Lagos seeks private investors for Fourth Mainland Bridge as funding pressure mounts

Lagos State says it cannot finance the proposed Fourth Mainland Bridge alongside major rail projects from public funds alone and is seeking private investors to deliver the project through a public-private partnership. The Lagos State Government says the proposed Fourth Mainland Bridge will be developed through a public-private partnership because the state cannot fund the multibillion-naira project alongside...

• Lagos State says it cannot finance the proposed Fourth Mainland Bridge alongside major rail projects from public funds alone and is seeking private investors to deliver the project through a public-private partnership.
• The Lagos State Government says the proposed Fourth Mainland Bridge will be developed through a public-private partnership because the state cannot fund the multibillion-naira project alongside its major rail investments from its own resources.
• Deputy Governor Obafemi Hamzat disclosed this during an interview on Lagos Television on Tuesday, October 20, 2026.Hamzat said the bridge has already been designed and its cost assessed, while discussions are ongoing with prospective investors.