Business
2025 Budget: Lagos Govt Allocates Funds for Urban Renewal, Fourth Mainland Bridge Progress
The Lagos State Government has earmarked funds for urban renewal and technical studies of the highly anticipated Fourth Mainland Bridge as part of its 2025 budget.
This was revealed by the Lagos State Commissioner for Economic Planning and Budget, Mr. Ope George, during the Budget Analysis Press Conference in Alausa, Ikeja. He emphasized that these projects are key components of the government’s infrastructure development agenda for the year.
According to a statement from the Office of the Special Adviser to the Governor (Media and Publicity), the 37km Fourth Mainland Bridge is one of several major infrastructure projects planned for 2025. Others include:
- Completion of Abule Egba and Ajah Bus Terminals (Bus Reform Initiative, BRI)
- Construction of Iyana-Ipaja Bus Terminal
- Development of the Opebi Link Bridge to Maryland, aimed at reducing travel time and providing alternative routes
- Upgrading the Eti-Osa Lekki-Epe Expressway (Phase II), from Eleko T-Junction to Abraham Adesanya
- Construction of the Lekki-Epe Airport Road and Omu Creek Road
George reiterated that the 2025 Lagos budget prioritizes sustainable infrastructure, including roads, bridges, rail, and water transport, reinforcing the government’s commitment to long-term urban development.
Fourth Mainland Bridge: A Step Closer to Reality?
Lagos State has conducted multiple feasibility studies on the long-awaited Fourth Mainland Bridge. In January 2024, Governor Babajide Sanwo-Olu announced that construction was expected to begin by March or April, with compensation plans in place for affected landlords and tenants.
The bridge, spanning five local government areas—Eti-Osa, Ibeju Lekki, Ikorodu, Kosofe, and Obafemi Owode (Ogun State)—is designed to alleviate congestion on the Third Mainland Bridge and Eko Bridge.
While Lagos signed an MoU with Summa Group, specific construction timelines remain unclear. As of February 2025, construction has yet to commence. The 2024 Lagos State Transport Policy identifies finalizing contracts and construction arrangements for the bridge as a key priority, with a projected timeline of two years from policy implementation.
Once completed, the Fourth Mainland Bridge will significantly reduce travel time between Lekki Peninsula/Victoria Island and Ikorodu, easing traffic congestion across Lagos.