The Niger Delta Development Commission (NDDC), and the Ondo state government on Wednesday signed a Memorandum of Understanding for the construction of the 50km Akodo-Araromi/Ibeju-Lekki roads to link Ondo and Lagos states.
The MOU was signed on Wednesday afternoon at the Ondo State Government House, Alagbaka, Akure by Governor Rotimi Akeredolu and NDDC Managing Director and Chairman, Nsima Ekere and Victor Ndoma Egba respectively.
Confirming the landmark agreement, Ekere said: “We just signed an MOU on the construction of the 50km Akodo-Araromi/Ibeju Lekki road. NDDC and Ondo State are partners in this project.”
Speaking in the same vein, Governor Akeredolu enthused that the event marked a major step towards “Ondo development”.
The governor added that, “This route unlocks our state’s potential; our beautiful beaches, our free trade zones, cementing us as the hub of investment opportunities.”
The road is expected to shorten the travel time from parts of Lagos state to some coastal communities in Ondo, as well as some south south and South easthern states. And according to a reliable source, over 5 billion Naira would be needed in completion of the project.
However, there wouldn’t be any delay of the project since it will be linking the City to access the Free Trade Zone easily, and as it stands as an opportunity to create a fast-track developmental growth for Ondo State.