News

Nigerian govt approves N80 billion for road construction

27 March 2017

The federal government last Wednesday approved N80 billion for the construction of roads across 12 states.

The government also approved N150.8 million for consultancy and engineering design for access road 1 and 2 ‎to link Asaba in Delta State to Onitsha in Anambra State and the Second Niger Bridge.These were some of the outcomes of the weekly meeting of the Federal Executive Council, FEC, presided by President Muhammadu Buhari for the second time since his return from his medical vacation in the UK.

The Minister of Power, Works and Housing, Babatunde Fashola said: “The approval is for 12 roads in various states and replacement of bridges. “There were also approvals for power projects. The aim is to create more viable power sector that is private-sector driven.”

The minister said the new programme will look address vandalisation at consumer and production levels of pipelines to bring confidence to the market and stimulate the appetite for Nigeria’s power sector.On his part, the Minister of FCT, Mohammed Bello Bello said three key infrastructure projects were also approved by the Council.

There was “approval for the award of contract for Phase 2 of the Abuja Mass Transit Lot 1B (26.77km) which is from Ring Road I, passing through Area 10 beside Wuse Market, Berger Junction, Jabi Motor Park, through Life Camp to Gwagwa,” he said.

Bello said the project was awarded to China Civil Engineering Construction Company, CCECC, at the cost of $1.79 billion; under a funding arrangement by NEXIM Bank.Other projects for the FCT were Jahi District Infrastructure which was put at N19.473 billion and a 5 km road to link Ring Road III to Wasa Junction with Karshi-Ara-Apo Road placed N2.454 billion.

Read the latest issue

Latest Issue