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Top ongoing mega projects in Nigeria

By

Anita Anyango

-

Modified date: Dec 4, 2020



Nigeria’s economy is particularly robust. The West African state continues to enjoy healthy growth to the tune of 5-6% annually, and this looks set to continue in the near future. Nigeria is also Africa’s largest economy by some margin – its GDP hit US $569bn billion in 2014 and this can be attributed to the much developments taking place in the country.

With significant investment, the construction industry continues to boom. Here are of the top ongoing mega projects in Nigeria to watch in the near future.

Lagos-Calabar Railway US $11bn

1,400-kilometres long and at the cost of US $11bn, the Lagos-Calabar railway is one of Africa’s most ambitious projects. The rail project will link Lagos in the west to Calabar in the east, while also connecting the cities of Port Harcourt, Uyo, and Aba along the way. Once completed, this transportation network will significantly enhance the movement of goods and services across the region.

Eko Atlantic

Finally, Nigeria has its own smart city, mega project (and one that I’m personally involved with) called Eko Atlantic. This new coastal city is being built on Victoria Island adjacent to Lagos, Nigeria. It is a focal point for investors capitalizing on rich development growth based on massive demand – and it’s a gateway to emerging markets of the continent.

The proposed Eko Atlantic is expected to accommodate at least 250,000 residents of the city on the project completion. The Eko Atlantic project extending over 9 square kilometres and is also expected to have positive effects in restoring and protecting the state shoreline. At 7km and 40 metres wide, the islands’ walkway will be the longest in the world

Lagos Light Rail US $1.12 – US $30bn

Lagos Light Rail is a light rail system, the first of its type in this region of Africa, is envisaged to eventually consist of seven lines (Red, Blue, Green, Yellow, Purple, Brown and Orange). T

One love to mineral and petroleum engineering student
16/12/2019

One love to mineral and petroleum engineering student

01/11/2019
13/10/2019

Government of Nigeria now depends on petroleum only when they are blessed with so many minerals. Which does not suppose to be. Pls my excellence president Muhammadu buhari this is an advice from the student of mineral resources and petroleum engineering student, try to look unto those important mineral and provide an industries for more work to take place in Nigeria and also to decrease the rate of unemployment in Nigeria. or renovate some of those companies that has gone down e. g ajaokuta mining steel kogi state. We will be grateful if our request is considered.
Thanks

08/10/2019

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