Local News

Report: Lagos govt to spend $2.5bn on 4th mainland bridge

Lagos students threaten to shut down Third Mainland Bridge Monday over nonpayment of bursary.

 

The proposed 4th Main­land Bridge will gulp $2.5 billion, Lagos State Government has disclosed.

 

Ope George, the Special Adviser to the Lagos State Gov­ernment on Public Private Part­nerships (PPP) made the disclosure on Friday during an interaction with journalists in Lagos.

 

He also said that the preferred bidder among the three shortlisted com­panies would be announced be­fore the end of 2022.

 

According to George, the project is being conceived as a PPP transport infrastructure de­velopment, which includes the construction and operation of a Greenfield tolled road and bridge with a design speed of 120km/h, including the development of ad­jacent real estates.

 

George stated that, on completion, the bridge would be­come the second longest in Africa, featuring three toll plazas, nine in­terchanges, a 4.5km lagoon bridge and an eco-friendly environment.

 

The longest bridge in Africa at the moment is the 6th October Bridge in Cairo, Egypt, which was inaugurated in 1996. The bridge is built along the River Nile, measur­ing 20.5 kilometers long.

 

The 4th Mainland Bridge, George explained is expected to span about 37 kilometers, start­ing from Abraham Adesanya in Ajah, on the Eti-Osa-Lekki-Epe corridor and transverse from the Northwest towards the lagoon shoreline of the Lagos-Ibadan Expressway via Owutu/Isawo in Ikorodu.

 

He added: “The idea of con­structing the 4th Mainland Bridge is aimed at reducing severe con­gestion on the existing 3rd Main­land Bridge; whilst opening new areas for future development.”

 

The government also said that the process had gone through the competitive bidding process; the Request for Proposal Stage 1 (RFP 1) and the RFP 2.

 

It also said the RFP Stage 2 has been issued to three shortlisted bidders, Mota – Engil (Nig & Africa) CCCC & CRBC consort, CGGC – CGC Joint Venture and CCECC & CRCCIG Consortium.

 

He emphasised that the evalua­tion committee, which comprises of representatives from the Minis­try of works, Office of Public Pri­vate Partnerships and the project Advisers commenced the evalua­tion of the submitted RFP Stage 2 documents on November 17, 2022, assuring that the preferred bidder would be announced before the end of this year. CONTINUE READING…………………………

 

THIS IS FOR YOU🤳🏾👨🏼‍💻

 

For your Surprise birthday wishes, Business Advert Placement, Publicity Online and offline, Press Release, Social Media Management, For Your Content Writer Plug, Personality Promotion, Special Report, Featured Story, Conference, And Interviews – CONTACT US @VAM on WhatsApp/Call📞@ 08072633727 📲

 

Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com

Recent Posts

Things To Know About New 7.5% VAT In Nigeria

News Update You are NOT paying 7.5% VAT on the money you transfer. The VAT…

4 hours ago

AFCON: CAF bans, fines Samuel Eto’o over conduct during Cameroon game

News Update African football's governing body CAF, has imposed a 20,000 U.S. dollar fine and…

5 hours ago

AFCON: After Super Eagles Fail, Davido Loses N75m

News Update Nigerian singer, Davido, has lost a $50,000 (₦75 million) bet after the Super…

10 hours ago

‎Ekiti Govt Trains 100 Persons With Disabilities To Expands Economic Inclusion

‎ ‎ News Update ‎In its continuous drive to promote economic inclusion and self-reliance among…

11 hours ago

Ex- Governor Aregbesola’s Aide, Others Return To APC

News Update Members of the Blue Movement, a political group linked to former Osun State…

12 hours ago

AFCON 2025: Morocco end Nigeria’s dream

Morocco will now face Senegal in the final of the competition. Hosts Morocco, known as…

14 hours ago