TODAY
December 13, 2020
The Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari at the presidential villa, Abuja, within the week approved the award of road contracts, the argumentation of others as well as the expansion of the Maiduguri Airport apron and the insurance of other terminal buildings to the tune of over N60 billion.
Newsletter from Nigerian Investment Promotion Commission, NIPC, quoting Tribune revealed that the Minister of Works and Housing, Babatunde Fashola, gave a breakdown of the road contracts approved for his ministry to include the Yakassai-Badume-Damagum-Makinzali Road in Kano, in favour of CCECC for N12.157 billion and the rehabilitation of the Kaduna-Kanbegua-Jos Road, linking Kaduna and Plateau states, in favour of Setraco Nigeria Limited, for N38.701 billion.
Nigeria: FEC Approves N50 85bn for Kano, Kaduna, Plateau Roads allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
Fashola said: “The Ministry of Works and Housing presented one memorandum for the award of contract for the construction of two roads; the Yakassai-Badume-Damagum-Makinzali Road in Kano, in favour of CCECC for N12.157 billion and the rehabilitation of the Kaduna-Panbegua-Jos Road, linking Kaduna and Plateau states, in favour of Setraco Nigeria Limited, for N38.701 billion and the proposals were approved by the Federal Executive Council.”
Bello, while speaking, said the council approved the sum of N431,640, 286 as revised estimated total cost/augmentation of the contract for the construction of Yaba-Kpahe Road, in Kwali/Abaji Area Councils in the FCT to open up rural areas in the territory which are predominantly agricultural areas.
FEC approves N59 35b for roads, aviation projects thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.