RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home News

FG, Lagos State Government Launch N21.074 Billion Rehabilitation of Third Mainland Bridge

Victoria Attah by Victoria Attah
November 9, 2023
in News
Reading Time: 2 mins read
A A
0
FG, Lagos State Government Launch N21.074 Billion Rehabilitation of Third Mainland Bridge
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Federal Ministry of Works, in collaboration with the Lagos State government, officially flagged off the rehabilitation project for the Third Mainland Bridge, valued at N21.074 billion. The launch ceremony took place in Lagos on Wednesday, attended by the Federal Minister of Works, Dave Umahi, and the Deputy Governor of Lagos, Dr Obafemi Hamzat.

The comprehensive repairs are set to address previous concerns and enhance the integrity of the bridge. Umahi revealed that the budgeted amount includes the complete replacement of the asphalt on the bridge deck to a standard two inches, aiming to improve the smoothness and safety of motoring on the bridge.

AlsoRead

How I Lost N200 Billion”: Femi Otedola Reflects on His Biggest Financial Setback

EFCC Arraigns Precious Williams for Alleged N13.8 Billion Ponzi Scheme Fraud

Kenya to Relocate Health Data from U.S. Servers After Trump’s USAID Funding Cuts

Umahi stated, “This is yet another milestone in the actualization of the renewed hope agenda of divine President Ahmed Bola Tinubu. This, amongst other things, is aimed at the total repositioning of road and bridge infrastructure in Nigeria and to bring succor to road users who have suffered the effects of decayed infrastructure over the years.”

The Minister also announced the Lagos State government’s plan to install spikes on the guard railing of the bridge to prevent suicide attempts. He outlined the timeline for the repair work, with the completion of the Adekunle/Adeniji section ramps expected by December 13, while the maintenance of the main carriageways is scheduled to commence in January 2024.

Umahi clarified that the ongoing rehabilitation work focuses on the superstructure elements of the bridge, with investigations and design of substructure elements to be carried out for future restoration.

Following the bridge project, Umahi and Hamzat visited the starting point of the proposed Lagos-Calabar Coastal Highway. The minister revealed plans for a Public-Private Partnership arrangement for the coastal highway, emphasizing its potential to boost interconnectivity, tourism, job creation, and overall infrastructure development.

The Lagos Deputy Governor assured that the Right of Way (RoW) for the coastal highway project had been recovered by the state government. He urged Lagos residents not to engage in physical planning infractions along the project alignment.

The entourage included key officials such as the Director of Highways Construction and Rehabilitation, Mr Adedamola Kuti, the Director of Highways, Bridges, and Designs, Mr Omotayo Awosanya, the Federal Controller of Works in Lagos State, Mrs Olukorede Kesha, and other top directors from the Lagos State Ministry of Works and Infrastructure.

Tags: Federal Ministry of Worksinfrastructure developmentLagos State GovernmentLagos-Calabar Coastal HighwayN21.074 billionPublic-Private Partnershiprehabilitation projectroad safetyThird Mainland Bridgetransportation
Previous Post

MTN Nigeria Raises N52.9 Billion in Commercial Paper Issuance

Next Post

Nigeria Grants Visas to individuals without IDs- German Chancellor

Related News

Otedola acquires 5.52% of Transcorp Plc.

How I Lost N200 Billion”: Femi Otedola Reflects on His Biggest Financial Setback

by Rate Captain
August 22, 2025
0

In a rare moment of vulnerability, billionaire businessman Femi Otedola has shared the story of how he lost nearly N200...

EFCC Launches Task Force to Combat Naira Mutilation and Dollarization

EFCC Arraigns Precious Williams for Alleged N13.8 Billion Ponzi Scheme Fraud

by Victoria Attah
June 17, 2025
0

The Economic and Financial Crimes Commission (EFCC) has charged Precious Williams, a director of Glossolalia Nigeria Ltd and Pelegend Nigeria...

Kenya to Relocate Health Data from U.S. Servers After Trump’s USAID Funding Cuts

by Victoria Attah
June 4, 2025
0

Kenya’s Ministry of Health announced plans to relocate critical health data hosted in the United States to local servers, following...

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Nigeria’s Equities Market Reels as Foreign Investment Plummets Amid Global Tensions

by Rate Captain
May 26, 2025
0

In April 2025, Nigeria’s equities market faced a stark reality check as foreign portfolio investment (FPI) cratered by 92.39%, plunging...

Next Post
Nigeria Grants Visas to individuals without IDs- German Chancellor

Nigeria Grants Visas to individuals without IDs- German Chancellor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX Kicks Off 2026 Trading Week with N745 Billion Surge as Bulls Charge Back

January 13, 2026
Fuel Subsidy Removal Negatively Impacts 90% of Nigerian Businesses

Nigeria’s Fuel Import Bill Plunges 54% in Two Years as Domestic Refining Gains Ground

January 13, 2026

Popular Story

  • Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

    Naira Kicks Off 2026 with First Weekly Gain as CBN Boosts Liquidity

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Fuel Import Bill Plunges 54% in Two Years as Domestic Refining Gains Ground

    0 shares
    Share 0 Tweet 0
  • NGX Kicks Off 2026 Trading Week with N745 Billion Surge as Bulls Charge Back

    0 shares
    Share 0 Tweet 0
  • Naira Appreciates by 7% at Official Window as Reserves Grow in First Week of 2026

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Statistics Bureau to Brief Stakeholders Ahead of Key December Inflation Data

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>