Fourth Mainland Bridge: Lagos State Secures Massive $1.3 Billion Infrastructure Investment

In a significant development, Lagos State has secured a substantial $1.3 billion investment for the Fourth Mainland Bridge.

The achievement was made possible through collaborative efforts by the state’s governor, Mr. Babajide Sanwo-Olu, in partnership with the African Export-Import Bank and Access Bank.

Naija News gathered that Lagos State Governor, Mr. Babajide Sanwo-Olu, has established a fruitful partnership with the African Export-Import Bank and Access Bank, leading to a significant investment of $1.352 billion in the infrastructure of Lagos.

The governor formalized this momentous agreement during the second Africaribbean Trade and Investment Forum 2023 in Georgetown, Guyana.

Sanwo-Olu expressed his enthusiasm, stating, “It was a significant 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 impetus for the realization of 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.

The governor further affirmed, “We are unwavering in our commitment to shape a brighter future for Lagos and its residents.”

Sanwo-Olu highlighted the progress in realizing their vision for Lagos, with milestones such as the Lekki-Epe International Airport and the Lagos Food Systems and Logistics Hub in Epe.

These initiatives are expected not only to stimulate economic growth but also to leave a lasting legacy for future generations.