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Thursday, May 14, 2015

FG okays N31bn for road projects in 3 states

The Federal Executive Council (FEC) on Wednesday approved about N30.993 billion for the construction of roads in communities spread across Bayelsa, Delta and Ondo states.
The council also approved the report of the ministerial implementation committee on the harmonisation of taxes and levies across the federation, as well as a national policy on Micro Small and Medium Enterprises (MSMEs).

 FG okays N31bn for road projects in 3 states


In the same vein, it also approved a provisional licence for the establishment of the first Nigerian Maritime University at Okerenkoko, Delta State.

The contracts awarded through the Niger Delta Ministry include: the construction of Zarama-Okodia Iseme road in Yenagoa local government area of Bayelsa State in favour of Messrs Eneko Nigeria Ltd in the sum of N5. 923 billion with a completion period of 18 months; the construction of Agadagba-Akotoko-Iyasa-Ovwie road and bridge in Irele local government area of Ondo State in favour of CGC Nigeria Ltd in the sum of N15.628 billion while the construction of Amasoma- Egbedi road in Kolokuma Okpokuma local government area of Bayelsa State was approved in favour of Messrs Dantu Construction Nigeria Ltd in the sum of N2.767 billion with a completion period of 18 months and also the construction of Ofagbe-Udeze-Ozoro road from Ovwie in Isoko North, Isoko South local government areas of Delta State in the sum of N6.675 billion with a completion period of 24 months.

Briefing journalists after the FEC meeting, Steve Oru, the minister, Niger Delta affairs, said the ratification by FEC was following an earlier anticipatory approval given by President Goodluck Jonathan.

He had in a related development also stated that the East West Highway is 90 percent completed.
According to him, the projects are in tranches which give road users the impression that the road is still having a huge aspect untouched. He added that the ministry will begin a tour of the East West road in the last 10 days of this
administration. Council also approved the report of the ministerial implementation committee on the harmonisation of taxes and levies across the federation.

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