Lagos Smart City Security Network
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Security Lagos State In development

Lagos Smart City Security Network

Overview

What this project will fund

AI-powered CCTV, emergency response kiosks and command-centre integration for safer commercial corridors.

A public-private safety infrastructure project deploying 1,200 smart CCTV cameras, 50 emergency response kiosks and a central command centre across Lagos Island and Ikeja commercial districts. Revenue comes from annual service fees paid by the Lagos State Security Trust Fund and participating estates.

Project highlights

  • 1,200 AI-enabled CCTV cameras with 24/7 monitoring
  • 50 emergency response kiosks with direct police/fire links
  • Integration with Lagos State Command and Control Centre
  • Data privacy and cybersecurity certification by a Big Four firm
Roadmap

Project phases

  1. Phase 1
    Due diligence & SPV setup
    Upcoming
  2. Phase 2
    Investor subscription opens
    Upcoming
  3. Phase 3
    Construction & deployment
    Upcoming
  4. Phase 4
    Commissioning & first payout
    Upcoming
Deal terms

Financial structure

Total project size
$3.2M
Indicative raise
$1.6M
Investor share
To be confirmed at launch
Payout cadence
Quarterly
Risk factors

How we mitigate risk

  • Service-payment risk mitigated by statutory allocations to the Security Trust Fund.
  • Technology obsolescence managed via 5-year vendor warranty and refresh reserve.
  • Cybersecurity risk covered by certified SOC and regular penetration testing.
Partners & counterparties

Who we're in conversation with

The organisations below are being considered as partners and counterparties for this project. None of these relationships are finalised — they represent the shortlist we are actively engaging as the project moves toward launch.

Lagos State Security Trust Fund Lagos State Command and Control Centre Huawei (technology) Deloitte (audit)
Investor calculator

Project your returns

Based on an illustrative return of 10% APR over a 30-month tenor. Final terms will be confirmed when subscription opens.

This project is still in development. The rate and tenor shown are indicative only and may change before the raise goes live.
$
$50$50,000
Annual return
$100
10% of principal
Per quarterly payout
$25
10 payouts over tenor
Total over 30 mo
$250
Cumulative interest
Capital + returns
$1,250
Principal returned at maturity
Interactive projections

Charts update live as you adjust the investment amount.

· Stacked area shows your principal (stable) plus accumulating interest each quarter.· Over 30 months you hold 10 coupon periods.· Principal is returned at maturity, on top of cumulative coupons.

Illustrative only. Actual returns depend on project performance and the SPV's cash waterfall.

Capital stack

Where your slice will sit

A breakdown of how this project is expected to be financed. Higher tranches are repaid first from project cash flows once distributions begin.

  • Diaspora senior debt← your tranche55%
  • Sponsor equity25%
  • Grant / concessional20%
Repayment waterfall: senior tranches receive scheduled coupons before subordinated tranches. Equity is last to be paid and first to absorb losses.
Use of funds

How the raise is deployed

Every dollar is allocated against a line item in the project budget, audited quarterly.

  • CCTV cameras & installation34%
  • Emergency kiosks & call systems18%
  • Command centre integration16%
  • Fibre, power & civil works14%
  • Cybersecurity & compliance10%
  • Contingency & O&M reserve8%
FAQ

Questions investors ask

Who pays the service fees?+

The Lagos State Security Trust Fund pays annual service fees backed by statutory allocations, with top-up from participating commercial estates.

How is privacy protected?+

A Big Four firm has certified the data governance framework, and all feeds are encrypted and stored in-country with strict access controls.

Be first in line for Lagos Smart City Security Network

This project is currently in development. Join the waitlist to be notified the moment investor subscription opens.