Friday 10 August 2012

FG decides on Lagos-Ibadan Expressway next week

Federal Government will take a final decision on the concessioning of the Lagos-Ibadan Expressway next week.
The expressway had earlier been concessioned to Bi-Courtney Highway Services.
However, years after the concessioning, work has not started on the road, which daily claims lives through auto crashes and robberies.
The situation led to the call by stakeholders, including Ogun State Governor Ibikunle Amosun, and other South-West governors to call for the revocation of the concession agreement.
Speaking with State House correspondents on Thursday after making a presentation to President Goodluck Jonathan on the budget performance of his ministry, Minister of Works, Mr. Mike Onolememen, said government would take a decision on the road because of its importance to the economy.
He said, “The Lagos Ibadan Expressway is very topical. A meeting was held on Tuesday with the President on the issue. We are also engaging the concessionaire, Bi-Courtney.
“There has been a series of meeting; the meetings will end next week. Once that meeting is held, a decision will be taken and the way forward will be known to Nigeria.

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