FEC approves N19 billion for road projects in FCT, Oyo, Kano
The Federal Executive Council (FEC) on Wednesday, approved over N19 billion for the construction of road projects in the Federal Capital Territory (FCT), Oyo and Kano States.
Babatunde Fashola, Minister of Works and Housing, disclosed this when he briefed State House correspondents 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.
Babatunde said that the 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 Efalaye-Erimo-Iwaraja road linking Ekiti and Osun states.
“The first memoranda 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 percent of the work so we are trying to complete that road because 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 construction of about 524 roads across the federation are currently ongoing, 43 internal roads are being constructed on campuses of the nation’s universities, out of which 10 have been completed already.