The federal government, Nigerian Ports Authority (NPA), Dangote Group and Flour Mills of Nigeria Limited have signed a Memorandum of Understanding (MoU) for the reconstruction of the Apapa Port Access road, Lagos.
The MoU was signed Saturday with the Minister of Minister of Power, Works and Housing, Mr. Babatunde Fashola representing the federal government.
The project which will cost N4.34billion will be constructed by AG Dangote, which is a construction subsidiary of the Dangote Group under one year period.
Fashola had explained during the ceremony that the delay in signing the MoU was because the stakeholders wanted to put up a very good drainage design that will check flood on the road.
He described the gridlock in the area as very unbearable, but expressed optimism that the reconstruction will address the issue once and for all.
Fashola said, “We have finished with the design, we now have a Bill of Quantity and the cost of the road is N4.34 billion to be funded and paid for by these three groups, Flour Mills of Nigeria, AG Dangote Construction Company Ltd and NPA.”
“We are embarking on what will be the final solution to the massive inconvenience. Businesses and residents in Apapa and its environment have had to endure for a couple of years.
“I like to acknowledge the leadership role of Dangote and Flour Mills, who are operators and have also contributed to make this a reality. They are doing this as a total Corporate Responsibility without asking for tax holiday or reduction. We are also working on how to ensure free access to Tin Can Island.
“From today that we are handing over the project, the road will take one year to be completed. We need the cooperation of all the stakeholders. There will be some discomfort on the way but we appeal for tolerance and perseverance. It will continue to get better, people should please endure more to solve the challenge.”
The Minister also assured that work on the Mile-2, Coconut, Tin Can port area of the road will soon begin.
Managing Director of NPA, Ms. Hadiza Usman, also assured that government will support the private sector on the need to have holding days for trucks.
Usman disclosed that the authority has already received proposals on electronic management of holding bays and was working on that.