x

FEC earmarks N87.4bn for construction of Minna-Kontogora road

The Federal Executive Council has approved N87.4 billion for the construction of section one of the Minna-Zungeru-Tegina-Kontagora highway.

The Works and Housing Minister, Babatunde Fashola, disclosed this while briefing State House correspondents on Wednesday in Abuja at the end of the council meeting presided over by President Muhammadu Buhari.

Fashola disclosed that the highway project was one of the four memos approved for the ministry by the FEC.

He said the highway project, approved in favour of a joint venture, DeValco HMF Construction, would be funded as previously approved in 2021 under the Tax Credit Scheme.

The second memo was presented to the council on behalf of the Federal Roads Maintenance Agency for the award of a contract for the construction of the Iseri North Road in Lagos that connects Ogun.

He said the contract was approved in favour of Acute Option Limited with a contract value of N2,104,483,739.

He stated that the FEC also approved payments of pension for members of staff of the now-defunct Federal Mortgage Finance Limited.

“This stood at N4,774,517,205 with an additional N41.96 million,” he added.

Also speaking the Minister of Information and Culture, Lai Mohammed, expressed regrets about the unfortunate incident in Zamfara where air strikes by combatants of the Nigerian Air Force accidentally killed some innocent citizens while targeting bandits.

Hot this week

Sokoto-Badagry Superhighway to Boost Trade, Regional Integration

By Muhammad Ibrahim, Sokoto The Sokoto-Badagry Superhighway project, a major...

Army Captain Arraigned for Killing Terrorists’ Informant – Birnin-Gwari Vanguard Raises Concern

By Achadu Gabriel, Kaduna The Birnin-Gwari Vanguard for Security and...

Global Spotlight: Daybreak Publisher Clinches Silk Road News Award

The publisher and editor-in-chief of daybreak Nigeria newspaper, Dr....

New Green Empowerment Initiative Visits Sokoto Education Ministry

By Muhammad Ibrahim, Sokoto The New Green Empowerment Initiative (NGEI)...

Light Up Abuja Programme: Wike To Flag-Off Construction of New Roads, Light Projects

By Joyce Remi-Babayeju The Minister of Federal Capital Territory (FCT),...

A’ibom moves to end epileptic electricity at Summit

By Ogenyi Ogenyi,,Uyo In a renewed move to end electricity...

WIELD-I to Protest Against NAFDAC Over Toxic Chemicals, Fake Drugs

…Calls for Removal of Prof. Mojisola Christianah Adeyeye The Women’s...

Calls for Reform Dominate Global Governance Initiative Seminar in Abuja

Nigerian and Chinese officials, scholars, and policymakers have called...

Senator Lalong Congratulates Plateau APC Woman Leader Alice Dimlong at 50

Senator Simon Bako Lalong, representing Plateau South Senatorial District...

Sokoto Govt Flags Off Food Distribution for Vulnerable Groups

By Muhammad Ibrahim, Sokoto The Sokoto State Government says it...

AIG Adenola Calls for Strong Police-Media Partnership in Bayelsa

The Assistant Inspector General of Police in charge of...

NAPS Backs Kogi Poly on Fees Increment, Shelves Protest

By Noah Ocheni, Lokoja The National Association of Polytechnic Students...

Only Traitors Wish For Nepal-Style Protest In Lagos, Says Group

The Defend Nigeria Movement (DNM) has joined in warning...

Related Articles

Popular Categories

spot_imgspot_img