Nairametrics| The Lagos State Government has announced the termination of the contract for the construction of the 4th Mainland bridge, Cable reports. The termination, which was announced on Monday during the 2017 ministerial press briefing of the Ministry of Waterfront Development in Alausa to commemorate governor Akinwunmi Ambode’s second year in office, means that the project goes back to ground zero.
As to why the contract, which is one of the flagship projects of Governor Ambode’s government, was terminated, the Commissioner for Waterfront Development, Adebowale Akinsanya, said that the slow pace of the contractors was not in line with the vision of the government. “The pace the old contractors were moving is not what we are looking for,” he said. Thus, it is reasonable to conclude that while the Lagos State Government has fulfilled its part of the contractual agreement to date, the contractor has not.
The 36-kilometer bridge, which is expected to cost around N844 billion will however not be abandoned as the Commissioner said that the state government is already scouting for suitable replacements. According to him, interest in the project from contractors in Asia, Europe and the United States was already high. “The state government has started the proposals. We have such investors from South Korea, Europe and the United States, among few others. What we are doing now is vetting the proposals. We do not want to waste any further time. So works are in top progress on the 4th Mainland Bridge.” Vanguard quotes Akinsanya as saying