Lagos–Abuja Super Highway Awaits FEC Nod as Investors Finalise $5bn Project Plans

 

By Kayode Olopade 

Investors behind the ambitious Lagos–Abuja Super Highway Project have disclosed that all is set for the commencement of the 470-kilometre road, pending final approval by the Federal Executive Council (FEC).

The project, valued at $5 billion, is designed to cut travel time between Nigeria’s commercial hub, Lagos, and the Federal Capital Territory, Abuja, from about 12 hours to just four hours. It will be delivered under a public-private partnership arrangement and operated as a toll road.

Chief Kenny Martins, leader of the consortium and Chairman of AEC Unity Network Limited, told journalists that preliminary works—including design studies and regulatory approvals—had been concluded. What remains, he said, is the green light from the FEC to mobilise contractors to site.

“What is left now is for FEC to give us the needed approval for the take-off and flag-off of the project,” Martins said. “We have assembled capable and competent advisers, financiers, and consultants to execute this landmark highway that will link our economic and political capitals.

According to Martins, the super highway will not only reduce travel time and cost for commuters but also unlock economic opportunities across the states along its corridor, including Lagos, Ogun, Oyo, Osun, Ekiti, Kwara, Kogi, Niger, and the FCT.

“The highway will open up rural communities, stimulate commerce, and provide a convenient alternative route for travellers connecting other states along the stretch,” he explained.

He further revealed that the consortium plans to create spurs to Ondo State and Baro Port in Niger State, enhancing the viability of both the road and regional transport systems. Talks are already ongoing with the Niger State Government on the Baro Port link.

The project is being spearheaded by a team of top Nigerian and international firms

Ebele Igwe, Group Head, Special Projects at UBA, reaffirmed the bank’s commitment:

“We have supported several infrastructure projects in Nigeria. This will be a landmark project, and we are proud to be part of it.”

Similarly, United Capital Plc’s Managing Director, Dr. Gbadebo Aderele, expressed confidence in the project’s financial structure

 “We believe and know that the project has what it takes to attract the required funding. Upon FEC’s approval, mobilisation to site will begin without delay.”

Martins commended the Minister of Works, Senator Dave Umahi, as well as officials in the Presidency and relevant ministries for their support so far. He stressed that the consortium remains committed to delivering a world-class infrastructure that will redefine road travel in Nigeria.

Once approved, the Lagos–Abuja Greenfield Super Highway will be one of the most ambitious road projects in Africa, reinforcing Nigeria’s push for modern infrastructure under a PPP framework