The roads in the planned project are: Onitsha – Owerri– Aba, Shagamu – Benin; Abuja – Keffi – Akwanga; Kano – Maiduguri; Lokoja – Benin; Enugu – Port Harcourt; Benin – Asaba; Illorin –Jebba; Kaduna – Kano; and Abuja – Lokoja.
Mr. Fashola added that the concessions would raise a total of N163.32 billion, with N16 billion for each road, and over 23,000 jobs would be created in its initial phase.
He also added that the Highway Management Initiative was developed with planned private sector engagement.
Investors are expected to develop the added road infrastructure, from toll plazas to street lights, as the project should attract and maximise the development of Federal road infrastructure.
SOURCE: Nairametrics