Dangote others jostle lagos road contracts
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Dangote, Others Jostle for Lagos Road Contracts
The Lagos State Government has received numerous bids from prominent construction companies, including Dangote Group, for the construction of several road projects in the state. The projects, which are valued at over N100 billion, include the reconstruction of the Apapa-Oshodi-Ojota-Oworonshoki Expressway, the Lagos-Badagry Expressway, and the reconstruction of the Agege-Pen Cinema Bridge.
Who's in the running?
Some of the notable companies that have submitted bids for the contracts include:
- Dangote Group: The conglomerate, led by Aliko Dangote, has a strong presence in the construction industry and has been involved in several high-profile projects in Nigeria.
- Julius Berger Nigeria Plc: A leading construction company in Nigeria, Julius Berger has a long history of delivering large-scale infrastructure projects in the country.
- China Civil Engineering Construction Corporation (CCECC): A Chinese construction company with a significant presence in Africa, CCECC has been involved in several major infrastructure projects in Nigeria.
- Saipem Nigeria Limited: An Italian construction company, Saipem has a strong presence in Nigeria and has been involved in several oil and gas projects in the country.
- South Atlantic Petroleum (SAPETRO) Limited: A Nigerian oil and gas company, SAPETRO has also submitted a bid for the road contracts.
What's at stake?
The contracts are highly coveted, as they offer a significant opportunity for the winning companies to demonstrate their capabilities and expertise in the construction industry. The projects are also expected to have a significant impact on the economy of Lagos State, as they will improve the state's infrastructure and enhance the quality of life for its residents.
What's next?
The Lagos State Government is expected to evaluate the bids and select the winning companies in the coming weeks. The selected companies will then be responsible for delivering the projects, which are expected to be completed within a specified timeframe.