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President Bola Ahmed Tinubu has approved the sum of ₦787.14 billion and $651.7 million for the execution of critical road infrastructure projects across 13 states of the federation…CONTINUE FULL READING>>>>>
The approval was granted during the latest Federal Executive Council (FEC) meeting, as disclosed by the Minister of Works, Dave Umahi.
Among the projects is the dualization of a 15-kilometre stretch of the Akure-Ekiti road in Ondo State, now revised to ₦19.4 billion.
In the northwest, a major reconfiguration was announced for the Sokoto-Zamfara-Katsina-Kaduna corridor, originally 375km, now rescoped to 82.4km, with the inclusion of six major bridges, retaining the cost at ₦105 billion.
In Borno State, ₦21 billion was earmarked for the construction of a 30km section of the 105km Maiduguri-Monguno road, with additional phases to follow.
Ebonyi State secured ₦25 billion for the construction of the Abakaliki-Afikpo Flyover.
Ogun State will benefit from the reconstruction of the Ikoga and Atan-Alapoti-Ado-Odo roads, budgeted at ₦37 billion.
Meanwhile, the redesign of the Enugu-Onitsha expressway, spanning 77km and co-funded by telecom giant MTN, has been approved at the cost of ₦150 billion.
One of the largest allocations, ₦187 billion, is for completing the final 96km of the Benin-Shagamu-Ore road, a critical link for the Southwest.
Another flagship project is the 7th Axial Road within the Lekki corridor, covering 50km with 5km of bridges. This will be funded through a $651.7 million loan from China Exim Bank and is expected to enhance access to the Lekki Deep Seaport and the Dangote refinery complex.
Additional approvals include ₦30.2 billion for the Aba-Ikot-Ekpene road, ₦176.5 billion for shoreline protection at Ebute-Ero and Outer Marina in Lagos, and ₦9.3 billion for the initial phase of refurbishing the Cham-Numan road in Adamawa State.
According to Umahi, the projects reflect a blend of public-private partnerships and international financing, geared toward overhauling Nigeria’s transport network, boosting connectivity, and accelerating economic growth…CONTINUE FULL READING>>>>>
