FEC approves N3.94tn for roads, vessels, others

Nigeria's Federal Executive Council (FEC) has approved a substantial N3.94 trillion for 25 road projects across 10 states, alongside N286 billion for vital port infrastructure, including pollution control and firefighting vessels. The approvals, made during the first FEC meeting in approximately three months, signal a significant push for infrastructure development under President Bola Tinubu's administration.

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Let me also report that I informed FEC about the deteriorating situation on the completed Lagos-Ibadan expressway, especially on the section that was completed by Julius Berger. The Ibadan axis is failing very badly. If you go there, it is rotting, and it’s just folding; it is very dangerous for vehicular movement.

Minister of Works, Dave Umahi, detailed the approvals, highlighting the ratification of the Lagos-Ibadan Expressway's full business case for operation and maintenance by MESSRS Aspect Concession Company Limited. Following a directive from President Tinubu due to the deteriorating condition of the existing road, the expressway will undergo a full reconstruction using reinforced concrete technology.

Further bolstering the nation's road network, the council approved the rescoping and award of the 400.9km Mokwa-Tegina-Bida-Lambata access road in Niger State to the Dangote Group. This project, valued at N1.8325 trillion under the tax credit scheme, replaces a previous contract with CGC due to delays and safety concerns, including fatal accidents.

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Mr President directed that we should use due process to procure the Lagos-Ibadan expressway, which is to be done using concrete technology.

Additionally, the FEC noted the completion of the first lot of the Lagos-Abuja-Kaduna-Kano Road, an 118km stretch costing N257 billion. The remaining 164km of this crucial corridor is under construction and expected to be finished by November. The council also greenlit 23 other road projects in various states, underscoring a broad commitment to enhancing national connectivity.

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So we rescoped the project from CGC and made available a total of 400.9km of the road. The total that is approved under the Dangote tax credit is N1.8325tn.