FEC approves N64.69bn road, bridge contracts

The Federal Executive Council Wednesday approved contracts worth N64,686,536,230 for construction of roads and bridges in various parts of the country, including the FCT. A presidential spokesman, Garba Shehu, who briefed reporters on behalf of the Minister of Work and Housing, Babatunde Fashola, said the FEC approved 15 projects, roads and bridges as requested by […]

The Federal Executive Council Wednesday approved contracts worth N64,686,536,230 for construction of roads and bridges in various parts of the country, including the FCT.

A presidential spokesman, Garba Shehu, who briefed reporters on behalf of the Minister of Work and Housing, Babatunde Fashola, said the FEC approved 15 projects, roads and bridges as requested by the ministry.

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He said: “One is for the award of contract for the construction of phase two of the Ikot-Ekpene-Aba to Owerri Dualisation project and this is at the cost of N40,157,000,000. It’s due for completion in 30 months.

“Another project for which he got approval is the construction of the Offa Bypass Road phase 2 in Offa Local Government Area of Kwara State. This project is for N4,335,000,000, due for completion in 12 months.

“Another is the revised estimated cost of the rehabilitation of Alesi-Ugep Road section in Cross River State. The initial cost was N11.221 billion, now valued at N14.74, with an additional completion of six months.

“The eleven other roads are spread across various geopolitical regions of the country.”

FCT Minister Mohammed Bello said the FEC awarded the contract for the completion of the Mpape-Galuyi-Shere Road in Bwari Area Council to Messrs Vipan Global Investment Limited at a total cost of N5,454,536,230.67.

“We expect that that road will be completed within 18 months,” he said.