Connect with us

Economy

FEC approves N19b for road projects in FCT, Oyo, Kano

Published

on

The Federal Executive Council (FEC) on Wednesday approved N19 billion for the construction of roads in the Federal Capital Territory (FCT), Oyo and Kano states.

Minister of Works and Housing, Babatunde Fashola, disclosed this when he briefed State House journalist on the outcome of the Council meeting in Abuja.

He said: “The second memorandum we presented was for the award of three roads in Igboho-Oloko-Agbonle in Oyo State and Gulu to Yaba town between the Federal Capital Territory and Niger State as well as Sharada to Madobi and Danbaure in Kano State.

“Council approved these roads for N7.249 billion for the first one in Oyo, N7.593 for the second one in Niger/FCT and N4.510 for the third one in Kano.”

He disclosed that the Council also approved N523 million for the completion of Efon Alaye-Erimo-Iwaraja road linking Ekiti and Osun states.

He said: “The first memorandum was to approve the change of rates with respect to the Efalaye-Erimo-Iwaraja road linking Ekiti and Osun states.

“That road was awarded since 2009 and the contractor has achieved about 85 per cent of the work so we are trying to complete that road, it had been slowed down by previous years of insufficient budget.

 “During that period the price at which it was awarded and today’s material prices have altered significantly so he is asking for a review of N523, 826,000, which has been approved.”

He explained that the Ministry of Works also intimated the cabinet on the number of roads done so far across all the states of the federation, saying 524 roads are currently ongoing.

According to him, 43 internal roads are being constructed in university campuses across the country. Ten of such projects, the minister said, have been completed.

Advertisement

Rent story