The Special Adviser to the President on Media and Public Communications, Mr Sunday Dare, has disclosed that the Federal Government is expanding transportation and power networks across the country.
In a statement on Sunday, Dare said Nigeria is experiencing an unprecedented expansion of its transportation and power networks, laying the foundation for long-term economic growth.
Dare said, “36 major roads — including the Lagos coastal road and Sokoto-Badagry highway — are currently under construction, backed by a N5.9 trillion allocation in the 2025 budget.
“This administration understands that without world-class infrastructure, economic growth remains stunted. Roads, power, and water projects are being prioritized to unlock Nigeria’s full economic potential..
The presidential aide further highlighted the Lekki Free Trade Zone as a prime example of how infrastructure investment attracts billion-dollar industries, citing the Dangote Refinery as a direct beneficiary of strategic road and port development.
He said, “People doubted President Tinubu when he first pushed for these projects as governor of Lagos. Today, they have transformed entire economic corridors, proving the power of long-term planning.”
Dare also said beyond roads, the government is investing heavily in power sector reforms, ensuring that businesses and households benefit from a more stable electricity supply, which is crucial for industrialisation and economic expansion.
He said, “The impact of these projects is also evident in Eko Atlantic, where world-class infrastructure has attracted major financial institutions such as First Bank, reinforcing Lagos’ position as a global business and investment hub.”
It is important to note that in February this year , the Federal Executive Council (FEC) approved N242.6 billion for the rehabilitation, re-scoping, and construction of 14 major road projects across the country.
On March 6, the FEC also approved the rehabilitation and construction of 14 road projects across Nigeria, valued at N660.2 billion.
