Lagos State Government yesterday said that it will need N10 trillion yearly in the next 10 years for it to meet the infrastructural needs of the state, just as it said that it had embarked on the construction of a 30 kilometre road in Epe to open up the area for development.
The state Commissioner for Works and Infrastructural Development, Mr. Ganiyu Johnson, made the disclosure why inspecting ongoing road construction projects within the axis of the ancient Epe town, saying that the current administration was making the town ready for the migration of people to the axis.
According to him, investors and residents might soon be moving to the area as a result of the Lekki Free Trade Zone, the Dangote Refinery and Deep Sea port and many others multinational entities moving to the axis.
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Johnson said that despite the ongoing development of the state in terms of construction and rehabilitation, Lagos would still need about N1 trillion annually for 10 years to sufficiently address the infrastructural challenges of the state.
He said: “There is no doubt we will need an average of about N1trillion yearly for the next 10 years to at least meet our infrastructural needs in the state. Currently we are undergoing project of not less than 30 km inside Epe. These roads are into phases; they are in phases 1, 2 and 3.
“For instance, the Aiyetoro/ Ijebu-Ode Road is about three in one road. With these roads, we are making Epe ready to absorb people from the Dangote Refinery, Lekki Free Trade Zone, Lekki Deep Seaport.”
Johnson, who led officials of the ministry to all the ongoing road construction sites and other ongoing projects in the state, said all the projects were awarded by Governor Akinwunmi Ambode late last year.
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