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April 5, 2021

Nigeria invests billions in new infrastructure drive

Dianna Games
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PIUS UTOMI EKPEI /AFP PIUS UTOMI EKPEI /AFP

Nigeria has multibillion dollar plans to address its entrenched infrastructure deficit, with megaprojects across the country in various stages of development seeing a new influx of capital.

Rail, road and airport projects stretching across Nigeria are either well advanced, recently signed off or just breaking ground in the wake of an infrastructure drive by the administration of President Muhammadu Buhari.

The government is not only focusing on new infrastructure but on the rehabilitation of existing assets and the completion of longstanding projects that have failed to gain traction under previous governments, including the infamous 3,050 MW Mambilla hydropower project, stalled for more than 40 years despite significant budgetary allocations for it over decades.

Read more here:
https://african.business/2021/04/technology-information/nigeria-invests-billions-in-new-infrastructure-drive/

 

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