Connect with us

Cover

Oworonshoki-Apapa Expressway: Tinubu, Sanwo-Olu, Umahi hail Dangote, HiTech for ‘excellent’ job’

Published

on

 

We’re privileged to partner with FG – Dangote

Advertisement

President Bola Ahmed Tinubu, Lagos State Governor Babajide Sanwo-Olu, Minister of Works, Engr David Umahi, among others hailed President of the Dangote Industries Limited, Alhaji Aliko Dangote, and HiTech Construction for their roles in the completion of the Oworonshoki-Apapa Expreswway.

L–R, Ogun state Governor, Prince Dapo Abiodun, Kwara State Governor AbdulRahman AbdulRasaq,
Deputy Speaker House of Representatives, Hon. Benjamin Okezie, Minister of Works Sen. David Nweze Umahi,Senate president sen.
GodsWill Akpabio, Represent the President, President/CE, Dangote Industries Limited, Aliko Dangote, Imo State Governor, Hope Adidaka Uzodinma,, At the Official Commissioning of Dangote Industries Ltd, Reconstructed Apapa -OWoronshoki – Ojota Expressway Lagos on Sunday 26th May, 2024

President Tinubu, represented by Senate President Godswill Akpabio, enthused that the 37 kilometres road, which commenced in 2018 by the former administration and completed in 2024, is a win for all Nigerians.

He explained that the importance of Lagos State to Nigeria makes it very vital and as such must work for the benefit of all.

Advertisement

L–R, Ogun state Governor, Prince Dapo Abiodun, Kwara State Governor AbdulRahman AbdulRasaq,
Deputy Speaker House of Representatives, Hon. Benjamin Okezie, Minister of Works Sen. David Nweze Umahi,Senate president sen.
GodsWill Akpabio, Represent the President, President/CE, Dangote Industries Limited, Aliko Dangote, Imo State Governor, Hope Adidaka Uzodinma, National Chairman of APC, Abdullahi Umar Ganduje, At the Official Commissioning of Dangote Industries Ltd, Reconstructed Apapa -OWoronshoki – Ojota Expressway Lagos on Sunday 26th May, 2024

“Lagos is home to all, I thank Mr Dangote for coming up with this initiative and in partnership with HiTech have delivered the Tenth Wonder of The World…Lagos is not the only state experiencing growth and development under the renewed hope agenda. I also congratulate the Minister of Works David Umahi for his passionate commitment to structural development across Nigeria,” he said.

L–R,Deputy Speaker
House of Representatives, Hon. Benjamin Okezie, Minister of Works Sen. David Nweze Umahi,Senate president sen.GodsWill Akpabio,
Represent the President, President/CE, Dangote Industries Limited, Aliko Dangote, Imo State Governor, Hope Odidika Uzodinma,at the Official Commissioning of Dangote Industries Ltd, Reconstructed Apapa -OWoronshoki – Ojota Expressway Lagos on Sunday 26th May, 2024

Speaking on the “extremely poor” condition of the road before December 2018, Mr Dangote stressed that the road “severely hampered the evacuation of goods and restricted access to the markets, paralyzing the shipping and manufacturing industries and disrupting supply chains across the entire economic landscape.

“Before the completion of this road, it used to take two weeks before we get to the port and in about 18 months, we lost over N60bn in demurrage.

“The successful completion of this project is an example of the positive impact that can be achieved when the public sector collaborate with private sector.

Advertisement

“Utilising the visionary framework of Executive Order 007 in Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, the Dangote Group has been able to mobilise capital for complete refurbishment of the entire 37 kilometres length of Apapa-Isolo-Oworonshoki road and its expansion to 10 lanes.”

L–R, Kwara State Governor AbdulRahman AbdulRasaq,
Deputy Speaker House of Representatives, Hon. Benjamin Okezie, Minister of Works Sen. David Nweze Umahi,Senate president sen.
GodsWill Akpabio, Represent the President, President/CE, Dangote Industries Limited, Aliko Dangote, Imo State Governor, Hope Odidika Uzodinma,at the Official Commissioning of Dangote Industries Ltd, Reconstructed Apapa -OWoronshoki – Ojota Expressway Lagos on Sunday 26th May, 2024

Dangote added that the Group was privileged to partner with the Federal Government in the transformative efforts, reaffirming its commitment to national development and prosperity.

He also stated that it is imperative that the scheme should be revisited to make it more viable for the private sector participants.

Advertisement

“In this case, we have so far recovered only 40 per cent of our investments and the balance is not due until 2027, we consider this project merely as Corporate Social Responsibility.

“We believe that a more commercial interest rate recovery should be allowed in view of the high cost of capital in the Nigerian fiscal environment,” he said.

Advertisement

In his remarks, Engr Umahi also commended the Dangote Group for delivering a well-executed project, adding that the quality of the Dangote Cement is a testament to the value seen on the road.

“I was once trapped for 8 hours on my way to the airport and so, I understand how terrible the road was. We are celebrating this project today because it was well done and a display of new technology. It is fully completed with solar-powered streetlights.

Advertisement

“In the same vein, the Third Mainland Bridge wasn’t just another rehabilitation work, a road that has been standing for about 40 years… in an effort to ensure that our bridges last longer, I’m happy to announce that Mr President has approved the ban on excavation of sands 10 kilometres from bridges across Nigeria.”

L–R, Kwara State Governor AbdulRahman AbdulRasaq,
Deputy Speaker House of Representatives, Hon. Benjamin Okezie, Minister of Works Sen. David Nweze Umahi,Senate president sen.
GodsWill Akpabio, Represent the President, President/CE, Dangote Industries Limited, Aliko Dangote, Imo State Governor, Hope Odidika Uzodinma,at the Official Commissioning of Dangote Industries Ltd, Reconstructed Apapa -OWoronshoki – Ojota Expressway Lagos on Sunday 26th May, 2024

The governor of Lagos State, Babajide Sanwo-Olu, represented by his deputy, Obafemi Hamzat revealed that about 20 companies had relocated from the Apapa axis of the state owing to the condition of the road, “the state of the road is unimaginable. We are grateful to Aliko Dangote, HiTech for the excellent job they did. It used to take over seven hours to drive from one end of the road to the other, it now takes around an hour,” he said.

Advertisement

news14 hours ago

TURTLE TAIDO CARTOON ANIMATION IN HAUSA TO AIR ON TEN TV CHANNELS

Cover2 days ago

Fidelity Splashes Millions of Naira on Youth Corps Members with GAIM 6

Cover1 week ago

How Nigerian Government, Colleagues in Movie Industry Forced My Relocation to Canada’ – Adekola Tijani Shares Experience

Banking/Finance1 week ago

FIRSTBANK HOLDS GROUNDBREAKING CEREMONY FOR NEW STATE-OF-THE-ART ECO-FRIENDLY HEADQUATERS

Cover2 weeks ago

GLO OFFERS CUSTOMERS 200% VALUE BACK ON NEW MiFi DEVICES

Cover2 weeks ago

AARE ADETOLA EMMANUELKING CELEBRATES CHIEF OLUSEGUN OBASANJO AT 88

Cover2 weeks ago

GRACE EFOBI: A Voice Of Worship, Passion, And Purpose

Cover2 weeks ago

Glo partners Min. of Comm, ITU, others on submarine cables’ resilience  

Cover2 weeks ago

Aare Adetola Emmanuelking Hosts Reception for CP Ogunlowo, Pledges Support for Law Enforcement in Ogun State

Banking/Finance2 weeks ago

ICAN, Union Bank of Nigeria Foster Stronger Relationship with Visit

Cover2 weeks ago

Glo Customers to get 15% bonus on airtime recharges

Banking/Finance3 weeks ago

Analyst Predict Fidelity to meet Recaptalization Threshold ahead of Regulatory Deadline

Cover3 weeks ago

Glo intensifies network upgrade, reassures of enhanced customer experience

Cover3 weeks ago

Osun LG Crisis: Why President Tinubu Must Call His Nephew, Gboyega Oyetola to Order

Uncategorized3 weeks ago

“Stop disgracing Womanhood with your disrespectful attitude”–Angry Niger Delta women tells Senator Natasha Akpoti-Uduaghan