FEC approves N68.6bn for road projects
- N64.108bn of it for Lagos-Ibadan Expessway
The Federal Executive Council (FEC) on Wednesday approved N68.6 billion for roads construction in the country.
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, revealed this after FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja.
According to him, N64.108 billion was approved for additional work on 43 kilometers part of Section one of the Lagos-Ibadan expressway.
The new approval, he said, would accommodate the changing factors occurring on the project and also to modify the bitumen for the road in order to withstand the heavy vehicles passing the road.
The Minister also disclosed that N4.57 billion was approved for Sumaila-Bauchi road that links Kano State.
The Minister of State for Agriculture, Heneiken Lokpobiri, said that FEC approved new 10 rice mills in the country at a cost of N10.7 billion.
The ten states the mills will be located, he said, included Kebbi, Zamfara, Benue, Kogi, Bayelsa, Anambra, Kaduna, Ogun.
Each of the mill will have capacity to produce 100 tonnes of rice per day.
According to him, the private sector will manage the 10 mills.
The Senior Special Assistant to the President on Media and publicity, Garba Shehu, disclosed that N10 billion was approved to fight erosion in the country.
He also said that $460 million was approved to facilitate usage of new buildings located at airports.