NIGERIA GOVT. HAPPY WITH PROGRESS ON LAGOS-BADAGRY EXPRESSWAY CONSTRUCTION

The Nigeria government has expressed it satisfaction with regards the ongoing construction of the lagos-badagry expressway project.

Speaking over the weekend, Director of Federal Highways in South West, Adedamola Kuti said that the project, which is being supervised by the Federal Ministry of Works and Housing, is going as expected.

During a site inspection, Kuti said ”About 17 kilometres have been completed at various stretches on the Badagry bound lane, while measures are on to further speed up pace of construction works on the remaining sections. So far, NNPC funds have brought in a lot of relief to this job. We have been able to pay some of the outstanding bills for certified works that have been done. So, we have our certificate No. 4 and 5 paid up by the NNPC.”

The N15 billion project which is funded by the Nigerian National Petroleum Company, NNPC, under tax credit is currently at 25% completed with Kuti expressing hope that government’s continued funding will get the project to about 80% completion within a year.

Kuti also pointed out that the contract was awarded in 2018 but due to funding constraints, actual construction began in earnest between 2020 and 2021 after the SUKUK funding came in, stressing that it was the NNPC Tax Credit Scheme that has fast tracked the project to the present level.

“From December 2021 and this year 2022, this project has been placed under the Tax Credit initiative of the Federal Government that is being sponsored and being financed by the NNPC.

“We are here to see the progress that has been made so far on this road. This road is very sensitive to the federal government.

“Out of the 21 critical roads under NNPC funding, we have two in the South West and Lagos-Badagry Expressway happens to be one of them. From Agbara to Badagry is about 46 kilometres.”

SOURCE: Vanguard