March 27, 2024
The Lagos State Government, through the Office of Public-Private Partnerships and the State Ministry of Works and Infrastructure, has established a partnership with the Federal Airport Authority of Nigeria (FAAN) by signing a Memorandum of Understanding (MoU) for a 28km Road project.
Mrs. Bukola Odoe, the Special Adviser, Legal, to the Governor, Office of Public-Private Partnerships, who led the government delegation, outlined the MoU’s primary objectives. She stated that the collaboration aims to kickstart the construction of a 28km toll road extending from Shasha Road to the Airport toll situated along the Lagos-Abeokuta expressway.
According to her, under the pivotal agreement formalised at the FAAN Annex Office, Murtala Muhammed International Airport, Ikeja, both the Federal and State governments are to work closely through a Public Private Partnership (PPP) framework to facilitate the commencement of comprehensive exploratory works, encompassing feasibility studies, design, and soil testing, paving the way for a detailed agreement on land use before the initiation of construction activities.
The endeavour, she said, aligned with the Governor Babajide Sonwo-Olu Administration’s THEMES Plus agenda, specifically targeting the alleviation of traffic congestion along the crucial corridor. Mrs. Odoe emphasised that, on completion, the project would significantly reduce traffic challenges, thereby offering considerable relief to residents and commuters in the area.
The MD/CEO further commended the Governor of Lagos State, Mr. Babajide Sanwo-Olu for the great initiative.
