Nigeria’s airport project nears completion

The Abuja Airport terminal expansion project in Nigeria, currently under construction by Chinese company CECC, is around 30 per cent complete and is expected to open for operation in December 2014. The scheme, when completed, will connect the city centre to the satellite towns in the country. The Federal Government has embarked on improving most of the nation’s airport terminals across the country via various remodelling and expansion works with a view to bringing them up to international standards.
August 7, 2014 Read time: 2 mins

The Abuja Airport terminal expansion project in Nigeria, currently under construction by Chinese company CECC, is around 30 per cent complete and is expected to open for operation in December 2014. The scheme, when completed, will connect the city centre to the satellite towns in the country.

The Federal Government has embarked on improving most of the nation’s airport terminals across the country via various remodelling and expansion works with a view to bringing them up to international standards.

Finance Minister and Coordinating Minister for the Economy Dr Ngozi Okonjo Iweala said: “We took a loan of US$500 million from the Exim Bank of China representing the Chinese government in order to construct modern terminals in this country. This is something we need and we have four outstanding terminals of Lagos, Abuja, Kano and Port Harcourt in mind; the expansion works are ongoing.” She went on to say that the government is similarly constructing the Enugu and Bayelsa terminals from the government’s internal funding.

In addition, the US$849 million Federal Capital Transport Authority (FCTA) light rail project is expected to be completed in the third quarter of 2015.

Related Content

  • June 20, 2013
    NSW commits major funds to roads and maritime in 2013-2014 state budget
    The New South Wales (NSW) Government will invest US$4.7 billion to build and maintain critical road and maritime infrastructure across the state in the 2013-2014 state budget, providing for new roads infrastructure, maintenance and road safety. Roads minister Duncan Gay says this new infrastructure fund, Restart NSW, will support the WestConnex Motorway, WestConnex enabling works in the Port Botany and Sydney Airport Precinct, the Pacific and Princes highways, Bridges for the Bush, and addressing congestion
    Read More
  • July 15, 2016
    EBRD finances road repairs and upgrades in Eastern Europe
    The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to US$86 million (€65 million) to Bosnia and Herzegovina to support an infrastructure programme aimed at repairing and upgrading the country’s road network, which has been damaged by severe floods in recent years. The improvements to the network will support regional connectivity, making it easier for domestic companies to transport their products to local and regional customers. Supporting regional integratio
    Read More
  • March 25, 2015
    Kenya plans road toll tenders
    Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom
    Read More
  • February 2, 2012
    Economic crisis needs non-partisan perspectives to stimulate growth
    Kary Witt, President of the IBTTA and Pat Jones, Executive Director and CEO, talk about the need to put aside partisan perspectives in order to deal with the current economic crisis
    Read More

Highlighted Content