The Federal Government has approved the construction of a new Carter Bridge in Lagos at an estimated cost of ₦359 billion, alongside an additional ₦134 billion for the upgrade of the 152-kilometre Kano–Katsina Road.
The two major infrastructure projects, valued at a combined ₦493 billion, were ratified by the Federal Executive Council (FEC) presided over by President Bola Tinubu on Wednesday, August 13, 2025.
Minister of Works, David Umahi, who briefed State House correspondents after the meeting, said the revision of the Kano–Katsina Road budget was necessary to address prevailing economic realities.
According to him, the project, originally divided into two sections by the previous administration, has seen multiple cost adjustments.
“Section One, covering 74.1 kilometres, was awarded in 2013 at ₦14 billion and later revised to ₦24 billion. It has now been updated to ₦68 billion. Section Two, spanning 79.5 kilometres, was awarded in 2019 for ₦29 billion, later increased to ₦46 billion, and has now been adjusted to ₦66.115 billion,” Umahi explained.
On the Carter Bridge, Umahi disclosed that underwater and structural assessments conducted between 2013 and 2019 revealed severe damage, prompting a recommendation for a complete rebuild.
“The cost of constructing a new Carter Bridge is estimated at about ₦359 billion, and discussions have been initiated with Deutsche Bank regarding potential funding,” he said.
FEC also approved the engagement of seven specialised contractors under the Engineering, Procurement, Construction, and Financing (EPCF) model. The firms will conduct detailed investigations, prepare designs, and manage the bidding process for the construction of the new Carter Bridge and the rehabilitation of the Third Mainland Bridge in Lagos.
