207 Views

Dangote, Others Sign N4.34bn MoU to Re-build Apapa-Wharf Road

The Dangote Group and the Minister of Power, Works and Housing, Mr Babatunde Fashola along with other stakeholders have signed a N4.34 Billion Memorandum of Understanding (MoU) for the rebuilding of Apapa Wharf Road.

The project is to be funded by AG Dangote Construction Company Ltd, an arm of the Dangote Group, the Nigerian Ports Authority (NPA) and Flour Mills of Nigeria.

The road, which is the scene of countless gridlocks, was handed over to the stakeholders for commencement of reconstruction works after the agreement was signed in Lagos.

According to Fashola the practice of transporters ignoring the old system of moving cargo through rail to trucks and containers caused the situation.

“As a result of all these unsavoury practices, we have reached a point of near total gridlock, it is difficult to move cargo in or out, difficult for residents to get home and this must stop,’’ he said.

ALSO READ  Money Speaking!! Checkout How Dollars Rain At The Birthday Of A Nigerian Man In The US!! (+Photos)

Fashola said that it took time to reach an agreement on the project because the stakeholders were putting up an effective design that would address the drainage problem because the area was water logged.

“We have finished with the design, we now have a Bill of Quantity and the cost of the road is N4.34 billion to be funded and paid for by these three groups, Flour Mills of Nigeria, AG Dangote Construction Company Ltd and NPA,’’ he said.

The minister said that although the parties were funding the project, the Federal Ministry of Power Works and Housing would supervise it through all the stages to ensure quality and compliance with standards.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Why Obasanjo Is Angry With Buhari – Presidency
Politics
5 views
Politics
5 views

Why Obasanjo Is Angry With Buhari – Presidency

MT - May 24, 2018

Personal Assistant to President Muhammadu Buhari on Social Media, Lauretta Onochie, has stated that former president, Olusegun Obasanjo is angry with her principal because Buhari is fixing…

Here Are Foods That Can Make You Age Faster – Expert
Best of Nigeria
5 views
Best of Nigeria
5 views

Here Are Foods That Can Make You Age Faster – Expert

MT - May 24, 2018

It’s common knowledge that stress, the sun, and your genes can cause you to age before you’re due, but what about your diet? Jumia Food, Nigeria’s no…

Pension Fund Administrators In Nigeria And Their Functions
Business
28 views
Business
28 views

Pension Fund Administrators In Nigeria And Their Functions

PH - May 24, 2018

by Evelyn Bankole After the Pension Reform Act in 2004, many people are in search of a reliable and licensed Pension Fund Administrators in Nigeria. After all…

“Samuel Ahmadu University, Open International University & 56 Others Are Illegal In Nigeria” -NUC [Full List]
Shocking
41 views
Shocking
41 views

“Samuel Ahmadu University, Open International University & 56 Others Are Illegal In Nigeria” -NUC [Full List]

MT - May 24, 2018

A list of 58 illegal universities in Nigeria has been released by the National Universities Commission (NUC) who disclosed in a new publication that the universities are…

Lidya Raises $6.9 Million In A Series A Round Led By Omidyar Network
Business
25 views
Business
25 views

Lidya Raises $6.9 Million In A Series A Round Led By Omidyar Network

PH - May 24, 2018

Lidya, the digital financial services platform focused on improving access to credit for micro-, small-, and medium-sized enterprises (MSMEs) in Africa has raised $6.9 million in a…

iGuides Nigeria: Federal Government Launches Electronic Portal For Investors
Business
33 views
Business
33 views

iGuides Nigeria: Federal Government Launches Electronic Portal For Investors

PH - May 24, 2018

Federal Government has launched iGuide, an online investment portal, as it seeks to position itself as an investment hub to local and international investors. The United Nations…

Falana Asks FG To Release Illegally Detained Nigerians To Mark His Birthday
Politics
28 views
Politics
28 views

Falana Asks FG To Release Illegally Detained Nigerians To Mark His Birthday

PH - May 24, 2018

Femi Falana has urged President Buhari to release all illegally detained Nigerians across across the country as a special birthday for him. He said he was humbled…

Why Shell Nigeria Invested N14.85bn On GMoUs In Rivers State
Business
27 views
Business
27 views

Why Shell Nigeria Invested N14.85bn On GMoUs In Rivers State

PH - May 24, 2018

A total of N14.86 billion has been invested by the Shell Petroleum Development Company of Nigeria (SPDC) operated Joint venture on Global Memorandum of Understanding (GMoU) clusters…

PHOTOS: Meet Oluwatofunmi Fadesire, Nigerian Contestant At The World Strongest Man Competition
Best of Nigeria
29 views
Best of Nigeria
29 views

PHOTOS: Meet Oluwatofunmi Fadesire, Nigerian Contestant At The World Strongest Man Competition

MT - May 24, 2018

Oluwatofunmi Fadesire represented Nigeria at the 2018 edition bodybuilding competition, The World's Strongest Man (WSM). Tofunmi is Nigeria's strongest man and was the country's flag bearer at…

For Unity, Nigerians Should Stop Seeking Uniformity
Best of Nigeria
42 views
Best of Nigeria
42 views

For Unity, Nigerians Should Stop Seeking Uniformity

PH - May 24, 2018

By Churchill Okonkwo Cultural diversity in Nigeria is not only inescapable but a permanent feature of life. Every day, thousands of Nigerians move (‘migrate’) freely and settle…

President Buhari Appoints New Police Service Commission Chairman
Politics
37 views
Politics
37 views

President Buhari Appoints New Police Service Commission Chairman

PH - May 24, 2018

The Former Inspector-General of Police, Musiliu Smith, has been appointed as the chairman of the Police Service Commission (PSC). Smith will take over from Mike Okiro, who…

High Hopes As NERC Approves 22 Companies For Distribution And Installation Of Prepaid Meters
Business
51 views
Business
51 views

High Hopes As NERC Approves 22 Companies For Distribution And Installation Of Prepaid Meters

PH - May 24, 2018

The Nigerian Electricity Regulatory Commission (NERC) says it has given 22 companies approval to take over the distribution and installation of prepaid meters. The development was made…

Oba Abubakar Siyanbola Onikepe Akanbi Ladigbolu, Oyo’s Most Powerful Traditional Ruler
Art, History and Culture
41 views
Art, History and Culture
41 views

Oba Abubakar Siyanbola Onikepe Akanbi Ladigbolu, Oyo’s Most Powerful Traditional Ruler

PH - May 24, 2018

Siyanbola Ladigbolu was Alaafin of Oyo from January 1911 to 1944. He was the Alaafin of Oyo when Northern and Southern protectorates of Nigeria were amalgamated in…

Bauchi State Governor Accepts Deputy’s Resignation
Politics
34 views
Politics
34 views

Bauchi State Governor Accepts Deputy’s Resignation

MT - May 24, 2018

Gov. Mohammed Abubakar of Bauchi State has accepted the resignation of his deputy, Alhaji Nuhu Gidado. In a statement issued on his behalf by Mr Ali M.…

Meet Taiwo Akinkunmi, The Man Who Designed The Nigerian Flag
Best of Nigeria
35 views
Best of Nigeria
35 views

Meet Taiwo Akinkunmi, The Man Who Designed The Nigerian Flag

PH - May 24, 2018

The history of Nigeria will never be complete if the flag is not mentioned. History records that the Nigerian flag was designed in 1958 by Michael Taiwo…

Warri-based Cleric, Prophet Jeremiah Fufeyin Poses With His Newly Acquired Private Jet (Photos)
Religion
46 views
Religion
46 views

Warri-based Cleric, Prophet Jeremiah Fufeyin Poses With His Newly Acquired Private Jet (Photos)

MT - May 24, 2018

Prophet Jeremiah Fufeyin, the popular Warri-based clergyman acquired a private jet in March this year and is obviously very proud of it. The prophet took to his…

Super Eagles vs Atletico Madrid: Torres Presented With a ‘Priceless’ Gold Sculpted N1000 (Photos)
Best of Nigeria
39 views
Best of Nigeria
39 views

Super Eagles vs Atletico Madrid: Torres Presented With a ‘Priceless’ Gold Sculpted N1000 (Photos)

MT - May 24, 2018

Europa League Champions, Atletico Madrid on Tuesday evening at the Goodswill Akpabio international stadium in Uyo, Akwa Ibom state, defeated the Super Eagles 3-2 to win the…

Protest In US Over Racial Bias Against Nigerian
Buzz & Trends
42 views
Buzz & Trends
42 views

Protest In US Over Racial Bias Against Nigerian

MT - May 24, 2018

Racial bias against Ms Lolade Siyonbola, a Nigerian graduate student at the Yale University, has prompted Nigerian community in the U.S. to stage a protest. The Organisation…

Loading...