NEWSTOP STORY

FEC approves N1.4 billion for DPR building design

The Federal Executive Council (FEC) meeting on Wednesday approved N1.4 billion for the design of 12-floor building design for the Department of Petroleum Resources (DPR).

This was disclosed by the Minister of State for Petroleum Resources, Ibe Kachikwu briefed State House correspondents at the end of FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja.

He was with the Minister of Information, Lai Mohammed and Minister of Trade and Industry, Okechukwu Enelamah after 6 hours FEC meeting.

The contract, he said, is for the design of the head office of DPR in Abuja, which is currently situated in Lagos State.

‘Today we got the approval to begin the process to relocate them to Abuja.” he said

When asked if the sum was not too much for designing the building, he said that it only represented about 2 per cent of the proposed N35 billion cost of the building.