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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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Help Build Our Roads, Lekki Residents Urge CBN

by Eucharia Egwuma
March 15, 2022
in Lagos News
Reading Time: 2 mins read
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Help Build Our Roads, Lekki Residents Urge CBN
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Lagos residents along the Lekki corridor have called on the Central Bank of Nigeria (CBN) to assist in the construction of the Lekki Coastal Road.

The residents, under the auspices of Lekki Estates Residents and Stakeholders Association (LERSA), made the call in a letter to the CBN Governor, Mr Godwin Emefiele.

The Estate  residents in a letter dated 7th March, 2022 and signed by Olorogun James Emadoye and Mr Gbemi Adelekan, President and Secretary of the association respectively, urged the apex bank to build the Lekki Coastal Road through the CBN Infrastructural Corporation of Nigeria Plc (INFRACO).

LERSA noted that over the last decade, the Lekki corridor has witnessed exponential population explosion on account of developments such as Lekki Free Trade Zone, Dangote Refinery and stands to record more through the Lagos Deep Seaport and Airport, both slated to kick off soon.

It stated that commuting in and out of the axis has become hellish, as residents rely only on the Lekki Expressway for access to the axis.

“It now takes an average of three to four hours to access Lagos Island from some parts of Lekki due to the population growth and the single road for ingress/egress on the axis.

“The current single road into the community, the Lekki Expressway will definitely become impassable unless another major alternative road is constructed.

“The single road has become grossly inadequate to handle the volume of traffic and LERSA has been in the forefront of agitation for an alternative road for over five years now,” the association said in the letter.

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