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Governor Sanwo-Olu To Unveil Preferred Bidder For 4th Mainland Bridge

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Babajide Sanwo-Olu, the governor of Lagos State, is set to announce the preferred bidder for the proposed construction of the 38-kilometre Fourth Mainland Bridge, scheduled for take off soon.

Sanwo-Olu had at different fora assured residents to announce the preferred bidder before January 1, 2023.

Recall that the state government had shortlisted three bidders for the Request For Proposal, RFP Stage II, which are: Mota-Engil (Nigeria and Africa) CCCC and CRBC consort; CGGC-CGC Joint Venture and CCECC and CRCCIG Consortium.

According to a source on Thursday, December 29, 2022, “All arrangements have been concluded by the Governor to address the media on Friday, at Alausa, Ikeja.

Eight roads– Lagos/Ibadan Expressway, Lagos/Abuja highway, Benin/Sagamu, and Igbogbo/Lagos would aligned with the Fourth Bridge.

The project, estimated to cost about $2.5 billion, would be delivered through the Public-Private Partnership initiative and tolled for two years.

Earlier, Special Adviser to Governor on Works and Infrastructure, Aramide Adeyoye, said the state government had carried along the over 48 estates, traditional rulers, and others that would be affected by the bridge.

Adeyoye said the negative impact of the bridge was minimal compared to the advantages, urging those anxious for the project to take off to be patient.

On the bridge’s economic impact, she said it would boost businesses as the poor road network had made many businesses to close shop or migrate.

According to her, the roads and the bridge will create over 10,000 jobs, when completed. The bridge, he added, would cut travel time from three hours to about 30 minutes.

She assured stakeholders that anybody affected by the bridge would be adequately compensated by the government.

According to Adeyoye; “New communities will spring up on the axis with business opportunities.

The developments on the axis include Dangote Refinery, Lekki Free Trade Zone, and regional roads. It is a process. We will reach a viable and economic process agreeable to all.”

The Special Adviser said the idea of constructing the fourth mainland bridge was aimed at reducing severe congestion on the existing Third Mainland Bridge while opening new areas for future development.

Lagos Assembly Approves Sanwo-Olu’s ₦1.768 Trillion 2023 Budget

The Lagos State House of Assembly on Monday, December 12, 2022, passed a total of ₦1,768,014,155,285 for the year 2023 budget.

Governor Babajide Sanwo-Olu had in October presented the sum of N1.69 trillion ‘budget of continuity’ to the House.

While receiving the proposal from the governor, speaker of the state House of Assembly, Mudashiru Obasa had urged that the 2023 budget “should have more human face, be targeted at reducing poverty and improving the welfare of the residents of the State as part of the THEMES agenda of the administration.”

However, Obasa, expressed appreciation to his colleagues for their doggedness, collective sacrifice, and the swiftness with which the Appropriation Bill was handled.

A breakdown of the approved budget size showed the sum of: N748,096,508,571 as Recurrent expenditure and N1,019,917,646,713 as Capital expenditure for the year ending December 31, 2023.

A part of the breakdown for the sectoral allocations also showed that N3,228,396,960 was approved as the new Overhead Cost of the Office of Civic Engagement for drug abuse advocacy.

The sum of N802,987,206 was approved as the new Capital Expenditure of the Ministry of Economic Planning and Budget, while N1,200,000,000 was approved as the new Overhead Cost (Social Intervention and Humanitarian Programme) in the Ministry of Economic Planning and Budget.

Obasa, who presided over the plenary, said the passion with which the lawmakers processed the bill for passage showed their love for the progress of Lagos state.

He also expressed hope that residents of the state would show their satisfaction with the lawmakers and the All Progressives Congress, APC, by voting for candidates of the party in Lagos and at the centre during the forthcoming elections.

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