Ahead of selecting a contractor for the multi-billion-naira Fourth Mainland Bridge project, the corridor has become a beehive of activities with estate agents reporting increased property transactions. The Guardian gathered that the $25.6 billion project is attracting property investors and private developers in the axis, which made property values to rise. The proposed project, it was learnt would also allow for direct access from the large suburb of Ikorodu to the Island and the Lekki Free Trade Zone area. “They would continue to command increased and high land or property values as the Fourth Mainland Bridge project progresses. Also, apart from the proposed Fourth Mainland Bridge, population has gone up in the Ajah axis and property values have gone up too,” Bamgbola said.

Source: The Guardian July 12, 2021 01:52 UTC