FCTA eyes $1.5bn green investment to revamp Abuja’s energy and transport sectors

The Federal Capital Territory Administration (FCTA) is reportedly seeking a significant investment to upgrade Abuja’s energy and transport sectors, with a focus on green technologies. According to a report by Tribune Online, the investment is estimated at $1.5bn and is being sought from international partners. The modernisation of Abuja’s infrastructure is seen as crucial to addressing the city’s growing demands and improving the quality of life for its residents. The FCTA did not immediately confirm when the investment drive began or who the potential partners are. The report comes amidst growing concerns about the city’s infrastructure, with traffic congestion, power outages, and inadequate public transport being major issues. The proposed investment is expected to address these challenges and position Abuja as a modern, sustainable city. Read more on Tribune Online