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The Federal Executive Council (FEC) has approved the award of contract for the dualisation of section-one of Kano-Maiduguri road at the cost of N63 billion.
Federal Executive Council Approves N169.74 Billion For Construction Works |  Fresh News in Nigeria & Breaking News - freshnewsng.com

The Federal Executive Council (FEC) has approved the award of contract for the dualisation of section-one of Kano-Maiduguri road at the cost of N63 billion.

It also approved the reconstruction of the 8.1 kilometers Apapa-Oworonsoki-Ojota road at the cost of N22.24 billion, bringing the total cost of the contracts to N85.24 billion.

The Minister of Information and Culture, Mr. Lai Mohammed, disclosed these yesterday while speaking with State House correspondents in Abuja at the end of the weekly FEC meeting.

He said the Minister of Works and Housing, Mr. Babatunde Fashola, presented a memo to the council for the reconstruction of Apapa-Oworonsoki-Ojota Phase Section Two, which was approved by the council.

Mohammed stated: “You will recall that in 2018, the federal government approved an award of contract to Dangote Industry for the sum of N72 billion. By the time the award was made, there was this section of the road that was in fairly good condition. But with the construction of the Oworonsoki project coming to an end; it now makes better sense to include that section which was fairly good.

“This contract was awarded today for the sum of N22,247,332,000. But you must know that this is one of the projects being awarded under Infrastructural Tax Credit Scheme. In other words, it is awarded to Dangote and Dangote will construct it and over the years, it will be deducted from the tax payable by the group. It is one of various means of Public-Private Partnership (PPP) that this administration has embraced.

“It is not only restricted to Oworonsoki-Apapa road, it is the same system that is being used in Obajana-Kaba Road. Nigeria Liquefied Natural Gas (NLNG) is also using the same formula for the bridge to link Bonny and Bori in Rivers State.

“Another memo which he presented was for the award of contract for the dualisation of Kano-Maiduguri road. That is Section One. That is Kano-Wudil-Shuarin section. This is about 560 kilometres contract between Kano and Maiduguri. The section awarded today is actually more of approval for an estimated total cost. They found out that at the time of the award of the contract, certain conditions have to be known. He sought for a revision and an increment in the sum of N8 billion which will bring the total cost of the contract to N63 billion. It was approved by council today.”

The Minister of Transportation, Hon. Rotimi Amaechi, presented a memo for the supply, deployment, installation, testing and commissioning of security equipment for seven railway stations at the cost of N1,208,335,464.60, to the FEC.

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