Demolition of Good Beach for the Lagos-Calabar Coastal road: What is next for Good Thing Company?

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In recent weeks, the demolition of properties and businesses along the Lagos coastline has stirred significant public debate. This development is in preparation for the Federal Government's ambitious 700 km Lagos-Calabar Coastal Highway project. Among the notable casualties is the Good Village, along with the adjacent Good Beach.

In recent weeks, the demolition of properties and businesses along the Lagos coastline has stirred significant public debate. This development is in preparation for the Federal Government’s ambitious 700 km Lagos-Calabar Coastal Highway project. Among the notable casualties is the Good Village, along with the adjacent Good Beach. The widespread demolitions have sparked a nationwide debate about the future of the valuable businesses that once thrived in these areas.

“As we engaged with the Creators, it was evident the problem we had to solve for them was access to the market, high operational costs, with rent & power being the highest, and business resources required at different stages of growth.

“For the consumer, We wanted to solve the problem of finding good things, making a good choice, and getting a good bargain. That is what we did with the Good Village. Yomi Adedeji, the CEO of The Good Thing Co., further shared. Take, for example, Olamide Odunaiya, the owner of Chumby Bumpy’s Kitchen and the creator of the special Chumby’s Native Rice, a native rice mix that can be prepared in 15 minutes. She went from selling 4 million Naira yearly to selling 259 million Naira in her first year at Good Village. Another exceptional story is that of Florence Bebe, the owner of Aunties, a small chops and finger food business. She initially ran her business from home, selling roughly 200,000 Naira monthly.

 

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