Tayo Amusan: A New Landmark in Sports and Entertainment Emerges
Full-sized trucks will drive straight onto the floor of the Lagos Arena through a marshalling yard, so that concert equipment can go up and come down quickly. The feature separates
Tayo Amusan, a billionaire chairman of Persianas Group, is leading the construction of Africa's first purpose-built indoor arena of international standard, a $100 million project. Partnering with the Nigerian Sovereign Investment Authority (NSIA), Live Nation, and Oak View Group, the arena will seat 12,000 spectators and offer 32 VIP boxes.
Yazgan Design Architecture, a Turkish firm, designed the building with a yacht-inspired structure featuring cascading terraces, LED screens on all exterior sides, and unobstructed views for every seat. Located in the coastal zone of Victoria Island and Lekki, adjacent to The Palms Shopping Mall, the arena aims to host over 200 events annually, ranging from Afrobeats and global concerts to sports events like basketball, UFC, WWE, boxing, tennis, and futsal.
The master plan also includes an adjoining hotel and parking facility. Construction began on February 24, 2024, with an initial completion target of December 2025. However, delays in the foundation stage have pushed the opening date to between late 2027 and the second quarter of 2028. The arena's opening is expected to bring significant benefits to hospitality, transport, event production, merchandising, security, and technical services, creating jobs and boosting Lagos' prominence on the global stage.
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