Lagos state authorities has signed a Memorandum of information to start the development of the 38km 4th Mainland Bridge, predicted to carry a 14-year antique dream to truth.
The MoU became signed on Wednesday at the dinner party hall, Lagos house, Ikeja.
The development is anticipated to fee N844billion in a Public private Partnership initiative and might be introduced in 3 years.
The want for the bridge had become imperative following the phenomenal growth of the state with a population of over 21 million humans, which has in turn increased industrial activities and site visitors gridlock, the state Governor, Mr. Akinwunmi Ambode was quoted as announcing in a press launch signed by his leader press secretary, Habib Aruna.
“This has made it vital for us to have a 4th Mainland Bridge a good way to function an opportunity course to the japanese axis and decongest site visitors in the state,” he stated.
“greater importantly this bridge will provide the required transportation praise to the hastily developing commercial activities at the Eti-Osa – Lekki – Epe hall of the kingdom.”
He said the proposed alignment of the Bridge will pass through Lekki, Langbasa and Baiyeiku cities along the coastline of the Lagos Lagoon estuaries, similarly walking through Igbogbo River Basin and crossing the Lagos Lagoon estuaries to Itamaga area in Ikorodu.
The Governor stated the alignment will even cross thru the Itoikin avenue and the Ikorodu – Sagamu street to connect Isawo inward Lagos Ibadan limited-access highway at Ojodu Berger axis.
He stated the Bridge would be made of 8 interchanges to facilitate powerful interconnectivity between one of a kind parts of the state.
“This structure will be a four-lane dual carriageway with every comprising three lanes and two metres tough shoulder on each side. The bridge may be built to have a beneficiant median to allow for both future carriageway expansion and light rail facility. There may be no gainsaying the fact that large advantages will be derived from this assignment however most significantly, make existence extra cozy for Lagosians,” he stated.
Expressing self belief that the project would be added on a win-win framework for all investors, the Governor stated for the first time inside the records of the nation, the authorities became embarking on the development of a long-span bridge and limited-access highway with out Federal investment as the assignment is to be solely funded by means of the non-public quarter.
The Bridge, among others could accommodate cyclists and pedestrians and characteristic two service regions in addition to additional pedestrian crossing, Aruna indicated in the press release.
“The Bridge might also accommodate three Toll Plazas that are nevertheless being examined from economic factor of view and it might serve as a main enhance to the actualisation of the Lekki master Plan,” he stated.
The challenge is to be financed by Africa Finance agency, access bank and other personal buyers who’ve already signified purpose to be a part of the construction, even as visible property confined would be the coordinating company, Aruna revealed.Promote Your Music On This Platform Contact : Mobile : +2348132090729 BBM:33428A0F Email : firstname.lastname@example.org Twitter : @ijebuloadedNG