US$3.15 billion for upgrading Nigeria roads

A budget of US$3.15 billion will be used for upgrading Nigerian roads.
Maintenance / August 12, 2024 25 seconds Read
By MJ Woof
The road linking Abeokuta with Iboro and Ilaro will be one of those to benefit from road upgrades – image courtesy of © Wirestock| Dreamstime.com

Nigeria’s Federal Executive Council (FEC) has plans to carry out US$3.15 billion worth of road improvement works across 13 states. Maintenance and improvement works will be carried out as well as resurfacing.  

One of the roads to benefit from improvements will be the route linking Abeokuta with Iboro and Ilaro in Ogun State. Two stretches of the road connecting Maiduguri with Mubu will also benefit from improvements.

This latest development for Nigeria’s road network follows funding worth $1.44 billion being made available from the African Development Bank (AfDB) to help pay for transport infrastructure works in the country. The AfDB funding has been targeted at major projects such as the highway linking Sokoto with Badagry and the coastal highway connecting the country’s former capitals, Lagos and Calabar. 

For more information on companies in this article
catfish1