President Muhammadu Buhari has approved N82 billion for the completion of infrastructure projects in the Federal Capital Territory (FCT).
Brandnewsday reports that the Minister of the FCT, Malam Muhammed Bello, made this known in a briefing with the State House correspondents at the end of the council meeting presided over by the Nigerian President in Abuja on Wednesday.
Bello said that about N8.1 billion of the amount was approved for the rehabilitation of the Federal Secretariat.
According to him, “I presented six memos and all have to do with infrastructure and infrastructure-related projects”.
“The first one is for the revision of the contracts for the rehabilitation and expansion of the outer Southern Expressway to Ring Road I in the Federal Capital City, the Minister said.
“That contract was approved at a varied contract amount of N15, 125, 122, 967. It is expected that this contract would be completed within 24 months.
“The second project, which was also approved, is for the revised estimated cost of the contract for the construction of a 15-kilometre left-hand service carriageway of the outer surface of the outer Southern Expressway stage II.
“The augmentation of this particular project is in the sum of N11, 476, 476, 424, 350.
“The third memo is for the rehabilitation of phase I of the Federal Secretariat, which involves electro-mechanical systems, water system as well as other general rehabilitation.
“This is a secretariat that was inaugurated in 1993, quite a long time ago so we are doing massive rehabilitation of that at a total sum of N8, 110, 665, 676.76 and the completion period is 24 months.”
Bello also added that N131.4 million of the N82 billion was meant for the review of consultancy provision for the Independence and Constitution Avenue Road project in the Abuja Central Business District.
Michael Owhoko, Ph.D The root cause of Nigeria’s problem is, unarguably, an inappropriate system of…
Stanbic IBTC Pension Managers has launched the third edition of their highly anticipated FUZE Talent…
Stanbic IBTC Holdings, a member of Standard Bank Group, has unveiled the fourth edition of…
Stanbic IBTC Pension Managers has again made a significant mark on Nigeria's cultural landscape by…
NOVA Bank, one of the latest commercial banks in Nigeria, may be experiencing a major…
Rite Foods Limited recently partnered with Sterling One Foundation to conduct a clean-up exercise on…
This website uses cookies.