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ECONOMIC FEASBILITY STUDYEconomic feasibility study for the Federal Roads Development Project in NigeriaBy (name)Students nameProfessorCourse codeUniversityThe city and state where it is locatedDate1ECONOMIC FEASBILITY STUDY2Executive summaryA well-known international consulting firm performed the feasibility study for the FederalRoads Development Project in Nigeria. This research will focus on the analysis of the FederalRoads Development Project in Nigeria in terms of finances and economic evaluation. TheFederal Roads Development Project in Nigeria's main objective was to reduce passenger travelduration, vehicle-operating expenses, and traffic-related amenities. Likewise, the projectfocused on improving the intercity roads and transportation systems in the Oyo and Osunstates. The project focused on the reduction of transportation expenses and improved roadnetwork conditions. The project focused on assisting the federal government of Nigeria inmanaging Nigeria's national road assets in an effective strategy. The project team leader for theFederal Roads Development Project in Nigeria was Tesfamichael Nahusenay Mitiku. Thisproject was approved on April 3, 2008, and the total project expenses were US$ 365.00 million.The project-implementing agency was ST EE. However, the commitment amount was US$330.00 million.The pre-feasibility research was done on aspects of preliminary layout, financialanalysis, and risk assessment for The Federal Roads D ...


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