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Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors - Politics - Nairaland

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Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by AutoJoshNG: 2:42pm On Jun 10, 2019


Though of Ogun State ancestry, Vice President Yemi Osinbajo is a  “Lagos boy” through and through.

He was born and raised in Lagos state. There, he rose to become the Attorney-General and Commissioner for Justice during the administration of Sen. Bola Ahmed Tinubu.

In 2015, Yemi Osibanjo was elected Vice President of Nigeria.

As the Vice President, he has severally demonstrated a passion for the development of Nigeria’s commercial capital  - Lagos state

His determination for the progress of Lagos state has been particularly evident in projects designed for the rehabilitation of roads and transport infrastructure in Lagos state.

The indefatigable Yemi Osibanjo has made himself ever available to intervene in matters that affect Lagos tate. He understands that the progress of this key state impacts on the nation as a whole.

When fully rehabilitated, some of these roads and transport projects will, in no small measure, leapfrog the economy of Lagos state to a new vista of economic advancement.

Here, we highlight some road construction and reconstruction projects that the Vice President Yemi Osinbajo has facilitated, and the contractors awarded the contracts to execute the projects.




Apapa-Wharf Road

For years, the Apapa-Wharf Road in Apapa, Lagos, was in a chronic state of disrepair.

The road was notorious for traffic gridlock at the Apapa axis.

Vice President Yemi Osinbajo chaired the presidential task force with the responsibility of restoring sanity to Apapa roads.

On June 17, 2017, the Federal Government signed a N4.34 billion Memorandum of Understanding (MoU) with some stakeholders for the reconstruction of the Apapa-Wharf Road.

The Apapa-Wharf road reconstruction project was supervised by the Ministry of Works and Housing and funded by the Dangote Group Ltd, the Nigerian Ports Authority (NPA) and Flour Mills of Nigeria Plc.

On September 2018, the reconstruction work on the Apapa-Wharf Concrete Road was completed.

The contract for the reconstruction of the Apapa-Wharf road was awarded to the indigenous firm, AG Dangote Construction Company Ltd.




Airport-Road, Mafoluku

Airport Road, Mafoluku, Lagos is a principal gateway into the country.  It offers first-time visitors the first impression of the country.

Sadly, for decades, Airport Road – a Federal Road - has been in the most uncomplimentary condition.

Over the years, successive Federal Governments neglected this very crucial road. The road and environ begged for intervention

However, in the spirit of the regeneration and urbanization of Lagos state by the Ambode-led administration, the Lagos state government opted to reconstruct the road and bring it to a dignified standard.

The proposal to the Federal Government by the Ambode government was initially met with some resistance. However, VP Osibanjo prevailed on the situation.

On May 2017, with facilitation by Vice President Yemi Osibanjo, the federal government finally gave the approval for the Lagos State government to commence a total reconstruction of the road.

The project saw the transformation of the road from 4 lanes to 10 lanes from Oshodi to the International Airport. It would also feature an interchange and flyover that would drop commuters at the Airport.

It is unknown how much would the Lagos state government will invoice the Federal Government for the project.

The project, though commissioned, is currently at its terminal stage.

The reconstruction contract of the Airport road was awarded to indigenous construction company - Hitech Construction Company Limited.




The Apapa Roads (Apapa-Mile-2-Oshodi-Oworo-Toll Gate)

The Apapa-Oshodi Expressway is an economically-crucial road. It leads to the Apapa and Tincan Island ports. It also connects Trans West Africa Coastal Highway as well as Murtala Mohammed International Airport.

Due to ageing, the expressway (especially the Apapa-Oshodi Expressway axis) had virtually collapsed from the damaging effects of heavy axle load vehicles carrying goods to and from the ports.

On Wednesday 31, July 2018, the Federal Government approved a contract for the complete reconstruction of this expressway.

The project will span the roads from Creek Road, Liverpool Road, Marine Beach all the way to Mile 2, Oshodi, Oworonshoki, to the Lagos end of the Toll Gate on the Ibadan Expressway.

The reconstruction contract was awarded to Dangote Group. The contract was signed on September 12, 2017.

In exchange, the Federal Government will grant Dangote Group a ten-year tax holiday.

The amount approved for the construction project is N72.9billion.

The reconstruction work is being carried out by Hitech Construction Company.





Source:

https://autojosh.com/yemi-osinbajo-3-lagos-road-projects-hes-passionate-about-the-contractors-handling-them/

L

7 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by AutoJoshNG: 2:42pm On Jun 10, 2019
VP Yemi Osinbajo’s Estate: See How An Excavator Is Used To Convey Residents Over The Flood. Watch the Video HERE

2 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by HospitalityDiva(f): 2:43pm On Jun 10, 2019
Our hard-working VP. I see you.

Treats vaginal odour, infections, and prevent toilet infections, etc. See my signature.

14 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by allsaint2000: 4:13pm On Jun 10, 2019
Nice one. I think Osinbajo ranks as Nigeria's most active VP ever. If Buhari's military government was democratically elected, perhaps that record would have gone to Idiagbon.

For clean tokunbo cars, check my profile.

Toyota Avalon XLE (2013), Toyota Corolla LE (2014), Toyota Haice Bus (2006), Highlander Limited (2012), Toyota 4Runner (2007), Toyota Camry LE (2016), Toyota Highlander XLE (2015), etc.

24 Likes 2 Shares

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by tstx(m): 4:35pm On Jun 10, 2019
Nigeria's most active VP ever... Argue with your screen guard




I build websites and I am based in Abuja, see my signature (09011639568)

16 Likes 1 Share

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by Sirpaul(m): 4:37pm On Jun 10, 2019
na there EGO dey naaaa

2 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by kingscare1(m): 4:39pm On Jun 10, 2019
Prof Osinbajo is underrated smiley

9 Likes 1 Share

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by SoftP(m): 4:39pm On Jun 10, 2019
Yahoo Pastor
Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by HisMajesty1(m): 4:39pm On Jun 10, 2019
If Lagos-Badagry road is not of topmost priority to him then I don't know which other road in Lagos would.

10 Likes 4 Shares

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by Krazy8: 4:39pm On Jun 10, 2019
cheesy cf
Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by VillagePipu: 4:41pm On Jun 10, 2019
SoftP:
Yahoo Pastor

Genius has its limits, your stupidity knows no bounds.

4 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by blackpanda: 4:47pm On Jun 10, 2019
[s]
Krazy8:
I'm beyond disgusted that this miserable, retar.ded and demented bastard is the Vice president of my country. This scallywag, nonentitical Imp who was handpicked by the cabals to fill a post he has no qualifications for. The tribalistic, ethnocentric political bigot and proliferator has nothing to offer!. God kill Osibanjo. Insha allah undecided
[/s]


who be dis one

8 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by phobia2002: 4:48pm On Jun 10, 2019
In four years Ibadan/lagos not completed
Nothing but scam

2 Likes 1 Share

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by elganzar(m): 4:48pm On Jun 10, 2019
grin life is beautiful


Some people are here swearing and hating with all their heart, and the man only intensifies his good works...He doesn’t even know you exist, you’re just part of STATISTICS_ grin and he still means well for you...

Most people cannot properly manage a family, or choir group, compound even their own very selfs...

But will still criticize a man doing well governing a COUNTRY!

3 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by Nobody: 4:49pm On Jun 10, 2019
Dino
Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by Seun360(m): 4:51pm On Jun 10, 2019
HisMajesty1:
If Lagos-Badagry road is not of topmost priority to him then I don't know which other road in Lagos is of would.

Na smuggling activities make FG no wan do that road.

Make una wey dey ply dat road continue to enjoy the dividend of democracy.
Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by deic9(m): 4:53pm On Jun 10, 2019
blackpanda:
[s][/s]


who be dis one

That guy, his brain was replaced with gutter water

1 Like

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by kingzjay(m): 4:54pm On Jun 10, 2019
Krazy8:
I'm beyond disgusted that this miserable, retar.ded and demented bastard is the Vice president of my country. This scallywag, nonentitical Imp who was handpicked by the cabals to fill a post he has no qualifications for. The tribalistic, ethnocentric political bigot and proliferator has nothing to offer!. God kill Osibanjo. Insha allah undecided



This one forgot to take his medication again. How sad

3 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by 9jaRealist: 5:00pm On Jun 10, 2019
AutoJoshNG:

Due to ageing, the expressway (especially the Apapa-Oshodi Expressway axis) had virtually collapsed from the damaging effects of heavy axle load vehicles carrying goods to and from the ports.

On Wednesday 31, July 2018, the Federal Government approved a contract for the complete reconstruction of this expressway.

The project will span the roads from Creek Road, Liverpool Road, Marine Beach all the way to Mile 2, Oshodi, Oworonshoki, to the Lagos end of the Toll Gate on the Ibadan Expressway.

The reconstruction contract was awarded to Dangote Group. The contract was signed on September 12, 2017.

In exchange, the Federal Government will grant Dangote Group a ten-year tax holiday.

The amount approved for the construction project is N72.9billion.

The reconstruction work is being carried out by Hitech Construction Company.

Please stop repeating the highlighted misinformation... undecided
It's NOT a tax holiday, but a tax CREDIT (offset against audited tax liability) over 3 years (not 10 years).

For clarification sake, this contract is a PPP under Executive Order No. 07 of 2019 which provides that private infrastructure providers shall be able to offset actual audited tax liabilities accrued over any 3-year period within the 10-year lifespan of the Executive Order (which expires in 2029) by taking a credit against such tax liabilities, up to the contract amount involved in each of the covered projects

There are presently 6 companies availing themselves of the tax credit provided under Executive Order No. 7. (in addition to the Dangote Group, the others are Lafarge Africa Plc, Unilever Nigeria Plc, Flour Mills of Nigeria Plc, Nigeria LNG Limited, and China Road and Bridge Corporation Nigeria Ltd.) by financing the construction of 19 federal road projects in 11 states across each of the six geopolitical zones.
>

5 Likes

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by stormborn28(m): 5:08pm On Jun 10, 2019
Krazy8:
I'm beyond disgusted that this miserable, retar.ded and demented bastard is the Vice president of my country. This scallywag, nonentitical Imp who was handpicked by the cabals to fill a post he has no qualifications for. The tribalistic, ethnocentric political bigot and proliferator has nothing to offer!. God kill Osibanjo. Insha allah undecided
did you write this when you were awake?

3 Likes 1 Share

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by VillagePipu: 5:11pm On Jun 10, 2019
Krazy8:
I'm beyond disgusted that this miserable, retar.ded and demented bastard is the Vice president of my country. This scallywag, nonentitical Imp who was handpicked by the cabals to fill a post he has no qualifications for. The tribalistic, ethnocentric political bigot and proliferator has nothing to offer!. God kill Osibanjo. Insha allah undecided

Your father is tapping palmwine in Abakaliki, your mother is licking moinmoin leaf like a baby goat. You are here advertising your ancestral foolishness.

Since you and your mediocre ancestors were dumped here on earth, has your generation of nonentities managed to produce a single SAN?

Osinbajo is an SAN, his brother is an SAN. His wife's grandfather is an SAN. Your father is fighting for Tradermoni and you're here disgracing your ancestors and advertising your eternal stupidity.

13 Likes 1 Share

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by helinues: 5:13pm On Jun 10, 2019
All thanks to Apc led government.. These are visible projects not paper work
Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by VillagePipu: 5:13pm On Jun 10, 2019
Seun360:


Na smuggling activities make FG no wan do that road.

Make una wey dey ply dat road continue to enjoy the dividend of democracy.

Hmmmm

But smugglers no dey use that side na. Idiroko Road no bad like that.

1 Like

Re: Yemi Osinbajo: 3 Lagos Road Projects He's Passionate About & The Contractors by allsaint2000: 5:24pm On Jun 10, 2019
9jaRealist:


Please stop repeating the highlighted misinformation... undecided
It's NOT a tax holiday, but a tax CREDIT (offset against audited tax liability) over 3 years (not 10 years).

For clarification sake, this contract is a PPP under Executive Order No. 07 of 2019 which provides that private infrastructure providers shall be able to offset actual audited tax liabilities accrued over any 3-year period within the 10-year lifespan of the Executive Order (which expires in 2029) by taking a credit against such tax liabilities, up to the contract amount involved in each of the covered projects

There are presently 6 companies availing themselves of the tax credit provided under Executive Order No. 7. (in addition to the Dangote Group, the others are Lafarge Africa Plc, Unilever Nigeria Plc, Flour Mills of Nigeria Plc, Nigeria LNG Limited, and China Road and Bridge Corporation Nigeria Ltd.) by financing the construction of 19 federal road projects in 11 states across each of the six geopolitical zones.
>


You are right. It is 3 years, not 10. But I thing you were wrong, it is not a tax credit. but a tax-holiday.

https://www.thecable.ng/dangote-get-3-year-tax-relief-apapa-oworonshoki-road

5 Likes

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