Ebonyi State Road Upgrade Project
Sector: Government • Location: Ebonyi State, Nigeria
Source: Highways Today
The African Development Bank Group approved a US$70 million loan for a road project in Nigeria’s South Eastern Ebonyi State. The Bank will provide US$40 million, while its co-financier, the Africa Growing Together Fund (AGTF), will contribute US$30 million. The Islamic Development Bank is also providing Nigeria a loan of US$80 million, while the Ebonyi State Government will provide US$17.60 millio
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Company | Obfuscated Data |
Status
Original status | ongoing |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The African Development Bank Group approved a US$70 million loan for a road project in Nigeria’s South Eastern Ebonyi State. The Bank will provide US$40 million, while its co-financier, the Africa Growing Together Fund (AGTF), will contribute US$30 million. The Islamic Development Bank is also providing Nigeria a loan of US$80 million, while the Ebonyi State Government will provide US$17.60 million, for a total project cost of US$167.60 million. The project involves the rehabilitation and asphalting of a 51 km stretch between Nwezenvi and N’Doko, and part of the corridor between N’Doko and Ezzamgbo spanning 38.91 km. It is expected to be completed in five years. The project aims to aid the agricultural State of Ebonyi’s aspiration to develop special agro-industrial zones dedicated to processing of subsistence crops, improve road safety and accessibility of farming communities and small-scale industrial areas, and create 1,400 jobs during the construction phase. Once completed, the road network, covering a total of 177.81 km, is expected to serve as an international link between Ebonyi State and Nigeria’s eastern neighbor, Cameroon, in addition to connecting Ebonyi to Benue and Enugu. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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