BUSINESS-VIDEOS
July 23, 2013
Nigerian Roads and Transformation Agenda:Lagos-Ibadan Expressway in Focus
Road network and Infrastructure is a critical element to the socio-economic transformation of Nations. Developed nations like U.S, U.K,France and South Africa have sophisticated road network Infrastructure. Nigeria an emerging economic power is also determined to develop its infrastructure to reposition itself as a major player in the global affairs. One of the Symbols of its infrastructure Lagos-Ibadan expressway is in a deplorable state. Constructed in 1978, the road has experienced various carnage, traffic gridlock and accidents due to neglect. Re-awarded in 2009 to Bi-courtney, the non-performance of the company led to the contract termination and the recent flag off and engagement of Julius Berger and Reynolds construction companies. Will this new engagement with a timeline of 48 months be completed? or will it become another political quagmire?.
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