2009-2011 Rev. 14-04-09
SP - Mid Rift 2009-2011 Rev. 14-04-09SP - Mid Rift 2009-2011 Rev. 14-04-09
SP - Mid Rift 2009-2011 Rev. 14-04-09
 
Afrolinks International Frontiers Ltd. information bio
Afrolinks International Frontiers Ltd. information bioAfrolinks International Frontiers Ltd. information bio
Afrolinks International Frontiers Ltd. information bio
 
Mission goorgoorlu gsbi 2010
Mission goorgoorlu   gsbi 2010Mission goorgoorlu   gsbi 2010
Mission goorgoorlu gsbi 2010
 
Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...
Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...
Nation of Innovation - Aruba Opportunity Plan v2 (Commission Nation of Innova...
 
Agrarian reform program under president joseph ejercito estrada
Agrarian reform program under president joseph ejercito estradaAgrarian reform program under president joseph ejercito estrada
Agrarian reform program under president joseph ejercito estrada
 
PROPOSAL
PROPOSALPROPOSAL
PROPOSAL
 
Bekithemba Langalibalele - RTD11 2015
Bekithemba Langalibalele - RTD11 2015Bekithemba Langalibalele - RTD11 2015
Bekithemba Langalibalele - RTD11 2015
 
UMSL IS | Farmer 2 Farmer Program
UMSL IS | Farmer 2 Farmer ProgramUMSL IS | Farmer 2 Farmer Program
UMSL IS | Farmer 2 Farmer Program
 

Recently uploaded

2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptxMaritesTamaniVerdade
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jisc
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...Nguyen Thanh Tu Collection
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsKarakKing
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxheathfieldcps1
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Jisc
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfNirmal Dwivedi
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxCeline George
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...ZurliaSoop
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxEsquimalt MFRC
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxAreebaZafar22
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxPooja Bhuva
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxDr. Ravikiran H M Gowda
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxDr. Sarita Anand
 

Recently uploaded (20)

2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptx
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 

A Presentation on A Business Case for Urban Regeneration in Oworonshoki, Lagos Nigeria.

  • 1. CASE STUDY: OWORONSHOKI PRESENTED BY STUDENTS OF THE DEPARTMENT OF ESTATE MANAGEMENT, UNIVERSITY OF LAGOS DECEMBER 2014
  • 2. INTRODUCTION Harnedez Desoto in his Mystery of Capital; states that, “Capitalism greatest triumph is in the hour of crisis ”. The major aim of this business case is to establish the feasibility and viability of carrying out the much needed intervention in Oworo community. We will show that economic gains can be achieved for both residents and investors in various aspects of this regeneration exercise and also show that social gains can be made and at the same time, provide reasonable solutions for social resistance and other such deterrents to investment in this community. We also went ahead to classify Oworo into  Oworo Town Oworo Slum Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 3. ADOPTED REGENERATION TOOLS  ASSET BASED COMMUNITY DEVELOPMENT  LAND POOLING  LAND SWAPPING STAKE HOLDERS  RESIDENTS  INSTITUTIONS & ORGANIZATIONS  INVESTORS  NGOS  GOVERNMENT Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 4. ASSET BASED COMMUNITY DEVELOPMENT Asset-Based Development genuinely empowers citizens and strengthens government and agency effectiveness by drawing on local residents’ resources, abilities, and insights to solve their own problems or at least be a major player in the process. As mentioned earlier, the ABCD needs to be combined with other regeneration tools. We utilized the Needs Approach and identified the various infrastructure needs and rehabilitation works that are pressing. Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 5. IMPORTANT ASSETS IN THE COMMUNITY THAT CAN CONTRIBUTE TO THE PROCESS  The youth can be a major contributor of labour needed in the process. Community sand extractors can supply sand at cheaper prices as the cost of freight is reduced. Mobility and securing of site equipment and machinery can be achieved by association leaders. Folabi medical centre can offer medical care to all site workers among others. The taxi driver association can provide emergency vehicle for the police among others. Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 6. NEED ASSESSMENT OWORO TOWN OWORO SLUM  CONSTRUCTION OF ALTERNATIVE ACCESS ROAD  IMPROVING SECURITY  ADEQUATE ELECTRICITY  COMMUNITY PRIMARY/SECONDARY SCHOOL  COMPLETE URBAN REGENERATION Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 7.  The first phase is the construction of a ferry port at the lagoon end of the Oworo road.  Feasible since there is currently a Lagos state water board authority facility located at the spot which can be upgraded to a standard port and serve as a means of moving people and goods out of the community to the island and other port areas like Apapa and Ikorodu.  This project can be handled via the PPP (public private partnership) where the government develops the port and grant operational licenses to private investors who would provide the ferries.  The second phase is to standardize the link to the Iyana-oworo express by car wash bus stop.  Can also be by PPP OUR PROPOSAL FOR ALTERNATIVE ACCESS ROAD Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 8. BENEFITS GOVERNMENTINVESTORS  Tag fees for transportation.  Generate income through advertisement and branding  Offer VIP and chatter services  Provide ferries that can carry private cars over water.  Social responsibility  Recoup capital by imposing betterment rates on the community upon visible growth of the community.  More control of the fishing activities of fishermen in a bid to reduce exploitation and illegal bunkering Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 9. MECHANISM FOR IMOROVING SECURITY Establishing recognized Vigilante groups:  Made up of local and capable community residents who will liaise with the Nigeria Police, Oworonshoki Division to ensure a peaceful environment.  The vigilante’s group salary can be sponsored by residents and car owners in the community. Their equipment, clothing and other resources can be funded by private investors who would benefit by branding these items for advertisement purposes. Provision of streetlights through innovative means.  Encourage more people to walk at night which would increase informal surveillance. Increase community pride and cohesiveness, leading to a greater willingness to intervene in crime and report it.  Streetlights can also be private sector funded as they can generate income through branding and advertisement. Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 10. OWORO SLUM PROPOSAL In the case of Oworo slum, a complete Urban renewal is to be carried out and it would involve the combination of two techniques which are Land pooling and Land swap. LAND POOLING Land pooling is a technique whereby government encourages people to submit their land for urban renewal and after the process, revert a smaller portion of but higher priced land to them back. LAND SWAP The land swap policy on the other hand is a novel initiative in Nigeria which was first adopted by the FCT minister, Senator Bala Mohammed in Abuja. It involves the granting of lands (especially reserved virgin areas) to competent real estate developers who will in turn provide agreed infrastructures in the area. The policy is intended to cost the government little or no expenses if efficiently employed. Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 11. RECOMMENDATION From our above description of what Land pooling and land swapping is, one would see that the two are not mutually exclusive. The people of Oworo slum have to first agree to submit their land to the government. The government can then agree with private investors to fund the regeneration exercise in exchange for a certain portion of the land and everyone is happy at the end of the day. Asides the obvious roads, housing, drainages, and others which ought to be provided, below is a peculiar infrastructure we propose for Oworo slum:  Fishing processing factory  2 nos 50 (2) bedroom high rise to service former land owners Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 12. BENEFITS GOVERNMENTINVESTORS  Availability of land which can be used for other investments.  Proximity to water body which would increase the viability of any proposed project.  Provision of relatively cheap labour and raw materials; e.g. Sharp sand, local labour and other community resources.  Advertisement and branding.  Fulfilment of social responsibility of increasing populace welfare  Increased value of properties can generate revenue through property taxes  Opportunity cost of the supposed urban generation fund can be diverted to other sectors of the economy Boost national productivity through job creation. COMMUNITY  Water body can act as alternative access way, boosting accessibility.  Increased value of land which translates to increased revenue.  Increase in their per capita income among others. Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.
  • 13. SUMMARY AND CONCLUSION As stated in the introduction of this section, the process of complete urban regeneration must be done with the aim of:  Harnessing available potential  Land assembly  Self-finance and  Protection of social capita It can be concluded from the survey that the people of Oworo possess latent talent and skills, which if ignited, channeled, and utilized properly could bring the much needed development into the community. We have been able to establish a business case for an urban regeneration exercise through these skills (i.e utilizing the asset based community development approach) that is feasible and viable. We have showed that economic gains can be achieved for both residents and investors in various aspects of this regeneration exercise and also show that social gains can be made and at the same time, we have provided reasonable solutions for social resistance and other such deterrents to investment in this community. We hope that this business case will be favorably considered. Presented on December 2014 by Students of the department of estate management, UNILAG during the course of ESM 552 program in the department.