Lagos-Abidjan highway construction to proceed as FG signs financial agreement

The Minister of Power, Works and Housing, Babatunde Fashola, Wednesday revealed that the Federal Government had signed financial agreement for the execution of the Lagos-Abidjan highway project.

Olusegun Ogunkayode, a senior information officer in the ministry disclosed this in a statement in Abuja.

The statement quoted Fashola as making the disclosure at the nineth Steering Committee and Experts Meeting of the Lagos-Abidjan Corridor Highway Development Programme.

He noted that the signing of the financial agreement was a demonstration of the Federal Government’s commitment to the realisation of the project.

Read also: World Bank praises Buhari’s leadership for Nigeria’s improved Ease of Doing Business ranking

The minister said that road development was crucial to the economic growth of nations, adding that the meeting was important considering the need for West African countries to join the league of developed nations.

According to him, West African countries must emulate South American and Asia countries, who have used road development to boost their economies.

Fashola said that the Lagos-Abidjan corridor would propel rapid integration of the region, boost commercial activities, improve social development, create employment windows and reduce social vices among member states.

 

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