FG Approves N72.9bn For Reconstruction Of Apapa Road In Lagos
The Federal Executive Council (FEC) on Wednesday approved N72.9billion for the reconstruction of the road from Apapa to the toll gate on Lagos-Ibadan expressway.
Minister of Works, Power and Housing, Babatunde Fashola, told State house Correspondents in Abuja after the weekly cabinet meeting presided over by President Muhammadu Buhari that the decision was taken to provide long term solution to the road, which had suffered a lot of grid lock in recent times.
“The Ministry of Power, Works and Housing secured approval for the reconstruction of the Creek Road Tincan Island-Beach Land right through to Oworoshoki to the toll gate end of the Lagos-Ibadan expressway for the full reconstruction of that road which was built around 1975 as part of our first port expansion undertaken then in the 70s.
“That road was intended to evacuate cargo out of Lagos without running through the spine of the city. The road is now in some state of disrepair and Council has approved its reconstruction at the cost of N72.9 billion,” he said.
According to the minister, the work will be done using a Public-Private Partnership PPP model.
He named Dangote Group as the constructing firm for the road project, saying that the N72.9 billion for the execution of the project would be recovered through the funding credit tax policy of government.
The Minister further said when fully constructed, the road will have 10 lanes, with five on both sides, with a total of 270.8 linear kilometres, including drainage, rehabilitation of some of the bridges and interchanges.