The Federal Executive Council (FEC) has approved a contract worth N158 billion for the construction of service lanes connecting the Lekki Deep Sea Port through Epe to the Shagamu-Benin Expressway.
The project will be executed by Dangote Industries under the Federal Government’s Road Infrastructure Development Fund and the Refurbishment Investment Tax Credit Scheme.
This decision was one of the key outcomes from the FEC meeting, chaired by President Bola Tinubu in Abuja on Monday. The announcement was made through a statement posted on the official X (formerly Twitter) account of Bayo Onanuga, Special Adviser to President Tinubu on Information and Strategy.
According to the statement, “The council approved the N158 billion contract for the construction of service lanes from the Lekki Deep Sea Port through Epe to the Shagamu-Benin Expressway. The contract will be executed by Dangote Industries under the Federal Government’s Road Infrastructure Development Fund and Refurbishment Investment Tax Credit Scheme.”
The service lanes, which will pass through Epe to the Shagamu-Benin Expressway, are expected to alleviate traffic congestion in Lagos, especially due to the concentration of industries in the Lekki Free Trade Zone. Once the project is underway, it will improve the movement of goods, reduce the strain on Lagos’ internal roads, and enhance regional connectivity.