SAN FRANCISCO, November 04, (THEWILL) –Â The Federal Executive Council has approved N87.538bn for the construction of some roads in parts of the country.
This was disclosed to newsmen on Wednesday, at the end of the meeting of the Council presided over by President Buhari.
The Minister of Works and Housing, Babatunde Fashola said “the council approved a variation of N47.504bn for the completion of the 52 kilometers-Oyo-Ogbomosho Highway which is a part of the Ilorin-Ibadan 145 kilometers highway.”
The variation, he explained, has increased the cost of the contract to N105.041 bn. He said the variation was necessary because of the “need to adjust the thickness of the pavement from 500mm to 560mm; to change the asphalt to polymer-modified bitumen and also change the shoulders from surface dressing to fully asphalted inside and outside shoulder.
“So, all these required changes in prices of N47.504bn. This was the revision that we presented which council approved. This road was awarded in 2010. As I said, Sections 1 and 3 were completed. We are trying to complete Section 2 which we also inherited.”
Meanwhile, Minister of the Federal Capital Territory, Muhammed Bello has disclosed that the Council also awarded the construction of a road in the FCT to Messrs Gilmor Engineering Nigeria Limited in the sum of N30,686,609,298.68 with a completion period of 32 months.
He explained that the project area is within Phase II of the Federal Capital City, serving as a boundary road between the adjoining districts of Mabushi, Kado, Katampe and Jabi.
