Federal Executive Council (FEC) has approved N20.8 billion for the rehabilitation of the Sagamu-Ikorodu Road.
Information and culture minister, Alhaji Lai Mohammed, announced the voting of the N20.8 billion for the rehabilitation of the road to the state house correspondents at the end of the weekly meeting of the council.
The minister said the rehabilitation project will reduce the operating costs and movement of petroleum products and agricultural products between Lagos and Ogun states.
The Ogun State segment of the road is already being reconstructed and upgraded by the Ogun State government into a six lane expressway.
“On behalf of Minister of Power, Works and Housing, l will also brief you that FEC approved the rehabilitation of Ikorodu – Shagamu road in Lagos State at the sum of N20, 845,336. 214.
“The significance of the award of this contract is that it will reduce road accidents and loss of lives.
“Of course, it will reduce travel time and operating cost for transporters and commuters, and more importantly, it will enhance the movement of petroleum and agricultural products and also facilitate other commercial activities.
“If you remember, Mosinmi, the Nigeria National Petroleum Corporation (NNPC) depot is along that line.”