Business Case presented for Sagamu-Benin-Asaba road PPP project
Advanced Engineering Consultants (AEC), the Ohio-based firm specialized in providing mechanical, electrical, plumbing and technology engineering design services, has recently presented a final workshop in relation to the A121-A232 Sagamu-Benin-Asaba PPP project to the Nigerian Federal Ministry of Power, Works & Housing PPP.
The project comprises the rehabilitation and upgrade of the existing 384 kilometers two-lane highway between the E1 Lagos-Ibadan Expressway in the municipality of Sagamu and the A232 Benin City-Enugu Trunk Road in the municipality of Asaba.
The project will be developed on design-build-operate (BDO) basis and the total investment is estimated at US$1.3 billion.
After the Government approval the project will be moved from the Federal Ministry of Power, Works & Housing PPP Unit to the Infrastructure Concession Regulatory Commission (ICRC).
Country news
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April 05, 2016
University of abuja seeks advisor for PPP projects
The University of Abuja, in the Nigerian capital Abuja, has recently launched a request for expression of interest (EOI) from interested firms for the selection of a Transaction Advisor for the development of PPP projects at the University campus. Read more -
March 23, 2016
IFC to finance Nigerian port
The International Finance Corporation (IFC), a member of the World Bank Group, has newly announced its plan to support the Indorama Port project development, which consists of the development of a multi-purpose port terminal at Onne in Port Harcourt, Nigeria, by providing senior debt and mobilizing third-party funding. Read more -
March 09, 2016
Nigeria to award concession of port terminals
The Infrastructure Concession and Regulatory Commission (ICRC) of the Federal Government of Nigeria (FGN) has plans to complete the awarding of the Kirikiri Light Terminals Phase I & II (KLT I & II) in Lagos. Read more -
February 03, 2016
Nigeria´s minister of finance worried about the lack of PPP projects
According to the Nigeria’s Minister of Finance, Kemi Adeosun, the Federal Government is worried about the lack of public private partnership (PPP) projects. Read more -
January 14, 2016
Nigerian state seeks advisor for market PPP
The Plateau State Government, Nigeria, Read more
