The Lagos State Government has disclosed that construction of the proposed 4th mainland bridge would cost the government 40 billion. The bridge envisioned to be 8 kilometres long, will cost N320 billion in total.
Speaking on why the government had not began building the bridge, the Commissioner for Works and Infrastructure, Mr. Obafemi Hamzat stated that there were about 318 buildings that would need to be demolished according to the current plan of the bridge.
“We need to remember that when motorists make use of the bridge, they will need an exit route. And this route will require motorists to drive through a road that will afford them to link at Ijede in Ikorodu and another link to the Lagos-Ibadan expressway,” Hamzat said.
According to him, “And to construct a kilometer of that bridge is about N40 billion, so the issue is that we also need to factor the cost of demolishing the 318 buildings into the project. Alot of these buildings are beautiful houses.”