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FEC APPROVES VARIATION COSTS FOR THREE ROAD PROJECTS
The Federal Executive Council (FEC) has approved a total of N42.4 billion for the variation of costs on three major road projects in the country. The council, presided over by President Bola Tinubu, also reviewed the status of ongoing road rehabilitation and construction projects across the country.
The first project approved is the construction of the Umulungbe-Umuoka road in Enugu State, which will see an additional N2.6 billion added to the initial budget of N6.245 billion, bringing the total cost to N8.85 billion.
The second project is the repair of the Igamu bridge in Lagos State, which has seen its cost reviewed from N1.16 billion to N2.229 billion.
The third project is the dualization of the Calabar-Itu road in Cross River State, which will now be constructed with a revised budget of N118.412 billion, up from the initial estimate of N79.649 billion.
In addition to these approvals, the Minister of Works, Dave Umahi, announced that the ministry has completed 80% of the emergency repairs of roads and bridges across the country, with N300 billion already released by the Ministry of Finance.
The minister also revealed that the Abuja-Kano road has been divided into three sections, with two contractors – Dangote and BUA – mobilized to site, while Julius Berger will be working on another section. The ministry plans to publish details of the projects and their completion levels by next week.The approvals and updates on these projects are expected to boost economic activities in the affected states and provide relief to commuters who have been affected by the poor state of these roads.
