Economy

We’ll Boost Economy With Infrastructure – Ambode

  • We’ll Boost Economy With Infrastructure

The Governor of Lagos State, Akinwunmi Ambode, on Wednesday inaugurated the Ajah and Abule Egba flyovers, saying the bridges were creative solutions by his administration to challenges in the areas.

The governor, who spoke at separate events in Ajah and Abule Egba to inaugurate the bridges, explained that while the motive behind the Ajah Bridge was to improve connectivity and facilitate economic growth, the Abule Egba Bridge was about opening up the area, as well as improving the lives of residents.

In Ajah, Ambode said daily gridlock had been crippling business activities, causing loss of valuable man hours and revenues.

He said the bridge would eliminate traffic jam, adding that the Freedom and Admiralty roads, which he also inaugurated, would provide alternative routes to the Lekki/Ikoyi Bridge, easing traffic at Lekki Phase 1.

The governor said, “We had to give this project priority because of its strategic importance to the economic growth of the Lekki Free Trade Zone and the Ibeju-Lekki-Epe areas. These areas will play a key role in the future prosperity of Lagos State as the home to many multi-billion naira private investments.”

The governor, at the inauguration of Abule Egba Bridge, said the project was a result of the government’s engagements with Lagosians and his administration’s desire to make life good for the people.

“Today, Abule Egba is open for business. This bridge signposts the beginning of a new era of development that will enhance the standard of living,” Ambode said.

He said all the adjoining roads disrupted in the course of the construction of the bridge had been awarded for rehabilitation, while a shopping mall would also be constructed opposite the Oke-Odo Market to boost economic activities in the area.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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