The Federal Government of Nigeria, in partnership with Africa Plus Partners, has officially launched the 125km Benin–Asaba Expressway Project in Edo State. The dual-carriage, solar-lit superhighway is being fully financed by the private sector under a Public-Private Partnership (PPP) model, marking a major milestone in infrastructure development.
At the flag-off ceremony, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, emphasized the project’s financial backing. “What you see on the front page of the pamphlet will be delivered—because the cash is there,” he assured. “This is not reliant on direct federal funding. Africa Plus Consortium, backed by credible investors, has put forward the full capital commitment under the enabling policies of President Bola Tinubu.”
The initiative is a key component of the Tinubu administration’s Renewed Hope Agenda, showcasing how strategic partnerships can drive economic growth. Minister of Works, Senator David Umahi, highlighted the project’s innovative financing, describing it as a “cashless model.”
Representing the President, Edo State Governor, Senator Monday Okpebholo, praised the financing structure, calling the project a testament to investor confidence in Nigeria’s economy. “This is a legacy project. For private investors to commit their capital, it shows trust in the president’s vision and the future of our economy,” he stated.
Reaffirming the government’s commitment to sustainable infrastructure development, Mr. Edun noted, “This is just one of many projects that will be delivered week after week, month after month, through financial models that ensure transparency, efficiency, and speed.”
The Benin–Asaba Expressway is more than a road—it symbolizes a new era of infrastructure financing, where innovation and investor confidence pave the way for world-class development in Nigeria.