The Federal Executive Council on Wednesday, approved the construction and maintenance of nine road corridors under the Highway Development and Management Initiative (HDMI) under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC).

The projects which will utilise the Public Private Partnership Model will generate over N11.54 trillion (N11,543,821,736,086) in the 25 years concession period for the projects.

The highway development project which was initiated by the Federal Ministry of Works and Housing, originally targets 12 road corridors within which there are 13 routes, however three corridors and one route had yet to reach the FEC approval stage.

The projects aim to ensure the management and development of the Nigerian Federal Road Network with the ultimate aim of achieving adequate highway services across the entire network through construction, rehabilitation and management of the road pavement in line with the Federal Government economic reform agenda and global best practices.

The aim of the partnership is to develop and manage the federal road network, thereby supplementing the federal government’s budgetary allocation for infrastructural development.

The Following Roads were approved to Enyimba Economic City.

The 161.2km Onitsha-Owerri-Aba route, which is the 4th route, will generate N706,129,383,000 (N706bn) in the 25-year concession with the private sector investor being Enyimba Economic City Consortium.

Route 9 is the Enugu – Port Harcourt 200km road which also has a 25 year concession term and expected revenue is put at N1,154,416,153,000 (N1.15trn) and the concessionaire is Enyimba Economic City Consortium.

Enyimba Economic City (EEC) is a 9,464 Hectares of Work, Live, Learn and Play Vibrant Integrated City with growth sectors in Industrial Activities, Logistics, Lifestyle Residential, Entertainment, Health/Medical, Knowledge/Tech Hub and Aviation, designed to be The Global Business Hub in Nigeria. It is a Special Economic Zone (SEZ) under the Made in Nigeria for Export (MINE) Programme of Federal Government of Nigeria. It has a Free Trade Zone Status.

The Enugu-PH Expressway and the Onitsha-Owerri-Aba Expressway are key roads that's part of the external fence infrastructure of the city, they are very important for the success of the project. It is a big win for Enyimba Economic City for getting the ICRC to hand over the road to them.

The consortium for the external fence infrastructure include Insta – Toll RSA (to build Toll Plazas), Escher Silverman Global UK, CCECC Nigeria and Afreximbank.

Flag Off and Construction may likely start 1st or Second Quarter of 2023 after the flag off (before July).

https://www.icrc.gov.ng/hdmi-fec-approves-1374km-roads-across-9-corridors-to-generate-n11-54trn-icrc/

Abia is the worst and most backward state in Nigeria. Aba is a cesspit of dilapidated roads and filthy environment while umuahia is a glorified village.

Abia state is cursed, almost all their projects are on billboards. Enyimba economic city hasn't laid single block on their land for slmost a decade but they now want construct a major highway. Who actually cursed abia state?

Better, Fashola has failed woefully.

SLAP44:
Better, Fashola has failed woefully.

I don't agree though

So FG no longer wants to build road in the SE it's now private companies from mtn to this now but when it is the north, they give Julius Berger the contract to build their roads and when we say we don't want nigeria one urchin under Oshodi bridge will say why?
No problem, make God help Nigeria if obi no win that thing wey una dey find, una go see am

All I want to say is:
Peter Obi is Coming!
A New Nigeria is POssible!

Qtrpst4:
So FG no longer wants to build road in the SE it's now private companies from mtn to this now but when it is the north, they give Julius Berger the contract to build their roads and when we say we don't want nigeria one urchin under Oshodi bridge will say why?
No problem, make God help Nigeria if obi no win that thing wey una dey find, una go see am

The ongoing contracts and construction may likely continue, but the management henceforth will be done by EEC. It does not stop the ongoing projects.

Other key roads in the north and West were also concessioned, not only this ones.

Check the link.

Abia state is cursed, this is the only thing their useless governor achieved in almost eight years. See abia state governor sharing kerosene

NwekereNdokl:
Abia is the worst and most backward state in Nigeria. Aba is a cesspit of dilapidated roads and filthy environment while umuahia is a glorified village.

Abia state is cursed, almost all their projects are on billboards. Enyimba economic city hasn't laid single block on their land for slmost a decade but they now want construct a major highway. Who actually cursed abia state?

In 8 years time , you will come back to tell us Ikpeazu is as good and innocent as saint Obi and we should vote for him as president.

Officialgarri:
In 8 years time , you will come back to tell us Ikpeazu is as good and innocent as saint Obi and we should vote for him as president.

If he does well and finish well why not?

Tinubu did not work but because of private investments in Lagos you claim he built Lagos.

Ikpeazu has done noble by planing an economic city in ABia. If Tinubu can lay hold on that to campaign, why won't Ikpeazu when he even has more projects than tinubu?

SLAP44:
Better, Fashola has failed woefully.

Please next time, each time slap yourself 4+4 times for making very foolish statements.

Lifted07:
All I want to say is:
Peter Obi is Coming!
A New Nigeria is POssible!

Lazy Thing, no miracle or messiah is coming to save you from amongst your 200 million fellow sambos.

Go & work & think more critical to advance your life.

NwekereNdoki:


If he does well and finish well why not?

Tinubu did not work but because of private investments in Lagos you claim he built Lagos.

Ikpeazu has done noble by planing an economic city in ABia. If Tinubu can lay hold on that to campaign, why won't Ikpeazu when he even has more projects than tinubu?

embrace the truth. All the south eastern governors combined including Peter Obi did not have half the achievement of BAT.
BAT's legacy is what is keeping Lagos till date and that's why Peter Obi decided to vacate Anambra and live in Tinubu's Lagos

Officialgarri:
embrace the truth. All the south eastern governors combined including Peter Obi did not have half the achievement of BAT.
BAT's legacy is what is keeping Lagos till date and that's why Peter Obi decided to vacate Anambra and live in Tinubu's Lagos

What's BAT Legacy?? Mention it

Officialgarri:
embrace the truth. All the south eastern governors combined including Peter Obi did not have half the achievement of BAT.
BAT's legacy is what is keeping Lagos till date and that's why Peter Obi decided to vacate Anambra and live in Tinubu's Lagos

Tinubu can not even lace Umahi's shoes.

If you remove projects in Lagos before TInubu came, he will be empty

How is Ikpeazu sure this will be completed by successive administration? Why wasn't this started much earlier in the lifetime of his administration?

Why?

Officialgarri:
In 8 years time , you will come back to tell us Ikpeazu is as good and innocent as saint Obi and we should vote for him as president.

Igbos don't support incompetent failures like Ikpeazu

Officialgarri:
embrace the truth. All the south eastern governors combined including Peter Obi did not have half the achievement of BAT.
BAT's legacy is what is keeping Lagos till date and that's why Peter Obi decided to vacate Anambra and live in Tinubu's Lagos

Peter Obi lives at Niger Drive GRA Onitsha. Go and verify it. Obi only visit Lagos like every other Nigerian but his official residence is in Onitsha

NwekereNdoki:

Ikpeazu has done noble by planing an economic city in ABia. If Tinubu can lay hold on that to campaign, why won't Ikpeazu when he even has more projects than tinubu?

Dirty frustrated miserable aba pig, Ikpeazu is the worst governor in Nigeria. Abia is the worst and most backward state in Nigeria

RuddyFusion:
How is Ikpeazu sure this will be completed by successive administration? Why wasn't this started much earlier in the lifetime of his administration?

Why?

THe project started since 2017. Gains have been made since then on the background that many are not aware of. This is not a project ABia state government can fund, so they needed a financial backbone from banks like AFREXIM and AfDB. They recently got it, so hopefully, before he leaves office it'll commence.

The project is part of Abia 30 years plan.

Concerning the issue of succession. The project is a private driven project and is in parallel with govt operation. No incoming governor can thwart it cause it's backed by law and a law establishing it's autonomy was passed byt the Abia state house of assembly. Also it is a Free trade zone and SEZ too.

Mumu man show us the pictures of the progress in EEC. Stop deceiving, abia is a failed state

NwekereNdoki:


THe project started since 2017. Gains have been made since then on the background that many are not aware of. This is not a project ABia state government can fund, so they needed a financial backbone from banks like AFREXIM and AfDB. They recently got it, so hopefully, before he leaves office it'll commence.

The project is part of Abia 30 years plan.

Concerning the issue of succession. The project is a private driven project and is in parallel with govt operation. No incoming governor can thwart it cause it's backed by law and a law establishing it's autonomy was passed byt the Abia state house of assembly. Also it is a Free trade zone and SEZ too.

RuddyFusion:
How is Ikpeazu sure this will be completed by successive administration? Why wasn't this started much earlier in the lifetime of his administration?

Why?

The project hasn't even taken off. ECC only exist on billboards. Abia is very unlucky with leaders