THE President, African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway.
NAN said Adesina tweeted this on his Twitter handle @akin_adesina .
He said that the investment would strengthen regional trade and integration in West Africa by linking the hinterlands of different Participating Member Countries (PMCs).
The Lagos-Abidjan highway interconnects the capital cities of five Western African States, covering approximately 1,028 km and eight border crossings.
They are Cote d’Ivoire, Ghana, Togo, Benin and Nigeria.
The Abidjan-Lagos Corridor is a flagship project of the Programme for Infrastructure Development in Africa (PIDA).
It forms part of the wider Dakar-Lagos Corridor and a major part of the Trans African Highway Network within the ECOWAS region.
The corridor’s current alignment traverses all major economic centres of the five PMCs starting from “Bingerville”, a suburb of Abidjan and ending at Mile 2 (Eric Moore), in Lagos.
In a statement issued by AfDB recently said the Abidjan -Lagos project is a key regional trade and transport corridor that interconnects some of the largest and most economically dynamic cities in Africa, Abidjan, Accra, Cotonou, Lomé and Lagos.