Categories: BusinessNews

Lagos Terminates Multibillion-naira Kantagua Market Construction Contract

The Lagos State Government has terminated the contractual relationship with Bridgeway Global Project Limited on the development of the Kantagua Market.

The Special Adviser to the Lagos State Governor on e-GIS and Urban Development, Dr Olajide Babatunde, disclosed this during an inspection of the vast land area earmarked for the relocation of Ikeja Computer Village in the urban regeneration programme of the state government.

He explained that the contract with the Kantagua Market Project consultant, Bridgeway Global Project Limited, has since been terminated over two years ago due to non-performance of the contractor on the agreement reached with him and it is, therefore, illegal for him or his representatives to collect any fees or money from anyone in any disguise on the development of the market after termination of his contract.

Speaking on the fate of subscribers who had paid Bridgeway Global Project Limited for the allocation of shops in the market, Babatunde assured that everyone would be refunded.

The General Manager of the Lagos State Building Control Agency, Gbolahan Oki, while addressing the multitude of subscribers and sellers in the market, warned against any environmental infringement as well as blocking roads leading into the market.

He disclosed that some buildings and structures erected illegally in some parts of the market would give way for proper development

VOP Lagos

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