Since 1972, major transport sector projects have been carried out in Nigeria. Among these, 36.83 million Units of Account (UA), the highest amount, was committed to the Lekki Toll Road Project, approved in 2008. This project involved the development and widening of the existing 49.5-kilometer Lekki-Epe expressway and the installation of toll plazas. Moreover, around 34 million UA were committed to the Rural Access & Mobility Project, which was planned to be completed in December 2015, having been approved in July 2007. According to the source, this project aimed at building an adequate, low-cost, safe, environmentally responsible, and efficient transport system.
Commitment value of implemented and completed transport sector projects in Nigeria from 1972 to 2019
(in million Units of Account)
African Development Fund- and African Development Bank-financed
Supplementary notes
* Implemented project.
Figures have been rounded.
The release date is the date of data access.
The source notes the following:
"The Bank uses a unit of account (the “Unit of Account” or “UA”) equivalent to the IMF’s Special Drawing Right (SDR) as its reporting currency".
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AfDB. (June 3, 2022). Commitment value of implemented and completed transport sector projects in Nigeria from 1972 to 2019 (in million Units of Account) [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1312235/value-of-transport-sector-projects-in-nigeria/
AfDB. "Commitment value of implemented and completed transport sector projects in Nigeria from 1972 to 2019 (in million Units of Account)." Chart. June 3, 2022. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1312235/value-of-transport-sector-projects-in-nigeria/
AfDB. (2022). Commitment value of implemented and completed transport sector projects in Nigeria from 1972 to 2019 (in million Units of Account). Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1312235/value-of-transport-sector-projects-in-nigeria/
AfDB. "Commitment Value of Implemented and Completed Transport Sector Projects in Nigeria from 1972 to 2019 (in Million Units of Account)." Statista, Statista Inc., 3 Jun 2022, https://www.statista.com/statistics/1312235/value-of-transport-sector-projects-in-nigeria/
AfDB, Commitment value of implemented and completed transport sector projects in Nigeria from 1972 to 2019 (in million Units of Account) Statista, https://www.statista.com/statistics/1312235/value-of-transport-sector-projects-in-nigeria/ (last visited December 31, 2024)
Commitment value of implemented and completed transport sector projects in Nigeria from 1972 to 2019 (in million Units of Account) [Graph], AfDB, June 3, 2022. [Online]. Available: https://www.statista.com/statistics/1312235/value-of-transport-sector-projects-in-nigeria/
