The sum of ₦19.352 billion has been approved by the Federal Government for road constructions in Oyo, Osun, Kano, and the Federal Capital Territory.
Babatunde Fashola, the Minister of Works and Housing disclosed the news to state house correspondents after the Federal Executive Council meeting held in Abuja.
The Federal Government approved the sum of ₦19.352 billion for road projects in four states
Mr. Fashola gave a breakdown of the funds approved and the beneficiary states.
"The second memorandum we presented was for the award of three roads in Igboho-Oloko-Agbonle in Oyo State and Gulu to Yaba town between the Federal Capital Territory and Niger State as well as Sharada to Madobi and Danbaure in Kano State.
Council approved these roads for N7.249 billion for the first one in Oyo, N7.593 for the second one in Niger/FCT and N4.510 for the third one in Kano."
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Naijauto gathered that the sum of ₦523 million was also approved to finalize the construction of the Efalaye/Erimo/ Iwaraja road connecting Osun and Ekiti states.
"That road was awarded since 2009 and the contractor has achieved about 85 per cent of the work so we are trying to complete that road, it had been slowed down by previous years of insufficient budget.
During that period the price at which it was awarded and today’s material prices have altered significantly so he is asking for a review of N523,826,000, which has been approved."
He disclosed that the Ministry of Works and Housing made known to the council which was chaired by President Buhari, the number of roads that have been rehabilitated across the country so far. He pointed out that 524 roads are still undergoing construction.
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