The Lagos State Government has entered into a collaborative agreement for the development of the Fourth Mainland Bridge and various other infrastructure initiatives within the state.
Governor Babajide Sanwo-Olu officially sealed this partnership with the African Export-Import Bank and Access Bank, representing the state government, during the Afro-Caribbean Trade and Investment Forum 2023 held in Guyana, South America.
Among the noteworthy projects covered by this agreement are the Omu Creek Project and the second phase of the LRMT Blue Line extending from Mile 2 to Okokomaiko.
Governor Sanwo-Olu announced this development on Tuesday through his social media platform, X (formerly known as Twitter), emphasizing his administration’s unwavering commitment to shaping a brighter future for the state.
“It was a significant moment in Guyana at the Afro-Caribbean Trade and Investment Forum 2023 as we’ve secured a partnership with the African Export-Import Bank and Access Bank for a massive investment of $1.352 billion in Lagos,” he said.
“This investment will power our long-term infrastructure projects, demonstrating confidence from international and local partners in our growing economy.
“As we move forward, this investment will help us realize key projects, including the Fourth Mainland Bridge, Omu Creek Project, and the 2nd Phase of the LRMT Blue Line from Mile 2 to Okokomaiko. We’re committed to creating a better future for Lagos and its people.
“Our vision for Lagos is becoming a reality with the Lekki-Epe International Airport and the Lagos Food Systems and Logistics Hub in Epe. These projects will further boost our economy and serve generations to come.”