Sunday, February 9, 2025

AEC Unity Network and AEC-Geofocus Consortium Clash Over Abuja-Lagos Super Highway

AEC Unity Network Limited, the officially recognized concessionaire for the Abuja-Lagos Super Highway and High-Speed Train projects, has denied any association with AEC-Geofocus Consortium (Geofocus), citing that Geofocus has no role in the planning, financing, construction, or operation of the 470-kilometer superhighway and high-speed rail projects.

In a statement released on Sunday, AEC Unity Network emphasized that it is the sole concessionaire authorized by the Federal Government of Nigeria, having received approvals from the Federal Ministry of Works, the Federal Ministry of Finance, and the Infrastructure Concession Regulatory Commission (ICRC).

Barrister Ayodeji Ademola, legal consultant for AEC Unity Network, stated that AEC-Geofocus has no basis to make claims related to the Super Highway project, as it was not involved in the project’s conception.

AEC Unity Network reaffirmed its role as the sole concessionaire authorized by the Federal Government to design, finance, construct, operate, and maintain the 470-kilometer superhighway and high-speed rail linking Abuja and Lagos. The company’s approvals are from the Federal Ministry of Works, the Federal Ministry of Finance, and the Infrastructure Concession Regulatory Commission (ICRC).

The denial comes after Engineer Mutiu Yinka Idris, claiming to be Director of Operations for AEC-Geofocus, asserted that AEC-Geofocus was in charge of the project for the federal government.

Idris stated that AEC-Geofocus had attracted $16 billion from Middle Eastern investors, with additional interest from European financial institutions and the World Bank. He also claimed that the financial framework was designed to minimize government expenditure and prevent cost overruns.

However, AEC Unity Network expressed surprise at AEC-Geofocus’s claims, stating that they are “spurious and false.” The company warned investors and the public to disregard any media advertisements or reports from Geofocus, describing them as unauthorized and misleading.

See also
Lagos Prepares for Dangote Refinery Operations

AEC Unity Network urged local and foreign investors to verify information only through its official channels and avoid engaging with Geofocus on matters relating to the Abuja-Lagos Super Highway and High-Speed Train projects. The company reiterated its commitment to transparency and professionalism, urging the public to engage only through its official channels for accurate information about the projects.

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