Works minister directs contractors to work around existing structures pending route review, while ordering faster construction on the ₦683bn Phase Two project.

The Minister of Works, Senator David Umahi, has directed contractors handling the Calabar-Abuja Superhighway not to demolish or touch any building along the current project alignment until the Federal Government completes a review of the route.

Umahi issued the directive during an inspection of Phase Two of the superhighway at Ado in Benue State, where he also ordered contractors to accelerate work on the 173-kilometre section valued at ₦683 billion. 

The minister said existing buildings should be protected even where they fall within the current alignment, adding that the route could be adjusted where necessary to avoid structures.

“My directive is that no building should be touched. Even if it’s within the alignment, I have to come and realign it,” Umahi said.

He instructed contractors to continue construction around affected buildings while the ministry reviews the alignment.

Umahi said the directive was intended to ensure that the human impact of the infrastructure project was properly considered while construction continued.

Minister Orders Faster Construction

During the inspection, Umahi also focused on increasing the pace of work on Section Two.

He said the contractor had opened the first element of the initial eight-kilometre stretch, while engineers were working to resolve an engineering challenge around the Ado Bridge.

Rather than allow the bridge challenge to slow construction across the entire section, the minister directed the contractor to open another section from the Ado River while engineers determine an appropriate solution for the bridge crossing.

“I do not believe in engineering that anything is impossible,” he said. 

Umahi further directed the contractor to open at least three sections of the first element of Section Two simultaneously.

The move, according to the minister, is intended to create multiple work fronts and increase the pace of construction.

He also called for adequate technical responses to difficult portions of the highway, including sharp curves and other sections where conditions on the ground may require adjustments to the original design.

Section One Valued At ₦454bn

Umahi said Section One of the Calabar-Abuja Superhighway is valued at ₦454 billion.

He also highlighted additional works along the route, including the proposed dualisation of the road at Onueke and the dualisation around Chainage 0 near Ndibe Beach. 

The minister explained that the project is being executed under an Engineering, Procurement and Construction Plus Finance arrangement.

According to him, the financing structure does not provide for variations, making careful management of quantities and available resources important to the project’s execution.

He also directed that sharp curves along the highway should be strengthened where necessary, even where such adjustments were not contained in the original design.

Umahi said experienced professionals must respond to engineering realities encountered during construction rather than remain limited by the initial design.

Umahi Defends Southeast Infrastructure Projects

The inspection also saw Umahi respond to claims on social media that he had concentrated Federal Government infrastructure projects in the Southeast.

He rejected the allegation and said the projects were part of the broader infrastructure programme of President Bola Ahmed Tinubu’s administration.

“I saw on social media where they say I cornered all projects to the Southeast. That is very wonderful. But we have the publication of all projects ongoing by President Bola Ahmed Tinubu,” he said. 

Umahi added that he could not independently determine where Federal Government projects were located because the President remained his principal.

“I’m not on my own. The President is my boss. So where will he be when I corner all projects to Southeast?” he asked.

He said the Southeast might not rank first, second or third in infrastructure development under the administration but would, in his words, “definitely” not be last.

Umahi Addresses Ebonyi Political Claims

Umahi also dismissed suggestions of a political “rainbow coalition” involving political interests in Ebonyi State.

He maintained that the state remained aligned with the All Progressives Congress and its candidates.

The minister was also asked about reports of a possible political alliance involving former Rivers State Governor and current FCT Minister Nyesom Wike.

Umahi said Wike had not informed him of any candidates in Ebonyi State.

“If Wike has candidates here, he has not told me. And his candidate cannot break our relationship, but his candidate is not part of our relationship,” he said. 

The political comments came during the same inspection in Benue State, alongside Umahi’s directives on the ongoing superhighway project.

For the immediate construction programme, however, the minister’s key instructions were to protect existing buildings pending the route review, open additional work fronts and resolve engineering challenges without allowing them to stall progress.

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The Federal Government has explained how it shared N15.8 trillion in savings from fuel subsidy removal over the past three years.

Finance Minister Taiwo Oyedele gave the figures at a press conference on Wednesday. He explained how the subsidy reform affected government finances and the Federation Account.

According to Oyedele, the government saved N15.8 trillion after removing the fuel subsidy. The Federal Government, states and local governments shared the funds.

The Federal Government received N5.43 trillion from the savings. State governments received N6.52 trillion, while local governments received N3.88 trillion.

Oyedele said the savings did not create one large cash reserve for the Federal Government. Instead, the reform reduced the cost of maintaining the fuel subsidy.

Government Records Additional Revenue

The finance minister also disclosed other financial gains from the reforms.

The government generated N3.12 trillion in additional revenue during the period. It also recorded N11.85 trillion in additional borrowing.

Together, these sources gave the Federal Government about N20.4 trillion in additional resources.

READ ALSO :Fuel Prices Set to Stay High as Downstream Market Battles

However, government spending also increased during the same period. Oyedele said the Federal Government spent about N30.64 trillion on additional expenditures.

The figures show that subsidy removal did not leave the government with a large surplus. Instead, the reform helped reduce the pressure on government finances.

Oyedele said the government would have needed more borrowing without the savings from subsidy removal.

Where the Government Spent the Money

The government directed the additional spending towards several areas.

Wage adjustments accounted for N9.39 trillion. The government also spent N9.37 trillion on external debt servicing.

Infrastructure received N6.47 trillion during the period. The government also spent N3.14 trillion on electricity subsidies.

These figures show the scale of the demands on Nigeria’s public finances. The government must fund wages, debt payments, infrastructure and other public services at the same time.

Impact on Housing and Infrastructure

The figures also matter to Nigeria’s housing and construction sectors.

Government revenue plays an important role in infrastructure development. Roads, electricity, water supply and other public services support housing projects and urban growth.

Higher public spending on infrastructure can improve access to new housing areas. It can also support the growth of real estate markets when better roads and public services connect new developments to major cities.

However, rising costs remain a major concern for the construction industry. Higher energy, transport and material costs can increase the cost of building homes.

Developers also face higher financing costs when interest rates and other economic pressures rise. These factors can make affordable housing more difficult for many Nigerians to access.

Tinubu’s Economic Reforms

President Bola Ahmed Tinubu announced the removal of the petrol subsidy in May 2023. His administration also liberalised the foreign exchange market in June 2023.

Both reforms changed the cost of fuel and the value of the naira. Petrol prices rose sharply after the subsidy ended, while the naira experienced major fluctuations.

The reforms have since affected households, businesses and government finances.

The latest figures provide more detail on the financial impact of the subsidy decision. They also show how the government has used additional resources while managing rising spending needs.

For Nigeria’s housing and infrastructure sectors, the allocation of public funds remains important. Government investment can support infrastructure that makes housing development possible.

At the same time, the government must balance infrastructure needs with debt payments, wages and other financial obligations.

The N15.8 trillion breakdown therefore offers a clearer picture of the fiscal impact of fuel subsidy removal. It also highlights the financial pressures facing the government as it funds infrastructure and other public needs.

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The Federal Government has announced plans to integrate internal drainage systems and service lanes along specific sections of the ongoing Lagos-Calabar Coastal Highway. This infrastructure modification aims to mitigate the severe seasonal flooding affecting several residential communities located along the construction corridor. Minister of Works, David Umahi, made this disclosure during a comprehensive assessment tour of Section One of the mega road project, following directives from President Bola Tinubu to investigate public concerns raised over environmental impacts.

During the joint inspection with federal lawmakers, environmental consultants, and construction partners, officials observed that the current flooding problems stem largely from human interference rather than the road design itself. Technical evaluations revealed that numerous natural drainage channels and critical water retention basins, including parts of the Kuramo Lagoon, had been systematically reclaimed through illegal sand-filling. Consequently, the Ministry of Works has halted these unauthorized reclamation activities and ordered dredging operations to restore the natural carrying capacity of the waterways.

The administration dismissed online claims blaming the new arterial route for recent ecological disruptions, clarifying that structural challenges in nearby estates predate the highway project. At Alpha Beach, engineering assessments indicated that many residential foundations were built below proper flood-level projections without adequate environmental impact consideration. To create functional access and proper water channeling, the government will deploy strategically positioned culverts, though the addition of these necessary service roads may require removing certain structures encroaching on the right-of-way.

To ensure fairness, the federal authorities are collaborating with the Lagos State Government to verify property approvals, pledging that equitable compensation will be paid to valid property owners where displacement is unavoidable. Meanwhile, infrastructure experts defended the ongoing shoreline protection works being executed by the contractor, comparing the reclamation method to the successful model used for Eko Atlantic City. This specialized engineering approach is expected to shield vulnerable communities from escalating coastal erosion, ocean surges, and rising sea levels.

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President Bola Tinubu has authorized a massive infrastructure intervention package totaling approximately N883 billion for federal road and bridge projects across Kwara State. The extensive funding approvals come on the heels of strategic and sustained lobbying efforts by Governor AbdulRahman AbdulRazaq to attract critical socio-economic developments to the North Central region.

The financial centerpiece of this intervention is the N276 billion dualization of the Ilorin–Ogbomoso Road, which serves as a vital transit corridor connecting Kwara and Oyo states. This major expansion is projected to significantly alleviate gridlock, reduce travel times, enhance commuter safety, and stimulate commercial trade along one of the most high-traffic routes in the zone.

Additionally, the President sanctioned N265 billion for the complete reconstruction of the cross-regional Iseyin–Eruwa–Agbesi Road. Another N217 billion has been earmarked to dualize the old road alignment spanning from Ijaye through the Federal Government College to Ilorin, including a connecting spur to Akinmorin.

Further funding includes N104 billion dedicated to rehabilitating Sections 1 and 2 of the long-neglected Ilorin–Omorin–Egbe–Kabba–Obajana Road linking Kwara to Kogi State, which has required severe structural repairs for nearly a decade. Finally, to tackle internal municipal gridlock within the state capital, a specialized N21 billion fund was approved to build a modern flyover at the highly congested Oko-Olowo Junction.

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The Nigerian Institute of Town Planners (NITP) has called for deeper collaboration with the Federal Character Commission (FCC) to strengthen infrastructure planning, promote balanced national development and create more employment opportunities for professional town planners across Nigeria.

The appeal was made during a courtesy visit by the NITP National President, Dr. Chime Ogbonna, and members of the institute’s leadership to the Executive Chairman of the Federal Character Commission, Mrs. Hulayat Motunrayo Omidiran, in Abuja.

Speaking during the meeting, Ogbonna said both institutions share a common objective of ensuring equitable and sustainable development across the country.

He explained that while the NITP is responsible for preparing national physical development plans, regional development frameworks and urban master plans, the FCC plays a critical role in ensuring the fair distribution of public infrastructure, opportunities and resources across Nigeria’s 36 states and the Federal Capital Territory.

The NITP president urged the commission to strengthen its technical capacity by recruiting more professional town planners and engaging consultant planners to provide expert guidance on the location and development of major government projects.

According to him, involving qualified town planners in infrastructure planning would ensure that projects align with approved master plans, enhance service delivery and support orderly physical development nationwide.

Ogbonna also expressed concern over reports that positions reserved for town planners in some public institutions were being occupied by professionals from unrelated disciplines.

He called for greater recognition of the profession in public sector recruitment and appointments, stressing that proper urban and regional planning remains essential for sustainable development.

Responding, FCC Executive Chairman, Mrs. Hulayat Omidiran, welcomed the delegation and reaffirmed the commission’s willingness to collaborate with the institute.

She acknowledged the technical expertise of town planners and noted that the commission would benefit from professional input in ensuring that infrastructure projects are aligned with existing master plans and national development priorities.

Omidiran stated that the FCC remains committed to engaging professional bodies whose contributions support national growth and development.

She added that effective planning and stronger institutional collaboration are critical to managing the rapid expansion of Nigeria’s cities and communities while ensuring sustainable development outcomes.

The meeting was attended by FCC commissioners representing Taraba and Lagos states, as well as senior officials of the NITP, including the Second National Vice President, Tpl. Dr. Garba Jibrin; National Secretary, Tpl. Dr. Zayyanu Muhammad; Chairman of the NITP Presidential Committee on Youth Employment, Tpl. PK Lami Ayuba; Acting Executive Secretary, Tpl. Jide Bananola; and representatives of the Young Planners Forum of the FCT Chapter.

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President Bola Ahmed Tinubu says the Federal Government is executing infrastructure projects on an unprecedented scale, with more than 2,700 kilometres of highways and major roads currently under construction, reconstruction or rehabilitation across Nigeria.

Speaking during a nationwide address marking the third anniversary of his administration, the President said the investments are aimed at improving connectivity, boosting economic activity, creating jobs and enhancing living standards.

2,700km of Roads Under Construction Nationwide

Tinubu said major road projects are ongoing across the country, including:

• Lagos-Calabar Coastal Highway
• Sokoto-Badagry Super Highway
• Abuja-Kaduna-Zaria-Kano corridor
• East-West Road

He noted that several sections of these projects are already completed or nearing completion, with the goal of improving regional trade and strengthening national logistics networks.

The administration says the road programme is part of a broader effort to modernise transport infrastructure and address long-standing connectivity challenges affecting economic growth.

Renewed Hope Housing Programme Delivers Over 10,000 Units

In the housing sector, Tinubu said the Renewed Hope Housing Programme and the Federal Housing Authority (FHA) are delivering more than 10,000 housing units across 14 states and the Federal Capital Territory.

Major Renewed Hope Cities in Abuja, Lagos and Kano are also progressing steadily.

According to the President, the housing programme has generated over 300,000 jobs, largely through construction-related activities, materials supply and associated services.

Energy Sector Investments Expand Refining and Gas Capacity

Tinubu disclosed that the $5 billion Nigeria LNG Train 7 project is nearing completion, with expectations of boosting gas production and export capacity.

He also said ongoing investments in modular and large-scale refineries are reducing Nigeria’s dependence on imported petroleum products and easing pressure on foreign exchange.

On electricity, the President said reforms are being implemented to address legacy debts, expand transmission infrastructure and support renewable energy development.

Rail Modernisation to Boost Connectivity

The administration also confirmed continued rail modernisation projects aimed at improving national logistics and transport efficiency.

Tinubu said improved rail systems will reduce transportation costs, strengthen economic integration and enhance movement of goods and passengers across the country.

Infrastructure Linked to Economic Reforms

The President linked the infrastructure drive to broader economic reforms introduced since 2023, including fuel subsidy removal and foreign exchange unification.

He acknowledged the inflationary impact of the reforms but maintained that they have strengthened public finances, improved investor confidence and created a more stable economic foundation.

Impact on Housing and Urban Development

Experts say the infrastructure push could significantly reshape Nigeria’s housing and real estate sector by opening new growth corridors and increasing demand for residential developments.

Improved roads, rail systems and energy access are expected to drive urban expansion, raise land values and stimulate private sector investment in housing.

President Tinubu’s announcement underscores a large-scale infrastructure agenda spanning roads, housing, rail and energy. With over 2,700 kilometres of road projects underway and major housing and energy investments in progress, the administration says it is laying the foundation for long-term economic transformation.

As implementation continues, attention will remain on delivery timelines, financing sustainability and the real impact on households, businesses and national development outcomes.

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President Bola Ahmed Tinubu has announced that his administration is executing infrastructure projects on an unprecedented scale, with more than 2,700 kilometres of highways and major roads currently under construction, reconstruction, or rehabilitation across Nigeria.

He made the disclosure during a nationwide broadcast on Friday, where he outlined key achievements in infrastructure, housing, energy, and transport sectors under his administration.

Major Road Projects Across Nigeria

Tinubu listed several flagship road projects currently underway, including the Lagos–Calabar Coastal Highway, Sokoto–Badagry Super Highway, Abuja–Kaduna–Zaria–Kano corridor, and the long-standing East–West Road.

According to him, significant portions of these projects have already been completed or are nearing completion, with expected benefits including improved regional trade, reduced travel time, and job creation across multiple states.

He added that the scale of ongoing road construction reflects a deliberate effort to modernise Nigeria’s transport infrastructure and strengthen economic connectivity nationwide.

Housing Expansion Under Renewed Hope Programme

On housing, the President said the Renewed Hope Housing Programme, in collaboration with the Federal Housing Authority (FHA), is delivering more than 10,000 housing units across 14 states and the Federal Capital Territory.

He noted that major Renewed Hope Cities in Abuja, Lagos, and Kano are progressing steadily, describing the initiative as a major driver of employment generation, with over 300,000 jobs reportedly created through the programme.

Energy Sector Investments and Refining Capacity

In the energy sector, Tinubu said the $5 billion Nigeria LNG Train 7 project is nearing completion, adding that it will significantly boost Nigeria’s LNG production capacity and export earnings.

He also disclosed that increased domestic refining capacity, including modular refineries, is helping to reduce Nigeria’s dependence on imported petroleum products while conserving foreign exchange.

Power Sector and Rail Modernisation

The President stated that his administration is actively clearing legacy debts in the power sector, expanding transmission infrastructure, and investing in renewable energy sources.

He maintained that a stable power supply remains central to Nigeria’s economic growth and industrial development.

Tinubu also confirmed that rail modernisation projects are ongoing across the federation to enhance logistics, improve transportation efficiency, and promote economic integration between regions.

Economic Outlook and National Development

The President said the ongoing reforms and infrastructure investments are designed to ensure that “the benefits of reform are felt more directly in the daily lives of ordinary Nigerians.”

While acknowledging the scale of challenges ahead, Tinubu described the national development agenda as ambitious but necessary for long-term stability and economic transformation.

He reaffirmed his administration’s commitment to sustained infrastructure development, job creation, and inclusive economic growth across all sectors of the economy.

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Residents and businesses across the Federal Capital Territory (FCT) continue to face severe water shortages despite billions of naira invested in water infrastructure projects, forcing many households in Abuja to rely on boreholes, water tankers and vendors for daily supply.

Findings show that rapid urbanisation, aging infrastructure, incomplete transmission networks, climate pressures, operational inefficiencies and governance challenges are driving the persistent crisis.

Over ₦155 billion has reportedly been committed to water projects in the FCT, including the $470 million (about ₦65 billion) Greater Abuja Water Supply Project and the rehabilitation of the Phase II Water Treatment Plant at the Lower Usuma Dam.

Other projects include the ₦90 billion Bwari Township Water Supply Project, alongside rural water expansion schemes across FCT Area Councils supported through Chinese financing and UNICEF partnerships.

Despite these investments, large parts of Abuja still experience unreliable water supply.

Former Executive Director of the FCT Rural Water Supply and Sanitation Directorate, Mohammed Dan-Hassan, said infrastructure development has not matched the pace of population growth and urban expansion.

He noted that migration, insecurity and rapid settlement growth have placed increasing pressure on existing water systems across the territory.

“The rate of influx is not commensurate with the rate of development. People flood the capital territory, and it is overstretching the available facilities,” he said.

According to him, while treatment plants at the Lower Usuma Dam have significant production capacity, distribution remains the biggest bottleneck.

He explained that water production cannot translate into effective supply due to incomplete transmission pipelines to expanding districts.

“You can produce water, but where will you take it to?” he asked.

The Greater Abuja Water Supply Project, largely executed by Chinese contractors, is expected to extend trunk pipelines and transmission systems to underserved areas along the Airport Road corridor and satellite towns such as Lugbe, Lokogoma and Karsana.

However, many of these communities remain outside the central water network pending completion of transmission lines, reservoirs and service connections.

As a result, many residents have turned to groundwater through private boreholes, a development experts warn may pose long-term environmental and health risks due to limited regulation and water quality monitoring.

Dan-Hassan estimated that water supply coverage in the FCT currently stands between 60 per cent and 65 per cent, leaving a significant portion of residents without reliable access to pipe-borne water.

Shortages are most severe in satellite towns such as Lugbe, Kubwa, Nyanya, Gwagwalada, Sauka and Goza, where residents report prolonged periods without public water supply.

In several communities, households spend thousands of naira weekly purchasing water from vendors.

A resident of Aco Estate, Aisha Musa, described the situation as “suffering in silence,” while others warned of increased health risks from dependence on shallow wells and unregulated boreholes.

Experts also cited illegal connections to trunk pipelines as a major factor affecting distribution efficiency, reducing water pressure before it reaches reservoirs and end users.

Vandalism and tampering with infrastructure have further increased maintenance costs and disrupted supply systems.

Climate variability is also compounding the crisis, with reduced rainfall and sedimentation affecting storage capacity at the Lower Usuma Dam. Authorities have introduced inter-basin water transfer from the Gurara Dam in Kaduna State to supplement supply during dry periods.

Groundwater levels are also declining, with experts noting that borehole drilling depths have increased significantly over the past two decades due to reduced recharge rates linked to climate change.

Water governance expert and National Coordinator of the Society for Water and Sanitation (NEWSAN), Attah Benson, said the crisis reflects long-standing institutional and management challenges.

“The issue of water shortage in the FCT has been a long one. Government keeps making excuses, but citizens cannot live without water,” he said.

He warned that continued shortages expose residents to unsafe water sources, disease outbreaks, productivity loss and rising healthcare costs, with women and children most affected due to the burden of water collection.

BusinessDay findings also revealed operational challenges within the FCT Water Board, including irregular billing, system limitations and difficulties in accessing customer records.

Officials reportedly attributed some of the challenges to procurement delays, shortages of treatment chemicals and outstanding electricity debts affecting water facilities.

Experts say while rehabilitation and expansion projects are ongoing, meaningful improvement will depend on faster infrastructure delivery, stronger institutional coordination and better protection of water assets.

Without urgent intervention, they warn that the gap between water demand and supply in Abuja may continue to widen despite ongoing investments.

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Nigeria’s Federal Executive Council (FEC) has approved infrastructure projects worth over N7 trillion, marking one of the largest single approvals for road construction in the country’s history.

The projects, which cut across all six geopolitical zones, include major highways, bridge reconstructions, and strategic economic corridors aimed at boosting connectivity and national development.

Minister of Works, David Umahi, disclosed the approvals after a council meeting, noting that the projects align with the infrastructure agenda of President Bola Ahmed Tinubu.

Key Projects Approved

Among the headline projects is a N1.86 trillion extension of the Lagos-Calabar Coastal Highway through Akwa Ibom State, described as one of the most technically challenging sections due to swampy terrain.

The council also approved N548.98 billion for the complete demolition and reconstruction of the Carter Bridge in Lagos after structural assessments confirmed severe deterioration.

Another major approval includes a N1.79 trillion section of the Sokoto-Badagry Expressway, a 360-kilometre corridor expected to be partly funded through external financing and operated as a toll road.

Reviving Abandoned and Delayed Projects

Umahi revealed that the government has restructured several inherited projects that failed to deliver results.

One such project is the Suleja-Minna road, previously handled under a tax credit scheme but stalled for years. The project has now been split into two contracts worth N91 billion and N93 billion, respectively.

The reconstruction of the Mando-Birnin Gwari road in Kaduna State, valued at N178.12 billion, was also approved, fulfilling a campaign promise tied to improving northern connectivity.

Why Carter Bridge Must Be Rebuilt

The Minister explained that multiple engineering investigations carried out over the years confirmed that the Carter Bridge had reached a critical structural stage.

He noted that underwater components had deteriorated significantly, making rehabilitation impossible.

The new design will expand the bridge from 1.525 kilometres to 1.93 kilometres, including additional flyover ramps to reduce traffic congestion.

Strategic Economic Impact

The government says the projects are designed to stimulate economic growth, improve logistics efficiency, and create jobs nationwide.

According to Umahi, the cost of the Sokoto-Badagry Expressway—estimated at N3.2 billion per kilometre—compares favourably with previous projects like the Abuja-Kano highway.

He also disclosed that the project attracted strong international investor interest, with financing offers exceeding expectations.

Additional Projects Across States

Other approved projects include:

Ibadan–Ijebu-Ode road dualisation (N295bn)

Oshogbo–Akoda–Bunga road (N101bn)

Oshogbo–Iwo–Ibadan road (N114bn)

Yobe–Gombe road project valued at N1.25 trillion

In the South-South region, a Bodo-Bonny road extension valued at N151 billion was also approved to improve access to key oil and gas infrastructure.

Projects Ready for Commissioning

Umahi further revealed that several completed projects will be commissioned ahead of Tinubu’s third anniversary in office.

These include sections of the Lagos-Calabar Highway, the Abuja-Kaduna road corridor, and multiple bridge and expressway upgrades nationwide.

Outlook

The scale of the approvals signals an aggressive push by the Federal Government to address Nigeria’s infrastructure deficit.

Analysts say the success of these projects will depend heavily on execution speed, funding transparency, and long-term maintenance strategies.

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Nigeria’s infrastructure investment is projected to rise significantly over the next two decades, with annual spending expected to reach $40 billion by 2050, according to a new report by PwC.

The firm’s Global Infrastructure Outlook places Nigeria as Africa’s largest infrastructure market, ranking 23rd globally in investment potential. The projection reflects a 77 percent increase from current spending levels, driven by expanding demand across key sectors.

Growth Outlook Backed by Demographics and Urbanisation

The report attributes Nigeria’s long-term growth trajectory to rapid population expansion, accelerating urbanisation, and rising demand for modern infrastructure systems.

These structural drivers are expected to sustain Nigeria’s leadership position within Africa’s infrastructure landscape, even as other emerging markets scale up investments.

Africa, in general, is projected to record the fastest infrastructure investment growth globally through 2050, reinforcing Nigeria’s strategic importance on the continent.

Power, Transport, and Digital Systems Lead Expansion

Infrastructure growth will be concentrated in three primary sectors: power, transport, and digital infrastructure.

Power investment is expected to expand the fastest, rising by 187 percent—from $1.1 billion in 2024 to $3.2 billion by 2050. This reflects ongoing efforts to address electricity shortages, improve grid stability, and support industrial productivity.

Transport infrastructure is also set to attract substantial capital as Nigeria continues to develop road networks, rail systems, and logistics corridors to boost trade and economic activity.

Digital infrastructure is emerging as a critical priority, with increasing investments in data centres, connectivity, and smart systems shaping future development strategies.

Global Investment Trends Provide Context

Globally, infrastructure spending is expected to grow from $4.4 trillion in 2024 to $6.9 trillion by 2050, with cumulative investment reaching $151.1 trillion.

This expansion is driven by major economic shifts, including electrification, digital transformation, and urban development.

For Nigeria, aligning with these global trends will be essential to attract long-term capital and remain competitive in international markets.

Funding Gap Remains a Major Constraint

Despite the positive outlook, Nigeria faces significant funding challenges in achieving the projected $40 billion annual spending level.

Current infrastructure deficits remain wide, with financing needs exceeding government budget capacity.

PwC highlights public-private partnerships (PPPs) as a critical mechanism for closing this gap, enabling collaboration between government and private investors to deliver large-scale projects.

However, key risks persist, including regulatory uncertainty, institutional inefficiencies, and historical delays in project execution.

Implications for Investors and Policymakers

For investors, the report signals strong long-term opportunities in infrastructure assets, particularly in power, transport, and digital sectors where demand continues to grow.

For policymakers, the findings underscore the need for consistent regulatory frameworks, improved project execution capacity, and innovative financing models.

Delivering on these projections will require coordinated planning and sustained reform efforts to translate investment potential into measurable development outcomes.

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