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Lagos State Secures $1.3 Billion Investment for Fourth Mainland Bridge Infrastructure

In a notable development, Lagos State has successfully secured a substantial investment of $1.3 billion for the Fourth Mainland Bridge. This achievement is the result of collaborative efforts between the state's governor, Mr. Babajide Sanwo-Olu, and partnerships with the African Export-Import Bank and Access Bank.


Reports from Naija News indicate that Governor Sanwo-Olu has established a productive partnership with the African Export-Import Bank and Access Bank, resulting in a significant investment of $1.352 billion in Lagos' infrastructure. The governor formalized this groundbreaking agreement during the second Africaribbean Trade and Investment Forum 2023 in Georgetown, Guyana.


Expressing his enthusiasm, Sanwo-Olu stated, "It was a momentous occasion in Guyana at the Africaribbean Trade and Investment Forum 2023, as we have secured a partnership with the African Export-Import Bank and Access Bank for a substantial $1.352 billion investment in Lagos."


He emphasized that this investment will provide the necessary momentum for crucial projects, including the Fourth Mainland Bridge, the Omu Creek Project, and the second phase of the LRMT Blue Line from Mile 2 to Okokomaiko.


Governor Sanwo-Olu reiterated, "We are steadfast in our commitment to shaping a brighter future for Lagos and its residents." He highlighted the progress in realizing their vision for Lagos, citing milestones such as the Lekki-Epe International Airport and the Lagos Food Systems and Logistics Hub in Epe.


These initiatives are anticipated not only to drive economic growth but also to create a lasting legacy for future generations.

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