FG to Spend ₦17bn for Rehabilitation of Lagos Iddo Bridge
[NigerianEye - Nigeria] - 5/07/2025
The Federal Government has successfully negotiated a reduced cost for the rehabilitation of the Iddo Bridge in Lagos. According to Minister of Works, Sen. Dave Umahi, the initial cost of N27 billion has been slashed to N17 billion, resulting in a savings of N10 billion.Minister Umahi made the announcement during an inspection of the bridge on Friday, highlighting the government's efforts to ensure transparency and cost-effectiveness in infrastructure projects.He said, “Julius Berger quoted, I think, N27 billion or thereabouts, but after much negotiation and discussion, we now arrived at (…)
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