By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Friday, Nov 13, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Latest News
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
African Economy

West Africa: Ecowas, AfDB Sign $22.7M Abidjan-Lagos Highway Agreement

Shom Akor
Last updated: February 5, 2019 6:04 am
By Shom Akor
Share
4 Min Read
11035895389052060874
SHARE
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram

 

ECOWAS and the African Development Bank (AfDB), on Monday signed a 22 million dollar agreement for the technical design to develop the Abidjan-Lagos highway.

The signing of the Grant Retrocession Agreement between ECOWAS and AfDB and the contracts for the feasibility, environmental, socio-economic and detailed engineering designs was done in the ECOWAS Commission in Abuja.

ECOWAS Commission President, Jean-Claude Brou, said that the signing was in recognition of the decision of the Presidents of Nigeria, Ghana, Cote d’Ivoire, Togo and Benin in 2014 on the construction of the highway.

“With the approval of the member states, the ECOWAS Commission forwarded financing requests of approximately 89 million dollars to several development partners, including AfDB and European Union, to fund the technical and project preparation studies.

“We thank the AfDB for their swift response and subsequent identification mission undertaken in Dec. 2018 for possible financing.”The EU contribution of €9.13 million was mobilised through the African Development Bank who also contributed approximately $11.06 million making it a total of $22.72 million for the project.”

Uyo Houses Global Media Headquarters as Obasanjo, Jonathan, Masisi Unveil C54 News Dome
Why Kenyan Court Ordered ‘Status Quo’ on Dangote’s $16bn Refinery Land
Senegal’s President Diomaye Faye emerges ECOWAS Chairman
EDITORIAL: The Nigeria that once lent to the World Bank, Borrows to Survive today

The commission’s president added that contracts were also signed with three major consulting firms to undertake feasibility, environmental, socio-economic and detailed engineering designs for the six-lane highway.

 

He said the 1,080 km Abidjan-Lagos corridor would connect some of the largest and economically dynamic cities in Africa and also link vibrant seaports which served landlocked countries of the region.

The Senior Director, AfDB, Mr Ebrima Faal, said West Africa needed deeper market integration to promote industrialisation for the economic development of the region. Faal reiterated that the total intra-regional trade stood at 15 per cent, adding that the project would facilitate trade within the region.

“Promoting regional trade is enshrined in articles establishing AfDB and is a key pillar in the High Five priorities of the bank.”That is why the bank is investing heavily in high quality regional transport infrastructure throughout the continent.”

The AfDB representative said the objective of the Abidjan-Lagos Corridor Highway Study was to undertake all the needed technical studies for the effective implementation, operations and economic development of the highway.

Mr Mayne David-West, Pearl Consultants and Civil and Structural Engineers, who spoke on behalf of the other consultants, said the project design would take two years and would connect to the planned East-West coastal road.

 

 

“The project design life span will take two years before construction; we will provide bid documents for the construction itself.

“The beauty of this road is that there is already an existing East-West coastal road design which starts from Lagos to Calabar and from there, goes to Cameroon.”When this road is done, it will be connected to the East-West coastal road.”

The EU representative, Mr Kurt Cornelis, said the project fitted in the framework of the cooperation of the EU with the continent and also the region. Cornelis said the project would strengthen the competitiveness of the territories, stimulate investments, encourage regional integration for development growth and job creation.”

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article Tukur Buratai Buratai: A study in warfare
Next Article Atiku Abubakar Prove That I Am From Cameroon, Atiku Tells Nnamdi Kanu
Search
– Advertisement –
Latest News
  • UNN Party Tragedy: Police Probe Four Student Deaths November 13, 2026
  • Nigerians Protest Against INEC Chairman in London, Demand Answers Ahead of 2027 Elections November 13, 2026
  • INEC Moves to Block Inaccurate IReV Results Ahead of 2027 Elections November 13, 2026
  • UNIZIK Graduates 16,842, As Anyaehie Unveils Scorecard In Office November 13, 2026
  • Katsina girl escapes attempted force marriage to notorious bandit leader November 12, 2026
  • Insecurity: Plateau Gov lifts curfew in three LGAs November 12, 2026
  • UNIJOS appoints first female Vice-Chancellor in 50-year history November 12, 2026
  • Anambra reaffirms commitment to Institutionalising Development Plan Beyond Soludo Administration November 12, 2026
  • Dangote reduce Petrol price to ₦1,215 November 12, 2026
  • World AIDS Day 2026: ANAMBRA STEPS UP HIV RESPONSE, TARGETS AIDS-FREE STATE BY 2030 November 11, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited Bayo Ojulari
AfricaAfrican Economy

NNPC unveils new strategy to drive energy investment in Africa

July 13, 2026
Robert Kiyosaki
AfricaAfrican Economy

Analysis: Robert Kiyosaki’s World Power Shift Thesis — Africa’s Position

April 24, 2026
Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km 820 miles south of Tehran April 30 2019
AfricaAfrican Economy

Why the US–Iran War Should Be a Blessing for Nigeria, Not a Curse

April 2, 2026
IMG 20260321 WA0019
AfricaAfrican Economy

WACEE 2026: Oyo Seeks German Partnership to Boost Environmental Sustainability

March 21, 2026
IMG 20260302 WA00481
AfricaAfrican Economy

Oyo Govt Implement Compliance as Durante Farms Upgrades Effluent Plant

March 2, 2026
CBN e1490307285906 edited
African EconomyNigerian economy

CBN cuts interest rate to 26.5%

February 24, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Religion
  • Bible Messages
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d