FG approves N108bn For Roads projects
The federal government yesterday approved over N108 billion for road projects across the country.
Minister of Works and Housing, Babatunde Fashola disclosed this to State House correspondents after the virtual federal executive council meeting presided over by President Muhammadu Buhari at the Presidential Villa.
He said the road projects are in Enugu, Rivers, Borno, Adamawa and Gombe states.According to him: “The Ministry of Works and Housing presented two memoranda. The first one was to aid the completion of the Enugu –Lokponta section of the Enugu – Port Harcourt highway, it was the augmentation of an existing contract by N25 billion, the council approved that augmentation.
“The second memoranda was the award of three different roads. The first is Dikwa-Marte-Mungunu road for N60. 273 billion and the Numanroad linking Borno and Adamawa for N15.527 billion and the third is for Gombi-Biu linking Adamawa and Borno also for N7.643 billion.”
During his briefing, minister of Education, Adamu Adamu, said FEC approved an agreement between the Kaduna Polytechnic (KADPOLY) and an investor to renovate 18 blocks of student hostels.
The contract, which is a 15-year concession at the cost of N744,264 million, is under a Renovate Operate, Maintain and Transfer (ROMT) arrangement.
He said: “It will take one year to construct the hostels, after which the contractor will run it for 15 years within which they will recover what they have sunk into the project.
“There are 18 blocks of hostels and each room in a block will house four students. The total number of students to be housed will be 4,032.”