Skip to main content

Two new Nigerian road projects

Two important new Nigerian road projects are being planned.
By MJ Woof August 6, 2020 Read time: 1 min
Nigeria’s Oyo State is working on new road connections - image © courtesy of Rosevite2000, Dreamstime.com

Two important new road projects are being planned in Nigeria’s Oyo State. One of the projects is for the Ibadan Circular Ring Road. The other is for the 50km road that will link Iseyin with Ogbomoso.

Funding is being sought to pay for the two road projects. The necessary financing is being secured from a number of sources by the Oyo State Executive Council (SEC).

In excess of US$275 million will be required to pay for these road works, as well as works to improve other transport infrastructure such as Ibadan Airport and Ibadan Dry Port.

Related Content

  • Argentina road funding for major projects
    May 31, 2019
    Argentina is looking to source a series of loans to pay for six important road projects. The Inter-American Development Bank (IADB) is in discussions with officials in the country over the loans package, worth a total of US$200 million. The funding would be used for six PPP road projects. Other financing worth $900 million is also being secured for the six road projects, with some of the construction work already underway.
  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
  • Ivory Coast tunnel project
    March 30, 2022
    BESIX is working on an Ivory Coast tunnel project.
  • A new road plan benefiting DR Congo
    December 16, 2021
    A new road plan will benefit the Democratic Republic of Congo.