Popular Nigerian businessman, Aliko Dangote has said Apapa-Oshodi road will last for 40 years when it is completed.
The rich entrepreneur recently took the Minister of Works and Housing, Babatunde Fashola on an inspection tour of the 35-kilometer Apapa-Oshodi-Oworonsoki-Ojota highway presently under construction by Dangote Industries Limited.
The construction started last year, as part of a bargain between the company and the Federal Government to enjoy a 10-year tax rebate that accrues to N72.9 Billion, and it has been a huge cause of traffic.
Hailing the quality of the road been constructed, Aliko said it will resurrect commerce around the Apapa area.
His words, “This road will actually open up the economy. It will bring a lot of jobs and a lot of factories that have moved out will be able to move back.”
The road is on track to be concluded before the end of 2020. This is the first attempt to rehabilitate the busy road since it was first completed in 1978. Fashola also spoke about the economic revival of the Apapa area,
“Businesses have started coming back on Liverpool Road because the road closed earlier is now back. You will see more of that. All of the businesses that are shut on Creek Road will come back. We expect to see property redevelopment and property renewal once the road is completed.”
Fashola added, “Once the economy of Apapa returns, all the clearing and forwarding, shipping, newspaper companies and all others doing business will resume fully and the economy will bounce back.”
“We are at the Oshodi area now and one side has been concluded and opened to traffic and this is how we intend to continue to complete and open until we finish the entire road.”
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