FEC Approves N29.2bn for Road Construction from Nigeria to Niger Republic Border






The Federal Executive Council (FEC) wednesday in Abuja approved N29.2 billion for the construction of two roads linking two Northern states to the border of Niger Republic.
The federal government has also licensed two gold refineries in Nigeria.
This is coming as President Muhammadu Buhari last night in Abuja approved the composition of a monitoring committee for the Niger Delta Development Commission (NDDC) in line with the provisions of Part V1, Section 21 of the NDDC Establishment Act.
Briefing journalists after the weekly Federal Executive Council (FEC) meeting in the State House, the Minister of Works, Mr. Babatunde Fashola, said the approval was the fallout of a memorandum of understanding (MoU) he presented to the council for the construction of a 46-kilometre road from Balle in Sokoto State to Niger Republic border at the cost of N9.5 billion.
He said the contract would be executed within a period of 24 months.

The minister also said the council approved another N19.7 billion for the construction of phase II of the project, which he described as a 50-kilometre road project from Kunia in Jigawa State to the Niger Republic border.
He said: “The Ministry of Works and Housing presented one memorandum for the award of roads. The first is Balle – Kurdulla -Niger Republic border road in Sokoto. It’s in favour of Messrs North Sea Limited joint venture with Ceasar Engineering at N9. 576 million to be completed in 24 months. The road is 46 kilometres.
“The second one is for Kunya – Niger Republic border phase II which is in Jigawa State at N19. 763.567 billion. The length of the roads is 50 kilometres and council considered and approved this memorandum on the justification made that it is critical to execute our mandate under the Economic Recovery and Growth Plan and ministerial mandate to improve infrastructure but also for the enablement of business across borders particularly now that we have taken an affirmative position of the African Continental Free Trade Agreement and the markets in that area of the country do a lot of trade across borders. So, this is a good boost for business as well.”

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