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| Governor Akinwumi Ambode |
Lagos State government has terminated its contract with
investors for the building of the proposed N844billion Fourth Mainland Bridge.
Commissioner for Waterfront and Infrastructure Development
Adebowale Akinsanya, addressing reporters yesterday in Alausa, Lagos, said the
government was considering proposals from foreign investors in the United
States of America and Britain to accelerate the commencement of the project.
Akinsanya, an engineer, said the government dumped the
former contractors, including Africa Financial Corporation (AFC) and other
investors, following delay in the beginning of the multi-billion naira project.
Other investors dumped by the government a year after
signing a Memorandum of Understanding (MoU) for the 38-kilometre bridge and
road project include Visible Assets Ltd and Access Bank PLC.
The commissioner assured residents that the government will
ensure appropriate investors are named soon.
The Permanent Secretary, Ministry of Works and
Infrastructure, Temidayo Erinle, an engineer, who spoke on the planned airport
road project, said: “We are yet to get Federal Government’s approval.
We assure
Lagosians that whenever we get approval, engineers will move to site.
“We are collaborating with the Federal Government on the
Apapa road because it is a federal road.”
THE NATION
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