The Minister of Works and Housing, Babatunde Fashola, on Sunday said the Federal Government would finish the Lagos-Ibadan Expressway venture in spite of scant assets because of the sharp drop in oil costs.
Lagos-Ibadan Expressway is a trunk A street situated in the South-West area of Nigeria. It was contracted in two segments (I and II) to Messrs Julius Berger Nigeria Plc and Messrs Reymond Construction Limited individually.
At an intelligent municipal event with partners at Ogere in Ogun State, Fashola advised the contractual workers to ease gridlock during the impending yuletide time frame.
He said the double carriageway initiated from the old cost entryway at Oregun/Ikosi-Ketu Lagos and ended at Shagamu Interchange in Ogun State.
This was contained in a statement issued in Abuja by the Director, Press and Public Relations, Federal Ministry of Works and Housing, Boade Akinola, on Sunday.
Fashola noted that the Section ll, about 84km, started from Sagamu Interchange to Ibadan and was being handled by RCC.
Fashola said the rehabilitation, construction and expansion of Lagos- Ibadan dual carriageway, construction of 2nd Niger bridge and the rehabilitation, construction and expansion of Abuja-Kaduna-Kano dual carriageway were strategic infrastructure development projects.
The minister was quoted as saying, “These highway projects are financed with the Presidential Infrastructure Development Fund funded from the Sovereign Wealth Fund and they are national priority highway projects.”
Fashola appealed to contractors handling the project to accelerate work to ease traffic flow especially during the forthcoming Christmas season.
The Director, Highways Construction and Rehabilitation of the ministry, Olufunsho Adebiyi, said the initial contract was only for the rehabilitation, reconstruction and expansion of Section l (Lagos to Shagamu Interchange) and Section ll (Shagamu Interchange to Ibadan).
He said it was also for the rehabilitation of existing bridges on the road.
Adebiyi stated that considering the heavy traffic on the highway, both contracts were changed to include the construction of new flyover bridges, interchanges and pedestrian bridges, which made the contract sum to be at the tune of N134,861,785,702.80 and N176,503,901,413.68 for both sections 1 and 2 respectively.
The Managing-Director, RCC Limited, Nabeel Esawi, said work was moving on well on the project and that the total asphalt length in both direction of the road was 95km.
He promised that the work would be delivered on schedule.