The Federal Ministry of Works and Housing says it has concluded plans on the construction of ten major high ways in the country.
The Minister Mr Babatunde Fashola disclosed this during a webinar meeting with stakeholders on the project titled; Highway Development and Management Initiative, HDMI.
According to Mr Fashola, the project was anchored on a private sector engagement, with the aim of creating avenue to raise more fund.
He explained that the first phase of the project would attract a total budget estimate of N163.32bn, at a cost of N16bn per road.
The Minister who listed the highways to include; Abuja-Lokoja, Abuja- Keffi, Kaduna-Kano-Akwanga, Kano- Maiduguri, Onitsha-Owerri-Aba, Shagamu-Benin among others, said on completion of the roads, would address overloading of Heavyweight trucks, create possible entrepreneurship, as well as provide direct and indirect job opportunities for Nigerians.
“What this initiative seeks to achieve is to bring order, accountability and profitable entrepreneurship to the
operation and maintenance of our highways.
What we have done now is to identify 10 (TEN) highways
representing about 2,225 km and 6.4% of our 35,000km
Federal Highway Network as a pilot first phase of the
“On each road, we see opportunities for:
Erection of gantries and directional signage all of
which our ministry has designed, standardized and
Mr Fashola however noted that the investors were expected to provide Toll Plazas, Weigh bridge stations and street lights.
Present at the meeting were the Minister of Transportation Mr Rotimi Amaechi, Minister of Finance, Budget and National Planning Mrs Zainab Ahmed, and other stakeholders, who delivered their goodwill messages with the promise to ensure the successful completion of the project