The Federal Airports Authority of Nigeria (FAAN), on Tuesday, signed a memorandum of understanding (MoU) with the Lagos state government for the new airport Alimosho bypass project (AABP).
Hadi Sirika, minister of aviation, signed on behalf of FAAN, while Babajide Sanwo-Olu, Lagos governor, signed for his state.
The AABP is a four-phase project to decongest traffic on the Lagos-Abeokuta expressway.
The 9km four-lane toll road along the Murtala Muhammed International Airport perimeter is the first phase.
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The second phase involves northern connection to the Lagos-Abeokuta expressway; phase three is the southern connection to Egbe road, and phase four is the southern extension to Isolo and Okota roads.
According to a project overview document seen by TheCable, the AABP is aimed at easing traffic congestion often experienced on Lagos-Abeokuta expressway and its environs.
“It entails the construction of a new 9Km toll dual carriageway express road from Shasha road to the airport toll road with immense commercial and economic benefits on completion,” the document reads.
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“It will increase revenue generated, reduction in travel time and vehicle operating costs, coupled with a reduction in accident occurrences just to mention a few.”
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