About us
The Goal is Clear.
Revolutionize city development in Africa.
Welcome to Channeldrill Resources Ltd, a pioneering Nigerian-based infrastructure and city developer dedicated to bridging the gap in Africa's urban development and infrastructure. Since our inception in 2014, we've been driven by a passion to transform the continent's landscape through innovative, sustainable, and inclusive solutions. Our mission is to create thriving communities, foster economic growth, and leave a lasting legacy for generations to come.

Empowering Sustainable Development
Building a better future for Africa, one community at a time, through innovative and inclusive urban planning.
Innovation
Driving progress through cutting-edge solutions, technology, and collaborative approaches to sustainable development.
Excellence
Delivering high-quality projects that exceed expectations, enhance communities, and foster long-term economic growth.
Impact
Creating positive change in the communities we serve, through sustainable development and infrastructure investments.
Our values
The guiding principles shaping our approach to sustainable development, with a commitment to excellence, community, and environmental stewardship.
- 1
Sustainable Growth
Balancing progress with environmental stewardship, social responsibility, and inclusive economic growth.
- 2
Community First
Prioritizing the needs of the communities we serve, through participatory planning and collaborative engagement.
- 3
Collaborative Spirit
Working together with stakeholders, partners, and communities to achieve lasting impact and positive change.
Our People
Femi Akioye
Managing Director, CEO
He is the Managing Director of Lugar Rico Group. Femi holds a Bachelor of Science Degree in Business Administration from Olabisi Onabanjo University and an MBA from Lagos State University. Femi has worked in the financial service industry for over 16 years. An expert in business analysis and strategy.
Femi has had a stint in Corporate Finance, Asset Management and Stockbroking. He has attended several courses, seminars and workshops on Business and Management strategy, company analysis, valuation, investment and Finance, both within and outside of the country. He left Santrust Capital in 2010 as Vice President, Financial Service group before going into private business.