Who constructed Lekki Epe Expressway?

Lateef Jakande
The Lekki-Epe expressway was first built in the 1980s and it was built during the Lateef Jakande’s administration. It is the second private toll project in Africa. The road construction project was financed by the African Development Bank.

Who is the owner of Lekki?

Lagos assumes full ownership of Lekki Concession Company, Toll Gate. Lagos State Government has received the nod of the House of Assembly to assume full ownership of Lekki Concession Company (LCC). The privately owned company was the special purpose vehicle that executed the Lekki Toll Road Concession Project.

Who built Lekki tollgate?

Julius Berger Nigeria
Design and construction The bridge is the first cable-stayed bridge to be built in Nigeria and was constructed by Julius Berger Nigeria. The bridge has a 9-metre headroom above water level in order to allow for the flow of maritime traffic.

Is Ibeju Lekki different from Lekki?

Lekki phase 1 currently has a reputation as an area with some of the most expensive real estate assets in Lagos State with a plot selling for as much as 80-150million Naira. On the other hand Ibeju Lekki is still in its early stages of development.

Where exactly is Ibeju Lekki?

Lagos State
Ibeju-Lekki is a local government area of Lekki, Lagos State, Nigeria. The administrative centre was formerly at Akodo and was later moved to Igando Oloja due to the creation of the Lekki Council Development Area. The name of the Local government was derived from two autonomous communities, Ibeju and Lekki.

Is Lekki rich?

Lekki has emerged to be the abode of the nouveau riche. Apart from being expensive, Lekki is fast developing into the Beverly Hills of Lagos. It is home to Lagos corporate moguls, celebrities, and captain of industries.

What is the meaning of Lekki?

Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city’s southeast which ends at around the western edge of Refuge Island, adjoins the eastern part of …

How much Lekki toll Gate make in a day?

The Babatunde Fashola administration later initiated the construction of the Lekki Linkbridge. It is reported that the linkbridge generates about N10m daily, while the Admiralty Circle Toll Plaza alone which processes about 80,000 vehicles everyday generates some N16. 6m daily.

Who owns Lagos concession company?

Lagos State House of Assembly has granted the request of the State Governor, Mr. Babajide Sanwo-Olu for the conversion of the African Development Bank, AFDB loan Lekki Concession Company Limited, LCC, a privately owned organization, for the State Government to take full ownership of the company.

Is EPE a good place to live?

Epe. Epe is a Local Government Area located on the Northern side of the Lekki Lagoon, with a population of 181,409 people (2006), it is one of the best areas to reside in Lagos city. You may be skeptical about this one, but I assure you Epe is not the worst place to live in Nigeria.

Is Sangotedo part of Ibeju-Lekki?

Ibeju-Lekki is a large local government area, starting just after Sangotedo and extending all the way to Epe (see Google map).

Is Lekki a water logged?

Some areas in the Lekki axis are either waterlogged or generally in wet condition based on the particular location. There are also areas that are in proximity to the sea and are slightly above the sea level. Such areas are always at the receiving end during flooding.