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Nigeria secures $1.26 billion for Lagos-Calabar Highway phase, boosting coastal infrastructure.
President Bola Tinubu has praised a $1.26 billion financing agreement for Phase 1, Section 2 of the Lagos-Calabar Coastal Highway, calling it a major milestone in Nigeria’s infrastructure development.
The funding, secured to advance the project’s construction, aims to improve transportation, boost economic activity, and enhance regional connectivity along the country’s southern coast.
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Nigeria asegura $1.26 mil millones para la fase de la autopista Lagos-Calabar, impulsando la infraestructura costera.