The Federal Government spent N6.47 trillion on strategic infrastructure development between June 2023 and December 2025, with major highway projects accounting for more than half of the expenditure.
An analysis of the newly released Federal Government’s Nigeria Reform Scorecard on savings from fuel subsidy, titled “The Benefits, Costs and Harm Prevented,” on Sunday showed that the Lagos-Calabar Coastal Highway received the highest allocation among selected strategic infrastructure projects, with N2.23tn disbursed to fund its construction.
The Sokoto-Badagry Superhighway followed with N1.11tn, while N489.3bn was paid for the Trans-Sahara Superhighway. Checks showed that the three highway projects alone accounted for about N3.83tn of the N6.47tn infrastructure spending captured in the government’s reform scorecard.
The report covered the period between June 2023 and December 2025 and detailed how the Federal Government deployed additional fiscal resources generated or made available during the period of its economic reforms.
According to the scorecard, the government recorded an incremental expenditure of N30.64tn, with strategic infrastructure development accounting for N6.47tn.
On Wednesday, the Federal Government revealed it spent N30.64tn as government expenditure to ease the effect of petrol subsidy and other sweeping economic reforms, while the policies generated N15.8tn in savings for the Federation.
The development came as the Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed that the removal of petrol subsidy and the unification of the foreign exchange market mobilised N15.8tn in additional resources for the Federation during the period.
Oyedele said, “Between June 2023 and December 2025, subsidy savings mobilised a sum of N15.8tn in resources for the Federation. Many people will say, ‘Where is the subsidy saving?’ As a matter of fact, there wasn’t any line in the Federation Account with the description, ‘subsidy savings.’
“So, the subsidy savings showed up in the form of higher collection by Customs because, for every one dollar of import duty before, at N460, it became one dollar at N1,004, N1,003, N1,005. The NRS, Petroleum Profit Tax that it collected before, same dollar, higher amount in naira. So, the savings showed up in the Federation accounts by way of higher revenue collections as a result of the reforms.”
A further analysis of the documents showed that the Lagos-Calabar Coastal Highway, one of the four legacy road projects of the current administration, received N2.23tn, accounting for about 34 per cent of the total N6.47tn spent on strategic infrastructure during the period.
The Sokoto-Badagry Superhighway followed with N1.11tn, while N489.3bn was paid for the Trans-Sahara Superhighway. Other major payments included N366bn for road emergency intervention projects and N304.2bn for the Abuja-Kaduna-Kano Road, Section II.
The Federal Government also spent N291.3bn on the Lekki Deep Sea Port Access Road, N250bn on the Renewed Hope Smallholder Support programme and N228.4bn on the Ilesha-Akure-Benin road section.
The scorecard further listed N124.7bn for the construction of 1,550 housing units for Nigerian Armed Forces personnel and N109.9bn for Operation Lake Sanity, a multinational security operation.
The Ministry of Finance, in the scorecard, stated that the infrastructure interventions were aimed at addressing long-standing constraints to investment and economic growth.