ABU DHABI: Abu Dhabi Fund for Development (ADFD) has signed an agreement with the Nigerian government to develop Minna-Bida Road project worth $45 million (AED165 million).
The agreement was signed remotely by Zainab Shamsuna Ahmed, Minister of Finance, Budget, and National Planning of Nigeria and Mohamed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development.
According to details, the 82km road will feature two 7.3m-wide lanes. The road network will connect the capital of the state of Niger with the city of Bida. The said project is expected to reduce travel time by half and the cost of travel by 31 per cent.
Ms Zainab expressed gratitude for the crucial role that UAE was playing in bolstering economic activity in the country. She further claimed that the project will be a harbinger of growth and employment opportunities.
Holistically, the initiative will connect the southern and northern parts of the country through a road network that is in tandem with the National Transport Policy.
For news and blogs, visit Graana.com
Riyadh: Saudi Arabia will allow foreigners to own property in the Kingdom starting in 2026…
Islamabad: The federal government is planning to introduce a two-year development roadmap for the capital…
Rawalpindi: The Punjab Rural Municipal Services Company has launched a major development programme to upgrade…
Saudi Arabia’s annual inflation rate eased to 1.9 percent in November, down from 2.2 percent…
Dubai, UAE: Burj Mayfair Real Estate Brokers LLC has closed a nine-figure property transaction in…
Islamabad: The Monetary Policy Committee of the State Bank of Pakistan on Monday reduced the…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
