Nigeria Approves Significant Road Project Amid Ongoing Debt Concerns
In a significant legislative move, the House of Representatives has granted approval for President Bola Tinubu's proposal to secure an external loan of $516.3 million aimed at constructing key segments of the Sokoto-Badagry superhighway. This ambitious project, spanning approximately 1,000 kilometers, is set to connect the states of Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos, commencing in Illela, Sokoto, and culminating in Badagry, Lagos.
This green light comes on the heels of robust recommendations from various…