Federal Executive Council Releases 123.73 Billion Naira On Road Contracts

Federal Executive Council on Wednesday  approved contracts totaling about 123.73 billion Naira for the construction and rehabilitation of various road networks across the country.

The roads include the  Apapa-Oshodi road considered a  major gateway to Apapa and Tincan Island ports and part of Trans West Africa Coastal Highway, the Mokwa-Bida Road, Akure-Ilesha Road and two sections of the Enugu-Port Harcourt Dual carriageway.

The contracts come on a day the council of Ministers approved contract for the design, manufacture and supply of six units of 40MVA 132/133KV Mobile substation at the cost of 10 point 2 million US Dollars and 247 point35 million Naira

Council therefore approved the reconstruction of Apapa-Oshodi Expressway in the sum of N14point 9 billion Naira with a completion period of 15 months while it  approved the rehabilitation of Mokwa-Bida  and Akure-Ilesha roads under the Federal Roads Development Project at the cost of 18point 2 billion Naira.

Cabinet approved the rehabilitation and reconstruction of two sections of the Enugu-Port Harcourt Dual carriageway by two separate contractors at the total cost of 90 point 3 billion Naira with a completion period of 40 months.

These contracts involve heavy spending from government  but their rehabilitation  is expected to improve road safety and reductions in traveling time, vehicle operating cost and road user cost in addition to its greatly boosting trade and economic activities along the routes.

that same  Wednesday, The Minister of Power brought a memo to council to seek approval for the design, manufacture and supply of six units of 40MVA 132/133KV Mobile substations  for utilization nationwide for the purpose of maintaining continuity of supply to consumers during major works at existing substations.