$100 million for Nigeria’s coastal highway

A $100 million funding package is destined for Nigeria’s coastal highway.
By MJ Woof July 15, 2025 Read time: 1 min
Nigeria’s new coastal highway project will improve transport from the country’s financial centre, Lagos to the east of the country – image courtesy of © Joshua Wanyama| Dreamstime.com


A funding package worth $100 million is being provided by the ECOWAS Bank for Investment and Development (EBID) for Nigeria’s coastal highway project. The highway will provide an improved transport link between Lagos in the South-West of the country and Calabar in Nigeria’s South-East.

The two cities are 570km apart by road in the south of the country and at present, the journey between them takes around 12 hours. However, the new highway will cut the journey time and boost capacity on the route. 

Lagos is close to Nigeria’s border with Benin while Calabar is close to the country’s border with Cameroon. This new highway project will also boost Nigeria’s international transport, especially with the development of the new route connecting Lagos with Ivory Coast’s capital Abidjan, as well as improvements to major highways in Cameroon.

The coastal highway project is expected to cost up to $10 billion in total to complete. 
 


 

Finance & Funding

For more information on companies in this article

Related Content

  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
    Read More
  • Lower Thames Crossing gets green light
    March 26, 2025
    The 14.5-mile project near London will include a 2.6-mile tunnel under the Thames River and come at a cost of around £8.3 billion.
    Read More
  • Tunisia is benefiting from key highway expansion
    November 28, 2012
    Work is underway in Tunisia on the westbound Highway from capital Tunis towards the Algerian border. This 60km link will run from the town of Oued Zarga to Boussalem and the work is being carried out by Italian contractor Todini and local company Soroubat. The bidding process for the 100km highway from Gabes to Medenine is now being opened, while bidding for the 92km road from Medenine to the Libyan border outpost of Ras Jedir opened in October 2012. Bids for the construction of the 61km of peripheral roads
    Read More
  • Norway moves toward more E39 coastal road improvements
    April 4, 2019
    Norway is working on plans to make more of the major north-south E39 coastal route a ferry-free highway, coasting €35.3 billion, according to media. In Norway, the trans-European route 39 is part national road system and is developed and maintained by the public roads administration. It runs for 1,330km along the coast from Klett just south of Trondheim to Nørresundby. Norway’s E39 is mostly a two-lane undivided road with only relatively short sections near Stavanger, Trondheim and Bergen being motorw
    Read More

Highlighted Content