The myriad of clamours for creation of a fourth Mainland Bridge in Lagos is getting realistic as the Governor of the state, Akinwunmi Ambode has said that the State Government will formally sign a Memorandum of Understanding (MoU), with investors for the construction of the proposed bridge before the end of May 2016.
The governor gave the assurance while speaking at the First Quarter 2016 Town Hall Meeting, the third in the series, held at the Ikorodu Town Hall, Ikorodu, on Thursday.
Ambode said: “We reaslised that one of the ways to fast-track our economic growth is through collaborations and partnerships.
“As a result, we entered into a partnership with Kebbi State for the establishment of a commodity value chain for the production, processing and distribution of commodities such as rice, wheat, groundnut, onions and beans.
“This activity is majorly in the East Senatorial Zone.
“In the same vein, many investors have shown interest in the actualization of our dream for the fourth mainland bridge which will run from Ajah to Ikorodu to Isawo and berth at Ojodu, Ikeja back to the Ibadan expressway.. By the special grace of God, we will sign the MoU and commence action before May 29.”
Ambode also restated that the objective of his administration is to ensure that no part of the state is left undeveloped, expressing optimism that the Lagos East Senatorial District which used to be the economic hub of the state in the then Western Region will regain its position.
He continued: “Over the years, the economic activities have continually dwindled resulting in urban migration, underdevelopment and unemployment. It is with a view of revitalising the economic activities of this zone that Government has identified the need for urgent intervention.”
“To this end, government will be relocating the Mile 12 Market to Imota. Work on this will commence next week. Our vision is to make the East Senatorial Zone economically viable and liveable.”