Categories: Latest News

Dangote: we lost N25b to poor Lagos road

Motorists will have to endure additional 12 months of nerve-racking traffic on the 35-kilometre Apapa-Oshodi-Oworonsoki-Ojota highway in Lagos for its reconstruction to be completed.
Minister of Works and Housing Babatunde Fashola, who inspected work on the road in company with President of the Dangote Group, Aliko Dangote, said on Sunday that the road would be delivered end of next year.

“We expect that by end of 2020, the entire road network will be finished; you will have a road that will last for 40 years,’’ he assured.

The ongoing reconstruction is the first since the road was completed in 1978. The first attempt to rehabilitate the ever-busy road at a cost of N15bn was in 2013. But, work stopped immediately after the general elections in 2015 until 2017 when Dangote Group came up with a proposal to repair the road.

The proposal was for the concreting of the expressway from Creek Road to Liverpool and through Marine Beach to Oshodi, Oworonsoki and toll gate on the Lagos-Ibadan Expressway.
Dangote got Federal Government’s nod to reconstruct the road in 2018 at N72.9 billion and to enjoy 10 years tax rebate.
Since work commenced in 2018, there has been traffic lockdown in the Iganmu area of Lagos and the Mile 2 –Oshodi –Oworonsoki axis of the road.

Ben Idah

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