• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 29, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FG Saves N1.2trn From 3 Road Construction Projects

Olamide Ojuokaiye by Olamide Ojuokaiye
2 years ago
in Business
Nigeria
Share on WhatsAppShare on FacebookShare on XTelegram

The federal government has said it was able to streamline road project expenses, thereby, saving the country about N1.2 trillion from three road construction projects across the country.

The permanent secretary, Ministry of Works, Dr. Yakubu Adam Kofamata, at the official commissioning of the reconstructed Apapa-Oworoshoki-Ojota Expressway in Lagos, yesterday, stated that the current administration achieved this feat since the inception of the minister of Works, Dave Umahi in office.

He stressed that, under the minister’s leadership, the ministry has saved over N640 billion on the Abuja-Kano expressway, N300 billion from the Second Niger Bridge, and N250 billion from the Lagos-Ibadan expressway which are on Phase 1 and Phase 2 of the road and infrastructural constructions, hence, saving the country N1.19 trillion.

Kofamata added, “Mr. President has directed the Abuja-Kano road must be completed within the next year and the Abuja -Keffi-Makurdi and all to Mile 2 in Enugu is almost on the verge of completion within the one year of this administration”

Also, speaking at the event, Senate President, Godswill Akpabio stated that, “Lagos is the seat of major empowerment and the only city in the whole of West Africa where any tribe that comes from anywhere is sure to have employment opportunities. Lagos welcomes all of us and Lagos Must not be neglected.

“I want to thank Aliko Dangote and Hitech for taking up this job of constructing the Apapa-Oworoshoki-Ojota Expressway. It’s not just the government that was willing to partner private sectors, it’s the fact that they were willing to take up the job and they have done a wonderful job.”
In his address, the president, Dangote Group, Aliko Dangote noted that, the Apapa-Oworoshoki-Ojota Expressway construction started in December 2018, as he canvassed for the adoption of concrete roads in Nigeria.

“This accession marks a significant step in the journey towards transforming Nigeria’s infrastructure landscape as it reflects on the progress of Apapa-Oworonshoki road. We are excited at the significant impact of the project. The Apapa-Oworonshoki road is a crucial axis that connects various markets, the Nigerian port and other key economic sectors.

“It’s also a major exit for export and non-oil goods from Nigeria. 70 per cent of the people living in Abuja checked out of Apapa because it used to take us two weeks before getting to the port. Majority of us almost lost our capital in trying to do our business. We lost over N60 billion to demurrage alone in 18 months and that was why we pleaded with the government to come up with something creative to solve,” he pointed out.

Stating that the road was in an extremely terrible state with several failed and collapsed sections before the intervention, he added that the bad state of the road then hampered the evacuation of goods and restricted access to markets, paralysing the shipping and manufacturing industry and disrupting supply chains across the economic landscape.

The implication, he said, was that companies suffered increased logistic costs which were passed on to Nigeria consumers, but on our own, we couldn’t pass what we lost on to the consumers.

He added that, “For the average Nigerian, it also meant a significant time lost in endless hours in traffic. Moving to Apapa takes hours which has a negative impact on the growth and quality of life. This project is a great example of positive impact that can be achieved when the public sector collaborates with the private sector..”

He, however, said, ‘it is easier to build and maintain concrete road with 100 per cent local input. The road infrastructure projects are good for the economy.’

He remarked that the 36 KM by 10 lanes with concrete pavement was completed under the Renewed Hope Project in 2024.

He stated that the cost of bitumen, which was N650,000 per tonne, has moved to N1.4 million per tonne, urging contractors to migrate into the use of concrete in road construction.

RELATED NEWS

Equities Rebound, Gain N780bn 

Tinubu Warns Employers Against Non-remittance Of Workers’ Pension Contributions

Tinubu Defends Foreign Loans, Says Nigeria Must Invest In Infrastructure

The Road Tax Credit, he stressed, should be commended and applauded when it is properly deployed.

Umahi, however, lauded the CCECC management team on the Lagos Calabar Coastal Highway construction and the maintenance of the Third-Mainland Bridge, adding that, “all the maintenance given to the road is asphalt upon asphalt with the ministry has to mill it out as they are between 6 inches ton12 inches. The expansion joints were changed with the deployment of solar lights in the bridge.”

While commending the private partnership in road and infrastructural development,

Lagos State deputy governor, Femi Hamzat expressed the state’s gratitude to the FG and the Dangote group, as he lauded the construction of the road which serves as a commercial hub for imports and business owners across the state and neighbouring states.

In attendance are; the deputy speaker of the House of Assembly, Ben Kalu, Minister of Blue Economy and Maritime, Gbioyega Oyetola, Kwara State governor, Abdul Rahman AbdulRazaq, Ondo State governor, Lucky Aiyedatiwa, Imo State Governor, Hope Uzodinma, amongst others.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Olamide Ojuokaiye

Olamide Ojuokaiye

Olamide Ojuokaiye is a journalist with Leadership Newspaper, specialising in Information and Communication Technology (ICT) and digital economy reporting. His coverage spans Nigeria's tech ecosystem, telecommunications, fintech, digital policy, and emerging technologies, complemented by broader newsroom experience across Metro, Education, and Entertainment beats.

OTHER NEWS UPDATES

Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Equities Rebound, Gain N780bn 

15 minutes ago
Tinubu Warns Employers Against Non-remittance Of Workers’ Pension Contributions
Business

Tinubu Warns Employers Against Non-remittance Of Workers’ Pension Contributions

2 hours ago
Ondo NAF Crash: Tinubu Orders 3-Day National Mourning
Business

Tinubu Defends Foreign Loans, Says Nigeria Must Invest In Infrastructure

2 hours ago
Next Post
Dangote Refinery Receives 1 Million Barrels Of Crude Oil

Diesel Export From Dangote Refinery Begins In June

LATEST UPDATE

Italian Men Cannot Resist Edo Girls, Oshiomhole Recalls Ambassador’s Remark

9 minutes ago

BREAKING: INEC Upholds Pantami, Gwarzo Candidacies, Rejects Adebutu’s Appeal

12 minutes ago

UK Prison Psychologist Jailed For Having Sex With Murderer In Therapy Room

13 minutes ago

Equities Rebound, Gain N780bn 

15 minutes ago

Female Students Back Tinubu, Shettima For 2027, Demand Stronger Girls’ Education

24 minutes ago

“Someone Said I Looked Like A Monkey” — Actress Habibat Jinadu Reveals Why She Bleached Her Skin

44 minutes ago

ICPC Arraigns PFIPC’s Adeyemi On 22 Fresh Counts Of Forgery, Impersonation

1 hour ago

PSC Promotes Over 3,800 Police Officers To New Ranks

1 hour ago

Musa Urges African Nations To Be Self Reliant, Influential Actors In Global Security 

1 hour ago

Experts Raise Concern Over Stroke Deaths Linked To Delayed Emergency Care

2 hours ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.