NAIRA METRICS
The Federal Government has assured that the proposed Lagos-Abuja super highway will be completed within 4 years.
This was made known by the Minister of Works, David Umahi, during a press conference on Saturday, September 23, 2023.
Umahi noted that driving from Lagos to Abuja will take 4 hours on the highway upon its completion.
He said the road will be made solely with concrete, adding that it is cheaper than asphalt.
To be built at no cost to FG
At the press conference in Lagos, Umahi, flanked by Kenny Martins, the chairman of Advance Engineering Company – consortium in charge of the highway – said the project, a Public Private Partnership (PPP), would be solely funded by the consortium in charge.
He added that the federal government would only be in charge of supervision.
Minister of Works, David Umahi told journalists in Lagos that the road will be built by a private sector consortium at no cost to the government.
The consortium will operate the facility for a yet-to-be-determined period on a build, operate and transfer deal, he said, adding that it will be tolled at different points to enable the investors to recoup their investment…
