The Lagos State Governor, Babajide Sanwo-Olu has said that the construction of the Magbon-Alade highway and other critical infrastructure leading to the Free Zones in Ibeju-Lekki will commence in the next 2 months.
The project which is a collaboration between the Lagos State Government and the Dangote Group is expected to help ease business activities on that axis.
This disclosure was made by Sanwo-Olu, while on a visit with members of the State Executive Council to the Dangote Refinery and Petrochemical facilities on Saturday, during his 2-day working tour of the Free Trade Zone in Ibeju Lekki area of Lagos State.
The carriageway extends from Lekki-Epe Expressway into the Free Trade Zone area, covering several kilometres.
The Chairman of Dangote Group, Aliko Dangote, and the Group’s Executive Director on Strategy, Portfolio Development and Capital Projects, Mr. Devakumar Edwin, who personally led the State Government’s team on the excursion, later went into a private discussion with the Governor and his team where they agreed on the timeline for the kick of the road project.
What the Governor of Lagos State is saying
Sanwo-Olu, while briefing the press said, “Today, we have taken a five-hour tour of the Dangote Refinery, which is the biggest single refinery in the world, and also visited its fertilizer factory, which is the second-largest in the world. Between the time I came here in 2019 and now, there has been a huge improvement in the construction and layout on the entire site.
“For us as a Government, it’s not to fold our arms and be expecting that all is well in this corridor. We are here to encourage the investors and to show them that we are with them. The Government is in place to serve them; anything that will ease business is critical to us.
“We have met and cleared out few issues around approvals, right-of-way and the infrastructure that needs to come on this axis. We don’t want a replay of Apapa gridlock here. So, we have agreed and we have planned a timeline for ourselves on the construction of Magbon Alade Highway, which comes to the free zones from Lekki-Epe Expressway.”
He added that the layout for an airport being developed in Epe axis was being done, promising to prioritise its completion.
The Governor said the kind of development being implemented in the free zones was one that creates a work-and-live ecosystem.
What the Chairman of Dangote Group is saying
On his part, Aliko Dangote noted that the refinery and petrochemicals projects were his largest investment worldwide, applauding the State Government for his support to investors.
The billionaire said Sanwo-Olu’s commitment made the free zone to be business-friendly, pointing out that the area would become the hub of industrialisation in the country.
Commenting on the road project, Dangote said, “As Mr. Governor mentioned, we are eager to start this project. As soon as we have the green light, we will go ahead with the construction before we even sign the Tax Deductible Agreement on Presidential Order 7. I have promised the Governor that we will start the road in the next two months.”
He said the host community had not been neglected in the construction value chain happening in the free zones, stressing that hundreds of local residents were part of the 20, 000 Nigerians being engaged in the projects.
Dangote also pointed out that the Group had intervened in lifting members of the host community, by donating modern boats for local fishermen, building hospitals, schools and giving deserving students scholarship.
What this means
This will act as a relief to community leaders and residents on that axis will massive investments which includes industrial, refinery and petrochemical plants, fertilizer, deep seaport, airport and others going on around that axis.
The implementation of these infrastructural developments and master plan will help the state government avoid the mistake by the Federal Government which is affecting similar operators of some similar facilities and businesses around the Apapa axis.
NPA suspends Electronic Call-up for trucks at APM terminal, Apapa
This follows a fallout of the dispute between members of the Maritime Workers Union and the management of AP Moller Terminals.
The Nigerian Ports Authority (NPA) has announced the suspension of the Electronic Call-up for trucks (ETO) for cargoes bound for the AP Moller Terminal (APMT) in Apapa.
This follows the disruption of operations at the terminal which is a fallout of the dispute between members of the Maritime Workers Union and the management of AP Moller Terminals.
This disclosure is contained in a series of tweet posts by NPA on its official Twitter handle on Thursday, April 15, 2021.
The NPA said that while it is working towards resolving the dispute between both parties, APMT will not receive or exit cargoes for the next 24 hours.
The tweet from NPA reads, ”Following a dispute with the management of AP Moller Terminals at the Lagos Ports Complex, Apapa, members of the Maritime Workers Union have today, April 15, disrupted operations at the terminal.
While the NPA is working toward resolving the dispute between the two parties, APMT will not be able to receive or exit cargoes for the next 24 hours.
The authority hereby urges stakeholders to please take note, as ETO tickets will not be issued to APMT bound cargoes.’’
What you should know
- There were earlier reports that the Maritime Workers’ Union of Nigeria (MWUN) on April 15 shut down AP Moller Terminal (APMT) in Apapa.
- The President-General of MWUN, Mr Adewale Adeyanju, disclosed that the grounding of activities at the terminal is due to the expiration of the one week plus notice given to the management of the terminal to adhere to the laws of the land.
Following a dispute with the management of AP Moller Terminals at the Lagos Ports Complex, Apapa, members of the Maritime Workers Union have today, Thursday April 15, 2021, disrupted operations at the terminal.
— Nigerian Ports (@nigerianports) April 15, 2021
NCC issues NIN enrollment guideline for foreigners living in Nigeria
All legally resident foreigners are required to obtain a NIN just like Nigerian citizens.
Nigerian Communication Commission (NCC) has issued NIN enrollment guidelines for foreigners living in Nigeria.
According to NCC, all persons in Nigeria who use mobile networks are required to register their SIM cards and link them with the NIN database.
This was disclosed by the commission via its Twitter handle on Thursday.
It tweeted, “All persons in Nigeria who use mobile networks are required to register their SIM cards and link them with the NIN database.
All legally resident foreigners (i.e. non-Nigerians living and working in Nigeria) are to obtain a NIN just like Nigerian citizens. They can do this by submitting valid resident/work permits at NIMC enrolment centres.
However, foreigners on tourist or visiting visa are to tender their international passports to acquire a SIM. But where such a visiting foreigner or tourist’s immigration status changes to residency or work permit, he/she will be required to obtain NIN and link the registered SIM.”
It added that the NIN does not confer citizenship on foreigners but only serves to identify a person (citizens and legal residents).
— ncc.gov.ng (@NgComCommission) April 15, 2021
Nairametrics | Company Earnings
Access our Live Feed portal for the latest company earnings as they drop.
- BUA Cement Plc announces Board Meeting
- Infinity Trust Mortgage Bank Plc records a 60% increase in profit after tax in Q1 2021.
- Tantalizers Plc reports a loss after tax of N422.05 million in FY 2020.
- NASD Plc announces admission of newly demutualized NGX shares.
- Lotus Halal Fixed Income announces dividend of N20 per unit for Q1 2021.