AfDB secures $15.6bn investment for construction of Lagos-Abidjan highway | The Guardian Nigeria News - Nigeria and World News

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Dr Akinwumi Adesina, the president, African Development Bank (AfDB), says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway.

Adesina tweeted this on his Twitter handle @akin_adesina obtained by the News Agency of Nigeria on Friday in Abuja.

NAN reports that the Lagos-Abidjan highway interconnects the capital cities of five Western African States, covering approximately 1,028 km and eight border crossings.The Abidjan-Lagos Corridor is a flagship project of the Programme for Infrastructure Development in Africa . In a statement issued by AfDB recently said the Abidjan Lagos project is a key regional trade and transport corridor that interconnects some of the largest and most economically dynamic cities in Africa, Abidjan, Accra, Cotonou, Lomé and Lagos.

“The transport sector in West Africa plays a key role in the economic development of the region and generates about five to eight per cent of its Gross Domestic Product .

 

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Lagos is now well affluent why not other state,,,There is too much centralization of economic activities in Lagos

How relevant is this project to the plight of the ordinary man on the streets in Nigeria? misplacedpriorities

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