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

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

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

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Six Concessionaires Shortlisted For Lagos’ 4th Mainland Bridge- Hamzat

by Eucharia Egwuma
October 15, 2021
in Headlines, Lagos News
Reading Time: 1 min read
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The Deputy Governor of Lagos State, Dr Obafemi Hamzat, has said six concessionaires have been shortlisted for the construction of the proposed Fourth Mainland Bridge.

Hamzat, in a statement on Thursday, added that the bridge would cost over $2bn and link the Ajah area of the state with Ikorodu.

To make the bridge a viable public-private partnership project, the deputy governor explained that the state government was building other roads to support it.

He said, “If we build the Fourth Mainland Bridge that takes traffic from the Lekki-Epe road and also brings traffic from Ikorodu back to it, there will be gridlock at both ends if we are not careful. As such, we need to build other parallel roads that will take off vehicles to other places.

“For example, we are expanding the Lekki-Epe Expressway from the Eleko junction to Epe. Currently, it is a one-lane road though and two lanes in some areas. But we are turning it into a six-lane highway with about three or four bridges.

“It will take traffic from the Lekki-Epe-Expressway and make the Fourth Mainland Bridge very viable. We are rounding the concession process for the bridge. We have six concessionaires shortlisted for the project. They are all international companies from Portugal, Turkey , including Julius Berger Plc.”

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