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Excitement as FG, Lagos Reopen Eko Bridge After 15 Months
By Adedapo Adesanya
Lagosians can expect some form of ease as the federal government, in collaboration with Lagos State Government on Saturday, reopened the Eko Bridge, as promised, after 15 months of closure due to rehabilitation work.
The bridge, which is one of the three bridges linking the mainland to the Island of Lagos, had been severely damaged at the Apogbon section during a fire caused by illegal traders under it, and this prompted the closure for repair.
However, the closure created headaches for commuters in the commercial capital. Now, the bridge’s reopening will bring huge relief for motorists and commuters who endured months of pain transiting in and out of Lagos Island.
Governor Babajide Sanwo-Olu, who was joined by the Federal Comptroller of Works, Mrs Olukorede Keisha, apologised for the delay in getting the bridge back to use, stressing that it would be risky to reopen the bridge without proper reconstruction of the damaged section.
He noted that the repair at the Apogbon axis had been completed but added that maintenance work would continue on the infrastructure, which would lead to intermittent closures in the coming months.
“It is with great delight to announce that we have carried out comprehensive tests with the contractor from the Federal Ministry of Works. We believe that the Apogbon section of the Eko Bridge can now be opened for motorists. But the maintenance work on the entire bridge has not been completed. There are lots of bearings that still need to be reinforced along the entire stretch of the infrastructure.
“In the future, there will be more intermittent closures at different sections of the bridge, but the period may not be longer than one or two weeks. This is necessary for us to jerk up the bridge and complete the maintenance work. We are reopening the bridge to bring relief to road users, who have endured hardship due to the repair work,” Mr Sanwo-Olu stated.
The governor said the contractor handling the work would also be reconstructing ancillary roads along the corridor to prevent further misuse of the bridge.
Mr Sanwo-Olu warned that continuous trading activities under the bridge would no longer be permitted to prevent further damage to the flyover.
The Governor issued a seven-day ultimatum to all traders and illegal squatters to remove their belongings and vacate the space under the Eko Bridge.
He directed the Lagos State Environmental and Special Offences Enforcement Unit (Taskforce) to clear any illegal structure found under the bridge after the ultimatum.
“We are using this medium to warn those trading under the bridge that we will not tolerate any form of illegal activities under this bridge and other bridges in the State. The bridges are important assets to the State, and we cannot fold our arms and allow a few people to destroy them.
“We have seen the effect which the destruction of Eko Bridge caused the entire city. We cannot afford to have these bridges shut down again because of illegal activities. We will clear all squatters from Ijora Olopa to Costain, and there will be zero tolerance for market activity under the bridge.”
On her part, Mrs Keisha commended the Lagos State Government for collaborating with the Federal Ministry of Works to hasten up the repair work on the bridge, noting that the reopening of the bridge was made possible because of the intervention of the State Government.
She said comprehensive maintenance work had already started on Eko Bridge before the fire incident happened, which made the contractor abandon the work to focus on the damaged sections.
Having repaired the parts damaged by the fire, Mrs Keisha also said the contractor would continue the maintenance work to reinforce the bridge for public safety.
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Lagos Wants Fewer Cars on Roads to Drive Growth
By Adedapo Adesanya
The Lagos State Government has reiterated its commitment to creating an eco-friendly state with fewer cars on the roads in the future.
The Lagos State Commissioner for Transportation, Mr Oluwaseun Osiyemi, said this during a presentation at the closing of the fifth Lagos Real Estate Marketplace Conference and Exhibitions in Lagos.
Mr Osiyemi said that the commitment is in line with the T.H.E.M.E.S Agenda of Mr Babajide Sanwo-Olu’s led administration, expressing concerns that traffic congestion costs the state trillions of Naira in budget deficits annually.
The transportation commissioner noted that the heavy reliance on road transportation, which accounts for 90 per cent of travel in Lagos, is unacceptable and unsustainable.
The Commissioner stated that water and rail transportation account for only two per cent of the means of transportation, highlighting their gross underutilisation.
Mr Osiyemi emphasised that every sector in the state must be robust enough to contribute significantly to the wellbeing of its residents, as Lagos accounts for 30 per cent of the nation’s gross domestic product.
He expressed the state’s readiness to maximise the use of intermodal transportation system, to help upscale socio-economic activities in the metropolis and reduce man-hour loss to traffic.
In a panel discussion, the Special Adviser to Governor Sanwo-Olu on Climate Change and Circular Economy, Ms Titilayo Oshodi, emphasised the need for the state and its stakeholders to adopt a purposeful approach to waste management.
Ms Oshodi highlighted the importance of a circular economy in recycling, repurposing and reusing waste effectively.
She noted that several policies were already in place in the state for managing waste, urging producers and manufacturers across various sectors to collaborate with the state government to contribute to carbon reduction efforts.
Other panellists including Ms Stella Okengwu, Chief Executive Officer of Winhomes, said that the current economic situation calls for housing to be built based on clear demand that aligns with people’s budgets while Mr John Oamen, Co-founder of Cutstruct, urged the state government to promote the digitisation of construction procurement.
This, he added, would enhance the efficiency and practices of the construction and real estate sectors.
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Heirs to Introduce Low-Cost Motor Insurance
By Modupe Gbadeyanka
There are plans by Heirs Insurance to introduce insurance products tailored for vehicle owners, a statement from the underwriting firm has disclosed.
According to the subsidiary of Heirs Holdings, this low-cost motor insurance package known as the Flexi Comprehensive Motor Insurance Plan will provide the benefit of a comprehensive motor insurance plan for a fraction of the cost, addressing the financial realities many Nigerians face.
The underwriting company announced the plan to introduce this package as it launched a new campaign designed to reward its customers.
This initiative themed Unwrapping Smiles will bring hope to individuals, families, and communities this holiday season, and will run from December 10 to December 31, 2024.
It will feature community-focused outreaches, including Christmas gifts and exciting rewards to put smiles on the faces of Nigerians. It will also include the launch of a holiday-watch web film known as The Underwriters for all Nigerians to enjoy.
“At Heirs Insurance Group, we are committed to providing much more than insurance. In a season when many Nigerians seek hope and reasons to smile, we are proud to offer initiatives that inspire and uplift,” the Chief Marketing Officer of Heirs Insurance, Ms Ifesinachi Okpagu, said.
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FG Claims Investments in Presidential CNG Initiative Now $450m
By Adedapo Adesanya
Nigeria’s Presidential Compressed Natural Gas Initiative (PCNGi) claims that investments in championing the CNG value chain have hit $450 million.
This was disclosed by Mr Michael Oluwagbemi, Project Director and Chief Executive Officer (CEO), PCNGi, during the 9th Edition of the Nigeria Energy Forum (NEF2024) Day 2, Virtual Event themed Energising Sustainable Industrialisation.
According to the PCNGi CEO, the amount goes into things like mother stations, daughter stations and refuelling stations as well as conversion centres which are starting to spring up across the nation.
Mr Oluwagbemi, represented by Mr Tosin Coker, the Head of Commercial, PCNGi, said the initiative had successfully converted more than 10,000 vehicles from petrol to CNG.
“By 2027, the initiative will have converted more than one million vehicles using petrol to CNG,” he said.
On incidents of explosion of vehicles using CNG, the CEO assured Nigerians that it had taken precautionary measures with different agencies of government to ensure safety.
Mrs Ibironke Olubamise, National Coordinator of the GEF Small Grants Programme (SGP), managed by UNDP, said the SGP was investing in youth energy innovation for economic growth and environmental sustainability.
Mr Daniel Adeuyi, NEF Group Chairman, said, “The event featured three super sessions on Energising Industrial Revolution, Community Climate Action by GEF-SGP UNDP and Clean Energy Innovations.
“The sessions are to share lessons learnt from real-life projects and build capacity of young entrepreneurs and cross-industry professionals.”
Mr Joseph Osanipin, the Director General of the National Automotive Design and Development Council (NADDC), said that the council had trained more than 4,000 auto technicians on how to convert petrol vehicles to CNG.
He said the council had started campaigns to sensitise Nigerians on the advantages of using CNG to power their vehicles.
“CNG can guarantee a cleaner environment, it is cheaper and affordable,” he said.
Mr Oluwatobi Ajayi, the Chairman and Managing Director of Nord Automobile Ltd., said the company was established to tackle the growing demand for vehicles in Africa and reduce import dependency.
He said that because of the Federal Government’s CNG initiative, the company had incorporated it into their vehicle production to meet up with the government policy.
Mr Armstrong Tankan, the Managing Director and Chief Executive Officer, Ministry of Finance Incorporated (MOFI), said that MOFI was set up in 1959 as the statutory vehicle to hold all the assets owned by the federal government.
“Today, we’ve been able to identify the assets the federal government owns and we are trying to track them.
‘We actually do have assets, not just locally but globally as well and we must establish visibility over what the federal government owns before we can start talking about managing them.
“So, we want to try to minimise the waste, minimise the overlaps and help to improve output,” he said.
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