Netherlands Investors Pledge €25 Million Grant for Crucial Bridge Construction in Nigeria

In a significant development, the Ministry of Works, representing the Federal Government, has successfully secured a €25 million grant to fund the construction of 28 vital bridges across Nigeria.

This milestone was revealed during a productive meeting held in Abuja on Friday, where a delegation of investors from the Netherlands, spearheaded by the Nigerian Ambassador to the Netherlands, Oluremi Oliyide, discussed plans to contribute further funding to boost the country’s economic development.

The announcement was made through a statement by the Special Adviser on Media, Orji Uchenna Orji, highlighting that Minister of Works, David Umahi, has concluded successful talks with Dutch investors to obtain funding for the construction of key bridges in Nigeria.

“The Minister of Works, David Umahi has finalized discussions with investors from the Netherlands to attract a grant of €25m for the construction of priority bridges in Nigeria,” the statement revealed.

The Minister emphasized the potential for collaboration on various projects, expressing the importance of securing the grant for the identified bridges. “We have a number of projects that we can do together. But I think the best thing to do is to conclude this one, which is a grant, then get the process started, and at the point of agreement and project selection, we shall refer to Mr. President for his approval,” he stated.

During the meeting, the Nigerian Ambassador to the Netherlands shed light on the purpose of the delegation’s visit, stating that they were exploring an opportunity presented by Janson Bridging International for investments in Nigeria’s road infrastructure.

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“Janson Bridging is the largest modular bridge manufacturing and bridging company in continental Europe and the largest bridge rental company in the world,” he added.

This collaboration between the Nigerian government and Dutch investors marks a positive step towards addressing critical infrastructure needs in the country. The €25 million grant is expected to play a pivotal role in the construction of essential bridges, contributing to improved connectivity and economic development in Nigeria. The successful negotiation reflects the commitment of both nations to fostering international partnerships for sustainable infrastructure projects.