Business a.m
The Lagos State Government, represented by Governor Babajide Sanwo-Olu, has entered into a partnership with the African Export-Import Bank and Access Bank for the development of the Fourth Mainland Bridge and various other infrastructure projects within the state. This collaboration was formalised during the Afro-Caribbean Trade and Investment Forum 2023, held in Guyana, South America.
Among the notable projects are the Omu Creek Project and the second phase of the LRMT Blue Line, extending from Mile 2 to Okokomaiko. Governor Sanwo-Olu made this announcement on Tuesday via his official social media platform, X (formerly known as Twitter), reaffirming his administration’s dedication to shaping a brighter future for the state.
“At the Afro-Caribbean Trade and Investment Forum 2023 held in Guyana, a momentous occasion unfolded as we successfully solidified a partnership with the African Export-Import Bank and Access Bank, securing a substantial investment of $1.352 billion for the development of Lagos,” Governor Sanwo-Olu announced.
The governor noted that the significant infusion of capital will be the driving force behind his administration’s ambitious, long-term infrastructure projects, underscoring the international and local community’s faith in our burgeoning economy.”
Concerning the journey ahead, the governor said the investment will be instrumental in turning his administration’s vision into reality, enabling the execution of pivotal projects such as the Fourth Mainland Bridge, the Omu Creek Project, and the 2nd Phase of the LRMT Blue Line from Mile 2 to Okokomaiko. He added that the state government remains resolute in its commitment to forging a brighter future for Lagos and its citizens.
“Our vision for Lagos is rapidly materializing with the development of the Lekki-Epe International Airport and the establishment of the Lagos Food Systems and Logistics Hub in Epe. These initiatives will not only bolster our economy but also leave a lasting legacy for generations to come,” he added.
