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Gbeminiyi Ogunleye
5 months ago
Overview
FG secures foreign funds for Lagos-Calabar coastal highway
The Federal Government has secured funding for the ongoing Lagos-Calabar coastal highway through an Engineering Procurement Construction and Financing (EPC+F) agreement with Hitech Construction Company Nig. Ltd, it emerged on Tuesday.
Minister of Works, David Umahi, said the move aligns with the government’s roadmap for sustainable funding of key legacy projects aimed at driving economic growth.