Lekki–Epe Expressway
| Lekki–Epe Expressway | |
|---|---|
| Route information | |
| Length | 49.5 km (30.8 mi) |
| History | Completed 2011 |
| Major junctions | |
| West end | Lekki |
| East end | Epe |
| Location | |
| Country | Nigeria |
| States | Lagos |
| Major cities | Lagos, Lekki, Epe |
| 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. 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$85 million to help fund the upgrade and rehabilitation of the Lekki to Epe expressway in 2008, and it was based on Public-Private Partnership (PPP) under the Design, Build, Operate (DBOT), and Transfer and Rehabilitate, Operate (ROT) framework/business model.[5]
The Lekki Concession Company manages the toll road. [6]
References
- ^ "The Lekki-Epe expressway". Retrieved 19 January 2020.
- ^ "Lekki/Epe road concession-matters arising". 2 July 2009.
- ^ "The Lekki-Epe expressway". BusinessDay. 18 February 2019. Retrieved Feb 18, 2019.
- ^ "Lekki Toll Road Project - A Gateway to Nigeria's Economic Transformation". 2 May 2013.
- ^ "Nigeria: AfDB Approves US$ 85 Million for Lekki Toll Road Project". 4 March 2019.
- ^ Odunsi, Wale (2021-08-10). "Lagos assumes full ownership of Lekki Concession Company, Toll Gate". Daily Post. Lagos, Nigeria. Retrieved 2023-09-29.