As part of measures to fast-track the re-construction of Apapa seaports access roads in Lagos State, the Nigerian Ports Authority (NPA) is to raise N4.3 billion.
Addressing maritime stakeholders in Lagos on Monday, the Managing Director of NPA, Hadiza Usman, explained that NPA would provide N1.8 billion while Dangote Group and Flour Mills would provide N2.5 billion.
Usman convened the meeting as part of last minute efforts to stop seaport operators from embarking on strike.
Usman said: “We have received proposal for Corporate Social Responsibility of N2.5 billion from Dangote Group and Flour Mills for the full reconstruction of port roads.
“The reconstruction entails full drainage service and the total cost of the Apapa port access roads project is N4.3 billion.
“The two entities are willing to provide N2.5 billion, while NPA will pay the remaining N1.8 billion to ensure that the roads are done,” Ms. Usman said, adding that the reconstruction would begin within one month.
She added: “We are reengineering the roads for business to thrive, we just need to get it done. This is critical to us”.
In the main time, the MD said immediate palliatives would be carried out on the roads whilst the main project of reconstructing the roads would follow accordingly.