The French president, Emmanuel Macron on a one-day visit to Nigeria, met with counterpart, Muhammadu Buhari, president of the republic of Nigeria at the Presidential Villa. Meeting on the 3rd of July, 2018, the two signed a loan agreement of $475 million for road projects in Lagos, Ogun and Kano states through the Agence Francaise de Development.
Both presidents witnessed the signing of a letter of intent for the financing of the urban mobility improvement programme initiated by the Lagos State government.
It was signed by the Agence Francaise de Development CEO, Remy Rioux, and the minister of Finance, Mrs. Kemi Adeosun, in the presence of Denys Gauer, the Ambassador of France in Nigeria.
The financial support is directed to mobility development activities such as:
Why the Nigeria, France mobility support agreement?
Following the earlier successful urban development of the second Lagos BRT bus project, already funded by Agence Francaise de Development, the current project is being financed to contribute to Lagos sustainable urban development through the deployment of a public transport network combining quality service, efficiency, accessibility, reliability, safety, reduction of polluting emissions and socio-economic and financial sustainability; giving 1,500,000 inhabitants access to quality transportation system; limiting road congestion; reducing an emission of 14,900 tons of CO, equivalent annually and thus improving the quality of the air; and creating stable jobs and initiating the professionalization of the informal operators of transport.
By Joseph Semuju
Community Manager - AMO
African Mobilities Observatory - AMO, MICHELIN.
Message was edited by: Joseph Semuju