Connect with us

Business

Lagos to sign MOU on 4th mainland bridge before end May

Published

on

Land grabbers barred in Lagos

Lagos State Governor, Mr. Akinwunmi Ambode said on Thursday that the state government will sign a Memorandum of Understanding (MOU) with investors for the construction of a 4th mainland bridge before the end of May, 2016.

According to him, work would commence on the project, which would go a long way to boost the economy of Lagos East Senatorial District.

The governor spoke at the First Quarter 2016 Town Hall Meeting, the third in the series, held at the Ikorodu Town Hall, Ikorodu, on Thursday.

Read also: Nipco declares N1.4bn gain, with cars to run on gas

He said, “many investors have shown interest in the actualization of our dream for the 4th Mainland Bridge which will run from Ajah to Ikorodu to Isawo and berth at Ojodu, Ikeja back to the Ibadan expressway. By the grace of God, we will sign an MoU and commence action before May 29”.

He said investors have equally shown interest in the redevelopment of the fish market to an international Fish Market and the redevelopment of inner roads in Epe and Ibeju-Lekki.

He also assured that no part of the state is left undeveloped, adding, that “Over the years, the economic activities have continually dwindled resulting in urban migration, underdevelopment and unemployment. It is with a view of revitalising the economic activities of this zone that Government has identified the need for urgent intervention.

“To this end, government will be relocating the Mile 12 Market to Imota. Work on this will commence next week. Our vision is to make the East Senatorial Zone economically viable and liveable”, he stated.

RipplesNigeria …without borders, without fears

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now