• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Economy Budget

2025 budget: FG allocates N15 billion for Benin-Akure-Ilesha Road dualization project 

Caleb Obiowo by Caleb Obiowo
January 9, 2025
in Budget, Economy, Real Estate and Construction, Sectors
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu 
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government has allocated N15 billion for the dualization of the Benin-Akure-Ilesha road, a new infrastructure project covering a total length of 150.7 kilometers.

This initiative, part of the Ministry of Works’ budget within the proposed N49.74 trillion 2025 budget, includes two phases: Phase I focuses on rehabilitating the existing Benin-Akure road, while Phase II will add a new lane to the existing carriageway.

This allocation is detailed in the 2025 Federal Government Final Budget Proposal.

RelatedStories

3 bank directors resign from NESG in protest to CBN immunity letter

Nigeria’s 2025 budget inadequately addressed electricity tariff reforms – NESG

April 28, 2025
NESG

NESG flags 2025 budget as grossly inadequate to meet Nigeria’s social and infrastructure demands 

April 28, 2025

In addition to the Benin-Akure-Ilesha road dualization, the Federal Government has earmarked significant funding for other key infrastructure projects in the 2025 budget.

These include the N15 billion allocated for the rehabilitation of failed sections of the Bauchi-Jigawa state border road, aimed at improving critical transportation links in the region.

Another major allocation is the N11 billion set aside for the reconstruction of the Shagamu-Ore road, a 96-kilometer route connecting Ondo and Ogun states. The N10.45 billion allocated for the dualization of the Akure-Ilesha road, spanning 66.15 kilometers, is also a significant part of the budget.

Furthermore, N9 billion has been earmarked for the construction of the Ukana-Ikot-Ntuen road in Akwa Ibom state, while N8 billion will go toward the rehabilitation of the Lagos-Abeokuta road, enhancing the key transport corridor between Lagos and Ogun states.

More insight  

Additional significant allocations include N8 billion for the construction of the Abak-Ekparakwa-Ete-Ikot-Abasi highway in Akwa Ibom state.

N7 billion will be invested in the construction of the Ugep road in Cross River state, and N6 billion will be used for the construction of the Oferekpe bridge, improving connectivity between Cross River and Ebonyi states.

  • Similarly, N6 billion has been allocated for the rehabilitation and dualization of the Ado-Ekiti-Afe Babalola University road, spanning 30.55 kilometers, and N5 billion for the construction of the Illara-Isolu road, which will enhance regional transport.
  • N4 billion has been allocated for the construction of a 23-span flyover bridge at Eke-Obinagu junction along the Enugu-Abakaliki road, and N4 billion will be used for the rehabilitation of Ogunusi Road in Ikeja, Lagos.
  • Additionally, N3 billion will go toward the dualization of the Abakaliki-Afikpo road, including flyover works, and N8 billion has been allocated for the construction of the Benin-Agbo road, improving access to Benin City.

These are just some of the new infrastructure projects that have received allocations in the 2025 budget for the Ministry of Works.

What you should know 

In September 2024, Minister of Works David Umahi announced that the Federal Government would prioritize the completion of four key road projects per geopolitical zone in 2025, focusing on finalizing ongoing initiatives rather than launching new ones.

  • This decision, Umahi explained, is a response to economic challenges, including inflation, the naira’s devaluation, and the removal of fuel subsidies, all of which have significantly increased infrastructure costs.
  • Umahi further pointed out that the Tinubu administration inherited 2,600 road projects valued at N13 trillion, emphasizing the need to streamline resources and focus on completing four major projects per zone to ensure the efficient delivery of critical infrastructure.
  • However, a review of the 2025 Federal Government Final Budget Proposal reveals a different picture. Despite Umahi’s statements, the documents indicate allocations for several new projects, in addition to ongoing ones, suggesting that the government’s approach includes both new and continuing infrastructure developments.

Follow us for Breaking News and Market Intelligence.
Tags: 2025 budgetBenin-Akure-Ilesha Road dualization
Caleb Obiowo

Caleb Obiowo

Caleb Obiowo is a graduate of Urban and Regional Planning from the University of Uyo. At Nairametrics, he covers transport and logistics in Nigeria, along with real estate, construction, and aviation. He focuses on delivering clear, easy-to-understand stories and often digs deeper into industry issues through conversations with key players.

Related Posts

3 bank directors resign from NESG in protest to CBN immunity letter
Energy

Nigeria’s 2025 budget inadequately addressed electricity tariff reforms – NESG

April 28, 2025
NESG
Economy

NESG flags 2025 budget as grossly inadequate to meet Nigeria’s social and infrastructure demands 

April 28, 2025
School Feeding programme: We have enrolled 9 million students - FG
Education

FG to relaunch school feeding programme in May, 10 million children to benefit

April 24, 2025
IMF Projects 3% economic growth rate for Nigeria in 2025 
Breaking News

IMF Projects 3% economic growth rate for Nigeria in 2025 

April 22, 2025
Sterling Bank CEO advocates for AI dev’t to maintain global competitiveness
Budget

Senate defends additional N170 billion National Assembly allocations in 2025 budget 

March 3, 2025
President Tinubu signs N70,000 new minimum wage into law 
Breaking News

Tinubu signs N54.9 trillion 2025 budget into law 

February 28, 2025
Next Post
How Currency Flunctuations Shape Your Life

Where Should Nigerians Invest N1 million This Year?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
access bank
nairametrics
Emple
Palmpay
first bank








DUNS

Recent News

  • Kaduna resident doctors to begin indefinite strike September 1
  • NAFDAC seals illegal cosmetic factory Shine Shine Skincare in Lagos over unsafe cosmetic production 
  • Nigeria’s 70% broadband goal at risk as NCC records decline again in July 

Follow us on social media:

Recent News

medical doctors, Primary Health Centres

Kaduna resident doctors to begin indefinite strike September 1

August 31, 2025
NAFDAC shuts down over 240 factories producing adulterated products, seals Aba’s Cemetery market again 

NAFDAC seals illegal cosmetic factory Shine Shine Skincare in Lagos over unsafe cosmetic production 

August 31, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics