The Minister said the Highway Management Initiative was developed with planned private sector engagement.
The Minister of Works and Housing, Babatunde Fashola told the National Assembly Joint Committee on Works, on Wednesday, that the Federal Government is proposing a plan to concession 10 key highways in the country.
The project will be called the “Highway Project and Management Initiative.”
The roads in the planned project are: Onitsha – Owerri– Aba, Shagamu – Benin; Abuja – Keffi – Akwanga; Kano – Maiduguri; Lokoja – Benin; Enugu – Port Harcourt; Benin – Asaba; Illorin –Jebba; Kaduna – Kano; and Abuja – Lokoja.
Mr. Fashola added that the concessions would raise a total of N163.32 billion, with N16 billion for each road, and over 23,000 jobs would be created in its initial phase.
source:Nairametrics
