FG Pledges ₦1.3tn for South-East Roads and Bridges to Boost Growth
The Federal Government will invest over ₦1.3 trillion in strategic road and bridge projects across the South-East. The minister of finance made the announcement at the grand finale of the South-East Venture Capital Programme in Enugu. Key projects include the Second Niger Bridge access road, the Enugu-Onitsha corridor, the Enugu-Port Harcourt expressway, and the Enugu-Abakaliki dualisation. A priority rail link from Onitsha through Owerri and Aba to Ikot Ekpene is also planned to improve regional connectivity. Federal interventions now support over 86,000 MSMEs through the Development Bank of Nigeria’s ₦130 billion deployment. CreditCorp and the Nigerian Education Loan Fund have also provided financing to tens of thousands of entrepreneurs and students. Despite global uncertainties, Nigeria recorded 3.89 percent GDP growth in Q1 2026. The government says infrastructure renewal and reforms will diversify the economy, attract private capital, and create new opportunities for enterprise in the South-East.
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