[1] The administrative centre was formerly at Akodo and was later moved to Igando Oloja due to the creation of the Lekki Council Development Area.
The commercial centre of Lagos state seems to be shifting gradually towards the area with much effort being put into developing industries and infrastructure.
In Ibeju Lekki, there are on-going and proposed industrial developments such as the Dangote Refinery which is expected to be the world's biggest single-train facility and estimated to cost $9bn.
The refinery is expected to double Nigeria's refining capacity, largely to accommodate the pressing demand for fuel and export to foreign markets in and out of Africa.
The master plan of the new airport shows that it's designed to cater to wide-body, double-deck, and four-engine aircraft with the capacity for up to 500 seats.