Home » Apapa Road: Relieve As Dangote, others team up to finance road construction

Apapa Road: Relieve As Dangote, others team up to finance road construction

by Abbey Lily

Apapa Road: Relieve As Dangote, others team up to finance road construction

Apapa Road: Relieve As Dangote, others team up to finance road construction

-Odunayo Ajani

Apapa Road: Relieve As Dangote, others team up to finance road construction

Apapa Road: Relieve As Dangote, others team up to finance road construction

 

Nigeria’s cement tycoon and Africa’s richest man, Aliko Dangote has applauded the Federal Government of Nigeria for the final intervention on the gridlock along Apapa-wharf road.
According to reports, Nigeria Loses N20 Billion daily and 140 billion naira weekly due to the constant gridlock on the Apapa-Wharf Road.
Speaking to some select media men, Aliko Dangote said “The economy loses more than N20 billion daily. It affects businesses across the country. All our operations in the hinterland in Ilorin, in Kano, are operating at 40 percent maximum capacity.”
Still buttressing on the poor state of the road and how it has affected several Dangote Conglomerates Dangote said.
 “Today, there is no linkage road going from South West to the North. You have to go all the way through Ajaokuta, Obajana, Lokoja and you have to go by that uncompleted road Obasanjo started 13 years ago.‘’
Seeing the need to be personally involved in the construction of the road to ease business operations for all, he said.
“More than 60 percent of our country’s import and exports come through the port and we leave it unattended. That is why we started on our own. Flour Mills said they will join us, but now government changed the design because they want all the cables and pipes underground and to have a more robust solution. Both Dangote and Flour Mills are pumping in over N2.5 billion for the 2 kilometres double lane on each side making a total of 4 kilometres.
The richest black man further said that the biggest job “is drainage because that is what is destroying the road. We will make sure this problem is sorted out once and for all. This thing should not be allowed to happen. We started a discussion with the government over a year ago and we are happy that we have been given the opportunity to finally fix it.”
The Memorandum of Understanding (MoU) has been signed by the Federal government, Dangote Industries Limited, Nigeria Port Authority and the Flour Mills of Nigeria Plc, for immediate reconstruction of the Apapa-Wharf road with a concrete overlay.
Former governor of Lagos, and now Minister of Power, Works and Housing, Babatunde Fashola, signed the agreement for the handover of the road, on behalf of the Federal Government, while the Managing Director, NPA, Hadiza Usman, and Joseph Makoju, honorary advisor to Aliko Dangote, President, Dangote Group, and Gbedebo, signed for their respective organisations.
The three organization have therefore taken over the Apapa road as one of their corporate social responsibility which will in all ways better the lives of businesses and sustain economic viability within Lagos and Apapa-wharf metropolis.

Follow us on Facebook – Dailyfamily.ng, Twitter – @DailyfamilyNG and instagram @dailyfamilyng for more updates

See also  Solution To Traffic Congestion:First Flying Car To Go On Sale Next Year

Related Articles

Leave a Comment