The Lagos State Government has signed a partnership with the African Export-Import Bank (AFREXIMBANK) and Access Bank for an investment of $1.352 billion investment in long-term infrastructure projects in the state.
The deal was signed by Governor Babajide Sanwo-Olu on behalf of the state government.
According to Sanwo-Olu, the deal was signed at the Afro-Caribbean Trade and Investment Forum 2023 in Guyana.
The governor mentioned vital projects, including the Fourth Mainland Bridge, Omu Creek Project, and the 2nd Phase of the LRMT Blue Line from Mile 2 to Okokomaiko. He noted that his administration is committed to creating a better future for the state.
He wrote: ‘’It was a significant moment in Guyana at the Afro-Caribbean Trade and Investment Forum 2023 as we’ve secured a partnership with the African Export-Import Bank and Access Bank for a massive investment of $1.352 billion in Lagos.
‘’This investment will power our long-term infrastructure projects, demonstrating confidence from international and local partners in our growing economy.
’As we move forward, this investment will help us realize key projects, including the Fourth Mainland Bridge, Omu Creek Project, and the 2nd Phase of the LRMT Blue Line from Mile 2 to Okokomaiko. We’re committed to creating a better future for Lagos and its people.
‘’Our vision for Lagos is becoming a reality with the Lekki-Epe International Airport and the Lagos Food Systems and Logistics Hub in Epe. These projects will further boost our economy and serve generations to come. The future of Lagos is brighter than ever.’’
