Country
Nigeria
Sector
Infrastructure
Intelligence Type
Procurement
Status / Stage
In Execution
Estimated Value
USD 250000000
Confidence
Confirmed
Latest Development
Construction is well underway across multiple sections. Section 1 (47.47km) was partially opened to traffic in December 2025. Sections 3A, 3B and the Akwa Ibom section are all under active construction. This record should no longer be Planned — the contract was awarded and is in active execution
Procurement Details
Procurement TypeWorks
Procurement MethodOpen Tender
Buyer TypeGovernment
Procurement / Tender Reference No.FMW/2026/014
Funding SourceFederal Budget; Deutsche Bank-led syndicate
Tender Publication DateJanuary 2026
Bid Submission DeadlineMarch 2026
Contract Duration24 months
Key Issues / Risks
Award process and the contractor's reported ties to the presidency have drawn public and legislative scrutiny; no public tender reference exists for this contract.
Latest Development (Detail)
Construction ongoing; Section 2 (Eleko-Lagos/Ogun boundary) approximately 60% complete as of mid-July 2026 per the Minister of Works.
Stakeholder Intelligence
Procuring EntityFederal Ministry of Works
Winning Bidder / ContractorHitech Construction Company
Other Bidders / ParticipantsNone disclosed — awarded without competitive bidding
Capital & Financing Intelligence
Contract ValueUSD 11000000000
Procurement & Contract Outlook
Related ProjectPresident Bola Ahmed Tinubu Coastal Highway
Commercial Opportunity Intelligence
Commercial ReadinessVery Early