Funding secured for Nigerian infrastructure projects

Funding worth US$1.3 billion has been secured to pay for five key Nigerian infrastructure projects. The funding is being provided by the Nigerian Government, with the current administration pledging to complete its planned development programme. Road links covered under this funding allocation include work to upgrade the Lagos-Ibadan Expressway, the Abuja – Kano Expressway, the East – West Road and the Second Niger Bridge. The other major infrastructure project included in this tranche meanwhile is for the
September 6, 2018 Read time: 1 min

Funding worth US$1.3 billion has been secured to pay for five key Nigerian infrastructure projects. The funding is being provided by the Nigerian Government, with the current administration pledging to complete its planned development programme. Road links covered under this funding allocation include work to upgrade the Lagos-Ibadan Expressway, the Abuja – Kano Expressway, the East – West Road and the Second Niger Bridge. The other major infrastructure project included in this tranche meanwhile is for the Mambilla Hydropower development. Works to the Oyo – Ogbomosho and Enugu – Port Harcourt road links are already ongoing.

Finance & Funding

Related Content

  • Key projects planned for the Philippines
    July 7, 2021
    A series of key infrastructure projects are planned for the Philippines.
    Read More
  • Philippines bridge project funding secured
    November 12, 2021
    Funding has been secured for a key bridge project in the Philippines.
    Read More
  • Sri Lanka highway secures Japanese funding
    September 28, 2017
    A funding package from Japan will help pay for the third stage of Sri Lanka’s key Central Expressway project. The third phase of the Central Expressway project will be constructed by the Japanese firm, Taisei Corporation, with the work taking five years to complete. Financing worth US$883 million is being provided by the Japanese Government for the project. This third stage of the Central Expressway will stretch 32.5km and will connect Pothuhera with Galagedara.
    Read More
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More

Highlighted Content