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Nigeria seeks ₦3 trillion to revive stalled road projects after oil firm funding cut.
Nigerian Minister of Works, David Umahi, announced that ₦3 trillion is needed to complete road projects halted due to the withdrawal of funding from the Nigeria National Petroleum Company Limited (NNPCL).
President Bola Tinubu has directed the ministry to explore alternative funding, including Public-Private Partnerships (PPP), to ensure project continuity.
Work is ongoing on key roads like the Benin-Warri and Lagos-Ota-Abeokuta.
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Nigeria busca 3 billones para reactivar proyectos de carreteras estancados después de que las compañías petroleras redujeran su financiamiento.