The Federal Executive Council, FEC, on Monday, approved N5.9 billion for the construction of access roads for the Abuja light rail system.
According to him, “Toda,y Council approved the award of contract for the construction of access roads for the Abuja light rail. You are aware that Mr. President has given the directive that he wants to ride on the metro line.The Minister said while the Federal Government approved three road projects in last week’s meeting, Monday’s approval concerns LOT 4 for communities around the airport and Abuja Hajj Camp.
Also briefing, the Minister of Works, David Umahi, said that he presented a memo to the Council for approval on the coastal roads running from Lagos – Port Harcourt – Cross River.He further stated that Council approved the construction of roads on the Trans-Sahara route, which runs from Enugu-Abakaliki-Ogoja to Cameroon. Another road project under phase 2, as well as the Badagry to Sokoto, were all approved for financing.
“So, it was approved to be into finance in a model of EPC + F that’s engineering, procurement, construction and then Plustv + Financing, and so counsel deliberated and approved and then directed the Minister of Finance expedite action on its part,” he noted.
Source: News Formal (newsformal.com)
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