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

  • Road and bridge upgrades improving transport in Nepal
    November 1, 2019
    New road and bridge upgrades are being introduced in Nepal that will help improve transport and develop the country’s economy.
    Read More
  • Chile highway construction works planned
    May 12, 2017
    The Chilean Government is planning a series of major highway projects with the Ministry of Public Works (MOP) managing the works. The plans call for 14 concessions worth a total of US$3.74 billion to be awarded by January 2018. The second stage of Americo Vespucio Oriente highway (AVO 2) is costing $800 million and is a priority project. This has been delayed already and opening of the route is now expected for 2022. Five regional highways are also opening for tender, including the Ruta G-21 road link, whic
    Read More
  • Philippines bridge project – funding secured
    June 23, 2022
    Funding has been secured for a bridge project in the Philippines.
    Read More
  • Key road links being built in Algeria
    April 12, 2013
    In Algeria, a series of road projects are underway, as well as in neighbouring Tunisia. A key development in Tunisia is that work is ongoing for an 80km stretch of highway that will connect with Algeria’s East-West Highway. This will further elevate the importance of the East-West highway in Algeria as it already connects with new links in Morocco. The new section in Tunisia will be the next step in this northern route providing connectivity right across North Africa. When the entire 5,600km route is comple
    Read More

Highlighted Content