EKO NEWS
LASG Partners With Airport Authority For New Toll Road
• Lagos State Government inks MoU with Federal Airport Authority of Nigeria (FAAN)
• Partnership aims to construct 28km toll road from Shasha Road to Airport toll
• Project to alleviate traffic congestion along Lagos-Abeokuta expressway corridor
Eko Hot Blog reports that in a move to address the persistent traffic challenges along a crucial corridor, the Lagos State Government has forged a strategic partnership with the Federal Airport Authority of Nigeria (FAAN) by signing a Memorandum of Understanding (MoU) for a 28km toll road project.
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Mrs. Bukola Odoe, the Special Adviser, Legal, to the Governor, Office of Public-Private Partnerships, spearheaded the government delegation and shed light on the MoU’s objectives.
“The collaboration aims to kickstart the construction of a 28km toll road extending from Shasha Road to the Airport toll situated along the Lagos-Abeokuta expressway,” she stated.
Outlining the framework of the partnership, Mrs. Odoe revealed that under the pivotal agreement, “both the federal and state governments are to work closely through a public-private partnership (PPP) framework to facilitate the commencement of comprehensive exploratory works, encompassing feasibility studies, design, and soil testing, paving the way for a detailed agreement on land use before the initiation of construction activities.”
The endeavor aligns with the Governor Babajide Sanwo-Olu Administration’s THEMES Plus agenda, explicitly targeting the alleviation of traffic congestion along the crucial corridor. “On completion, the project would significantly reduce traffic challenges, thereby offering considerable relief to residents and commuters in the area,” Mrs. Odoe emphasized.
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Mrs. Olubunmi Kuku, the Managing Director/CEO of the Federal Airport Authority of Nigeria (FAAN), expressed appreciation for the collaboration between the two levels of government, stating, “It will not only serve the people of the area but all Lagosians at large.”
She further commended Governor Babajide Olushola Sanwo-Olu for the great initiative, underscoring the project’s potential to enhance the quality of life for residents and visitors alike.
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