Nigeria - The Lekki Toll Road Project


Project Summary

Approval Date 18 Jun 2008
Signature Date 18 Sep 2008
Sovereign / Non-Sovereign Non Sovereign
Sector Transport
DAC Sector Code 21023
Commitment U.A 38,042,090.41
Status Completion

Project General Description

The Lekki Toll Road Project involves the development and widening of the existing 49.5km Lekki-Epe expressway and the installations of toll plazas. The Lekki-Epe expressway is the main link between Victoria Island in Lagos and Lekki peninsula. The project's total cost is estimated at about 44.91 billion Nigerian Naira (NGN). Its implementation will be conducted in two phases. In the first phase, Lekki Concession Company Ltd (LCC), which is responsible for the execution of the project, will carry out the civil engineering works for the construction of a new access ramp to direct traffic to Falomo bridge, new interchanges, footbridges, pedestrian crossings, bus stops along the expressway, and the construction of a 6 km section of the 20 km long new coastal road. It will also build ten linkages between the expressway and the coastal road, in addition to constructing three toll stations. The second phase of the project implementation will focus on the construction of the remaining 14 km stretch of the coastal road. The completion of the toll road construction should reduce road delays while improving road safety and safety, and reduce the cost of operating vehicles for road users, create jobs and provide a well maintained transport infrastructure.

Project Objectives

The sectoral goal of the project is to increase efficiency in the transport sector in Nigeria through private sector participation. The project’s goal is to alleviate congestion and improve road safety along the Lekki corridor. This will in turn lead to an improvement in air quality since emissions will be significantly reduced.

Beneficiaries

The main beneficiaries of the project are road users of Nigeria and non-skilled local residents during construction.

Participating Organization

Funding
African Development Bank

Information

IATI identifier 46002-P-NG-DB0-008
Last Update 02 Dec 2022

Export

Contact Details

Email private-sector@afdb.org

Geographic Location

Country Nigeria
Coordinates Location Name
6.40948 4.09152 Lekki