Introduction to the Abuja-Lagos Super Highway Project
A politician and former National Coordinator, Police Equipment Fund, Chief Kenny Martins, has applauded President Bola Tinubu’s vision and commitment to building the economy through infrastructure development. Martins, Chairman, AEC Unity Network Ltd., lead promoter of the Abuja-Lagos Super Highway and High-Speed Train project, spoke with newsmen on Tuesday in Lagos.
Project Overview
The chairman of the company said that the firm, with a number of investors, was prepared to go to site for the proposed 470- kilometre Abuja-Lagos Greenfield super highway, expected to be completed in four years at five billion dollars. According to him, all the consortium is waiting for is the final approval by the Federal Executive Council for the ground breaking of the legacy project.
Appreciation for Government Support
“We express the appreciation of our company to the infrastructure-friendly disposition of President Bola Tinubu and his government. This is exemplified by the several mind- boggling essential infrastructure projects going on simultaneously in every state of the federation as well as the Federal Capital Territory, Abuja. Barely five to six weeks when this government took over, the Minister of Works, Sen. David Umahi, took this project to the President, that we have a 470- km Super Highway that is being proposed by a group of individuals, and he graciously approved it .
Project Timeline and Funding
Since then, we have been crossing the T’s and dotting I’s. This still remains one major project in Nigeria awaiting FEC approval for take off. We are confident of FEC approval very soon and happy to announce that we are good to go with this project. We expect that the approval will come, we have the commitment of the Minister on Works on this. In a very short while, Nigerians should be expecting the cutting of the tapes for the flag off of the project,” Martins said.
Consortium and Stakeholders
The chairman listed the stakeholders to include the UBA Plc, Associated Engineering Consultants, China Harbour Engineering Company (CHEC), United Capital Plc, FutureView Financial Services Ltd, Olanihun Ajayi LP, G. Elias.and First Global Commerce Solution Limited. Speaking, a Legal Consultant and Senior Advocate of Nigeria Mr Dipo Okpeseyi, also commended Tinubu’s infrastructure drive. Also, Mr Ebele Ogbue, the UBA Plc Group Head, Special Project, who described the proposed project as strategic , noted that the bank had been in support of infrastructure projects in the country to address logistics challenges .
Benefits of the Project
The super highway will also facilitate easier and cheaper means of commuting by road between the two great cities to the glory of God and the benefit of our countrymen and women. The superhighway will be strategic in several ways, because it will not only open up the villages through which the super highway will pass, it will also provide a much more convenient alternative for those who are only travelling to any of the states through which the super highway passes. These states include, Lagos, Ogun, Oyo, Osun, Ekiti, Kwara, kogi, Niger and FCT.
Conclusion
The Abuja-Lagos Super Highway project is a significant infrastructure development that aims to boost the economy and reduce transport costs. With the support of the government and the consortium of stakeholders, the project is expected to be completed in four years at a cost of five billion dollars. The project has the potential to reengineer the nation’s economy and provide easier and cheaper means of commuting between the two great cities.
FAQs
Q: What is the Abuja-Lagos Super Highway project?
A: The Abuja-Lagos Super Highway project is a 470-kilometre Greenfield super highway expected to be completed in four years at a cost of five billion dollars.
Q: Who are the stakeholders involved in the project?
A: The stakeholders include the UBA Plc, Associated Engineering Consultants, China Harbour Engineering Company (CHEC), United Capital Plc, FutureView Financial Services Ltd, Olanihun Ajayi LP, G. Elias.and First Global Commerce Solution Limited.
Q: What are the benefits of the project?
A: The project will facilitate easier and cheaper means of commuting by road between Abuja and Lagos, and will also open up the villages through which the super highway will pass, providing a more convenient alternative for travelers.
Q: What is the current status of the project?
A: The project is awaiting final approval by the Federal Executive Council for the ground breaking of the legacy project.
