FG, World Bank, and AFD to spend $575m on rural roads

Date:

Reading time: 1 Minute

The Federal Government has signed a tripartite agreement with the World Bank, and the French Development Agency to commit an envelope to the tune of $575m for the construction of rural roads in 13 states.

This is in a bid to advance infrastructure development across the country.

The project will see the construction of rural roads covering a total distance of 53,730km from 2022 to 2026.

According to the National Coordinator, Rural Access and Agricultural Marketing Project, Mr. Aminu Muhammed 12 of the 13 states have received the take-off disbursement for the swift commencement of the construction works.

He adds that the road intervention is aimed at returning prosperity to farmers across strata and gender, with youth and women being the primary target.

Mr. Mohammed however urged the shortlisted states to fast-track the processes of establishing a State Road Fund and a Rural Access Road Agency, stressing that their existence will give institutional and financial strength to the project, especially after completion.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

FG Launches Nationwide Dog Vaccination Campaign to Combat Rabies

The Federal Government has called on Nigerians to vaccinate...

Pelican Valley Expands Investment Drive to Canada, Targets Diaspora Investors

Pelican Valley Nigeria Limited has expanded its investment outreach...

Civil Society Group Hails Wike as Key Asset in Tinubu’s Cabinet for FCT Reform

A Civil Society Organisation, the **Centre for Transparency and...

Sowore Vows to Lead “Fearless October” Protests Against Bad Governance, Economic Hardship

Abeokuta, Ogun State - Omoyele Sowore, a renowned Nigerian...