{"id":34883,"date":"2019-09-26T15:26:17","date_gmt":"2019-09-26T14:26:17","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=34883"},"modified":"2019-09-26T15:26:17","modified_gmt":"2019-09-26T14:26:17","slug":"fec-approves-n311-47-billion-for-road-projects","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/fec-approves-n311-47-billion-for-road-projects\/","title":{"rendered":"FEC Approves N311.47 Billion For Road Projects"},"content":{"rendered":"<p>The Federal Executive Council meeting presided over by Vice President Yemi Osinbajo, SAN, on Wednesday approved the sum of N311.47 billion for completion of some ongoing road projects across the country.<\/p>\n<p>Minister of Works and Housing, Mr Babatunde Fashola, who briefed State House correspondents after the Council meeting listed some contracts to benefit from the approval to include roads linking the second Niger Bridge both from the Asaba and Onitsha end.<\/p>\n<p>The bridge which is currently under construction is believed to be about 50 per cent completion stage.<\/p>\n<div class=\"rztyjks rztyjks-clearfix rztyjks-post-inline rztyjks-float-center rztyjks-align-center rztyjks-column-1\">\n<div id=\"rztyjks-189867-1546748478\" class=\"rztyjks-container rztyjks-type-custom_code \" data-adid=\"189867\" data-type=\"custom_code\">\n<div id=\"gpt-ad-LB1\" data-google-query-id=\"CKWu5PnX7uQCFYXk7Qodt0kLsA\">\n<div id=\"google_ads_iframe_\/72803759\/Nigerian_Tribune-Web\/Articles_1__container__\">The previous administration of President Goodluck Jonathan had awarded the entire project at a cost of N210billion by the Goodluck in 2014 and is expected to be concluded by 2022.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Fashola disclosed that his ministry presented three memoranda and they were approved by the council: construction of Ibadan -Ile-Ife Dual Carriage Way, they are connected to Oyo and Osun State at the cost of N79.829 billion.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>He revealed that link roads connecting the Second Niger bridge both from the Asaba and Onitsha end was awarded to Julius Berger Nigeria Limited at the cost of N200.176billion, while Kano-Katsina highway linking Gidan Mutum Daya to Katsina steel rolling mill will gulp N29,654billion.<\/p>\n<p>Other projects which scaled through FEC\u2019s approval was Tertiary Education Trust Fund(TETFund) funded programme for the construction of two faculties, environment and education at the University of Abuja at the cost of N915million and N918million respectively.<\/p>\n<div class=\"rztyjks rztyjks-clearfix rztyjks-post-inline rztyjks-float-center rztyjks-align-center rztyjks-column-1\">\n<div id=\"rztyjks-189868-1580926241\" class=\"rztyjks-container rztyjks-type-custom_code \" data-adid=\"189868\" data-type=\"custom_code\">\n<div id=\"gpt-ad-LB2\" data-google-query-id=\"CNOv5PnX7uQCFYXk7Qodt0kLsA\">\n<div id=\"google_ads_iframe_\/72803759\/Nigerian_Tribune-Web\/Articles_2__container__\">The minister said, \u201cFEC meeting presided over by the Vice President, Osinbajo approved the construction of Ibadan -Ilesha-Ife Dual Carriage Way, they are connected to Oyo and State at the cost of N79.829 billion.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>\u201cSecondly, for the link-road that connects the second Niger Bridge to Asaba and Onitsha. The Asaba link-road was awarded to Julius Berger and the Onitsha link-road was awarded to Reynolds Construction at the total cost of N200.176 billion. So this completes essentially the access road that will link the bridge in the short time.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Federal Executive Council meeting presided over by Vice President Yemi Osinbajo, SAN, on Wednesday approved the sum of N311.47 billion for completion of some ongoing road projects across the country.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":27835,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[184],"coauthors":[2391],"class_list":["post-34883","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-federal-executive-council"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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