FEC Approves ₦109.187bn For Road, Hostel Contracts

FEC Approves N109.187bn For Road, Hostel Contracts

The Federal Executive Council, on Thursday, approved contracts worth the sum of ₦109.187bn for roads and hostel renovation in four states. The Minister of Works and Housing, Babatunde Fashola, told State House reporters, that his ministry presented two memoranda to the council.

He said: “The first one was to aid the completion of the Enugu – Lokponta section of the Enugu – Port Harcourt highway, it was augmentation of existing contract by ₦25bn, the council approved that augmentation. “The second memorandum was the award of three different roads.

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“The first is Dikwa-Marte-Mungunu road for N60. 273bn and the Numan road linking Borno and Adamawa for N15.527bn and the third is for Gombi-Biu linking Adamawa and Borno also for N7.643bn.” The Minister of Education, Adamu Adamu, said the FEC approved an agreement between the Kaduna Polytechnic and an investor to renovate 18 blocks of student hostels.

The contract, which is a 15-year concession at the cost of N744,264m, is under a Renovate, Operate, Maintain and Transfer arrangement. Adamu said: “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.”

The Minister of Foreign Affairs, Geoffrey Onyeama, said Nigeria was trying to change its foreign policy direction to “reflect the reality of today and the reality of national interest”. He said the ministry had helped Nigerians to secure top positions at regional and continental organisations.

 

NAN

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