Nigeria’s Lagos State has signed an agreement with investors to construct the fourth mainland bridge that will join three other bridges connecting Lagos Island to the mainland. The 38km bridge and expressway will become the longest bridge and expressway anywhere when completed, according to the Governor of the state Akinwunmi Ambode.
The bridge is coming almost 30 years after the third mainland bridge was constructed. The need for an additional link between the mainland and the island of Lagos where most businesses are located has become more pertinent with the rapidly increasing population of the state. Recently, Governor Ambode disclosed that the state was losing N42 billion every year to traffic congestion. The fourth mainland bridge will reduce such loss.
“The significance of this bridge will be fully appreciated if we can imagine Lagos of today without the 3rd Mainland Bridge,” said Ambode at the signing of the agreement on Wednesday.
The bridge will be constructed under the Build, Own and Transfer (BOT) concession of 40 years under the Lagos State Government’s Public Private Partnership (PPP) Initiative.
The consortium of consultants and investors involved in the project include Visible Asset Limited, Julius Berger Nigeria Plc, Hi-tech Construction Limited, J.P. Morgan, Eldorado Nigeria Limited, Nigerian Westminster Dredging and Marine, Africa Finance Corporation, AFC and Nigeria’s Access Bank Ltd.
The governor explained that the bridge would be made up of 8 interchanges to facilitate effective interconnectivity between different parts of the State.
“This structure will be a Four-lane dual carriageway with each comprising 3 lanes and 2 metres hard shoulder on each side. The bridge will be constructed to have a generous median to allow for both future carriageway expansion and light rail facility,” Ambode said.
The project is expected to cost about N844 billion ($4.2 billion).