FG okays Abuja-Kano road reconstruction, jacks up cost by N642.2bn
The Federal Executive Council on Wednesday approved the complete reconstruction of the Abuja-Kaduna-Kano highway.
With the approval, the government changed the scope of work on the highway from the ongoing renovation to complete reconstruction.
It therefore increased the project cost from N155bn, earlier approved for renovation, to N797.2bn reconstruction cost.
The Minister of Works and Housing, Babatunde Fashola, disclosed this to State House correspondents at the end of the weekly meeting of the council presided over by the President, Major General Muhammadu Buhari (retd.), at the Presidential Villa, Abuja.
FG okays Abuja-Kano road reconstruction, jerks up cost by N642 2bn punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.
In line with its infrastructural development campaign mantra, the Federal Executive Council (FEC), presided over by President Muhammadu Buhari, Wednesday, approved over N809.7 billion for various signature projects including roads, fire fighting vehicles and equipment as well as development of an application for design, development, deployment, and management of National Social Investment Management System (NSIMS) for the National Social Investment Programme (NSIP).
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Following plans by the Federal Ministry of Works and Housing to concession 12 federal highways to private entities to manage, built environment professionals have not stopped to laud the authority over the proposed initiative, saying it’s long overdue considering the infrastructure deficit in the country.
Aside from pledging their support for government, they also offered useful suggestions on the best ways to achieve the initiative.
The Federal Government is towing this route in a bid to ensure the regular maintenance of its road network across Nigeria.
The arrangement would enable the private companies to introduce toll gates on the 12 highways and collect revenue which they would use and regularly maintain such roads.