FEC Releases N126 Billion For 12 Federal Road Projects; See Details
The federal government yesterday approved N126 billion for the rehabilitation and construction of 12 roads across some states of the federation.
The states include Jigawa, Kano, Enugu, Kwara, Adamawa, Bauchi, Gombe and Kaduna.
Minister of Power, Works and Housing, Babatunde Fashola disclosed this to State House correspondents after the weekly Federal Executive Council (FEC) meeting presided over by acting president Yemi Osinbajo at the Presidential Villa, Abuja.
Fashola who was joined at the FEC briefing by the ministers of Health, Isaac Adewole; Budget and National Planning, Udo Udoma and senior special assistant to the President on Media and Publicity, Garba Shehu said the road contracts spread across the country would energise the ailing economy.
Noting that massive funds would be injected into the construction sub sector, the minister said, “Council considered and approved the award of contracts for 12 roads. One of them is the Dukka Gulu road in Kano. Ohers are spread across Bauchi, Adamawa, Kwara, Gombe/Adamawa, Kano, Enugu, Kaduna, Bauchi/Gombe,
“The headline figures are in the region of N126 billion but I think that is not the story. The story really is what the award of those contracts will do to the economy. It will restore confidence to the construction industry. Contractors who have been owed for two to three years before Mr President was elected are back in various states. They have called back their workers and they are purchasing gravel and cement.”
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