Lekki–Epe Expressway

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Lekki–Epe Expressway
Lekki-Epe Expressway Sandfill Bustop.jpg
Route information
Length49.5 km (30.8 mi)
HistoryCompleted 2011
Major junctions
West endLekki
East endEpe
Location
Major citiesLekki, Epe, Lagos
Highway system

The Lekki–Epe Expressway is a 49.5-kilometre (30.8 mi) expressway connecting the Lekki and Epe districts in Lagos State.[1][2] The Lekki-Epe expressway was first built in the 1980s and it was built during the Lateef Jakande's administration.[3] It is the second private toll project in Africa.[4] The road construction project was financed by the African Development Bank. The bank provided a loan of up to US$85 million to help finance the upgrade and rehabilitation of the Lekki to Epe expressway in 2008 and it was based on Public-Private Partnership (PPP) under the Design, Build, Operate (DBOT), and Transfer and Rehabilitate, Operate (ROT) framework/business model.[5]

The toll road is managed by the Lekki Concession Company.[citation needed]

References[]

  1. ^ "The Lekki-Epe expressway". Retrieved 19 January 2020.
  2. ^ "Lekki/Epe road concession-matters arising".
  3. ^ "The Lekki-Epe expressway". BusinessDay. Retrieved Feb 18, 2019.
  4. ^ "Lekki Toll Road Project - A Gateway to Nigeria's Economic Transformation".
  5. ^ "Nigeria: AfDB Approves US$ 85 Million for Lekki Toll Road Project".


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