A whopping sum of $15 billion has been approved for the
\nLagos-Abidjan corridor highway development project design by the Economic Community of West African States (ECOWAS).
\nThis approval was made during the 21st ministerial steering committee meeting in Lagos, chaired by Nigeria\u2019s Minister of Works, Dave Umahi and
\nit aimed at deepening regional economic integration.<\/p>\n
Speaking about the progress of the project, Umahi highlighted that the Lagos-Abidjan highway initiative, which began in 2013, has received substantial funding from the African Development Bank (AfDB).<\/p>\n
According to him, over the past 11 years, various phases of the project, including design, environmental impact assessments, and funding mechanisms, have been actively developed. The approvals of the highway\u2019s design marks a critical step toward moving the project into the procurement stage.<\/p>\n
In his words: \u201cThe design of the project, ESIA design, conceptualisation, and funding mechanisms have been on in the past 11 years. As of today, we are going to listen to the committee of experts in terms of the design, and we believe that we will finalise and approve the design today. Then, we set the goal for procurement, probably in our next meeting.\u201d<\/p>\n
Ghana\u2019s minister of Roads and Highways, Francis Boakye underscored the vital role of infrastructure, particularly roads, in driving socio-economic growth.<\/p>\n
Boakye emphasised that well-developed highways can boost trade, tourism, and economic activities, drawing parallels with the United States\u2019 economic boom and its reliance on a strong highway network.<\/p>\n
Boakye also highlighted the strategic importance of the Lagos-Abidjan highway project in advancing West Africa\u2019s regional economic integration, noting Ghana\u2019s active participation as a sign of its commitment to fostering regional connectivity.<\/p>\n
Once completed, the Lagos-Abidjan highway is expected to enhance trade, transportation, and regional collaboration across West African nations, benefiting millions of people and facilitating sustainable economic development.<\/p>\n","protected":false},"excerpt":{"rendered":"
A whopping sum of $15 billion has been approved for the Lagos-Abidjan corridor highway development project design by the Economic Community of West African States (ECOWAS). This approval was made during the 21st ministerial steering committee meeting in Lagos, chaired by Nigeria\u2019s Minister of Works, Dave Umahi and it aimed at deepening regional economic integration. […]<\/p>\n","protected":false},"author":2,"featured_media":6365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"_links":{"self":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/6364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/comments?post=6364"}],"version-history":[{"count":1,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/6364\/revisions"}],"predecessor-version":[{"id":6366,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/6364\/revisions\/6366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/media\/6365"}],"wp:attachment":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/media?parent=6364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/categories?post=6364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/tags?post=6364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}