Named capital projects — roads, rail, power, hospitals, schools — funded during the 2007–2010 term. Tracks whether the allocated budget actually built the named thing, and how far it got.
3
Total projects
0
Completed
0
Ongoing
3
Stalled or abandoned
Abandoned
What it is
The Federal Executive Council awarded a 25-year build, operate and transfer concession for the Lagos–Ibadan Expressway to Bi-Courtney in May 2009, to be financed by tolls. The contract was not reached financial close and the concession was not built out.
Progress & spend
Contractor: Bi-Courtney Highway Services
Abandoned
What it is
Nigeria's first communications satellite, built at a cost of about $450 million and launched on 13 May 2007 from Xichang on a Long March 3B. Operated by NigComSat.
Progress & spend
100% physically complete · Contractor: China Great Wall Industry Corporation (built); NigComSat (operator)
Stalled
What it is
A hydroelectric scheme in Taraba. In November 2007 Sunrise petitioned President Yar'Adua over the award. The $1.46bn EPC contract was terminated in 2009.
Progress & spend
0% physically complete · Contractor: Sunrise Power (original EPC contract)