FEC approves N109.189bn for roads, university projects

The Federal Executive Council (FEC) meeting on Wednesday approved projects worth a total of N109,187,264,000 for Ministry of Works and Housing and the Ministry of Education.
The meeting, presided over by President Muhammed Buhari, had received two memoranda from the Ministry of Works and Housing and one from Education.
These were disclosed to State House Correspondents during a briefing addressed by five Ministers, including the Ministers of Works and Housing, Babatunde Fashola; Education, Adamu Adamu; Information, Lai Mohammed; Foreign Affairs, Geoffrey Onyema; Special Duties, George Akume; and Minister of State for Foreign Affairs, Zubairu Dada.
Fashola said his ministry submitted two memoranda for projects estimated to cost a total of N108.443Bn.
According to him, the FEC approved an augmentation of existing contract by N25 billion for the completion of the Enugu – Lokponta section of the Enugu – Port Harcourt highway.
“The Ministry of Works and Housing presented two memoranda. 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 N25 billion, the council approved that augmentation.
“The second memoranda was the award of three different roads. The first is Dikwa-Marte-Mungunu road for N60. 273 billion and the Numan road linking Borno and Adamawa for N15.527 billion and the third is for Gombi-Biu linking Adamawa and Borno also for N7.643 billion”, he said.
The Minister of Education, Adamu Adamu, said FEC approved an agreement between the Kaduna Polytechnic (KADPOLY) and an investor to renovate 18 blocks of student hostels.
The contract, which is a 15-year concession at the cost of N744,264 million, is under a Renovate Operate, Maintain and Transfer (ROMT) arrangement.
He said: “It will take one year to construct the hostels, after which the contractor will run it for 15 years within which they will recover what they have sunk into the project.
“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″, he said.