More
    HomeNewsFG approves N87.4bn Minna- Kotangora highway

    FG approves N87.4bn Minna- Kotangora highway

    Published on

    • Regrets Killings in Zamfara

    The Federal Executive Council (FEC) has approved
    N87.4 billion for the construction of section one of the Minna-Zungeru-Tegina-Kontagora highway.

    Works and Housing Minister, Babatunde Fashola disclosed this while briefing State House correspondents on Wednesday in Abuja at the end of the council meeting, presided over by President Muhammadu Buhari.

    Fashola disclosed that the highway project was one of the four memos approved for the ministry by the FEC.

    He said the highway project, approved in favour of a joint venture, DeValco HMF Construction, would be funded as previously approved in 2021 under the Tax Credit Scheme.

    The second memo was presented to the council on behalf of the Federal Roads Maintenance Agency for the award of contract for the construction of the Iseri North Road in Lagos that connects Ogun.

    He said the contract was approved in favour of Acute Option Limited with a contract value of N2,104,483,739.

    He stated that the FEC also approved payments of pension for members of staff of the now defunct Federal Mortgage Finance Limited.

    “’This stood at N4,774,517,205 with an additional N41.96 million,” he added.

    Also speaking, the Minister of Information and Culture, Alhaji Lai Mohammed expressed regrets about the unfortunate incident in Zamfara where air strikes by combatants of the Nigerian Air Force accidentally killed some innocent citizens while targeting bandits.

    Latest articles

    NELFUND sets new guidelines on upkeep loan disbursement, stops holiday payments

    The Nigerian Education Loan Fund (NELFUND) has said its upkeep loan disbursement is strictly...

    Benue bans customised books, kindergarten graduation ceremonies

    A new education policy in Benue State has abolished graduation ceremonies of any kind...

    FG unveils programme to boost female agri-preneurs

    The Minister of Women Affairs, Imaan Sulaiman-Ibrahim, has announced the upcoming launch of the...

    Stop discouraging honest Nigerians from serving country, Diaspora professionals tell Tinubu

    In what could be termed a show of solidarity, the Nigeria Professionals in Diaspora...

    More like this

    NELFUND sets new guidelines on upkeep loan disbursement, stops holiday payments

    The Nigerian Education Loan Fund (NELFUND) has said its upkeep loan disbursement is strictly...

    Benue bans customised books, kindergarten graduation ceremonies

    A new education policy in Benue State has abolished graduation ceremonies of any kind...

    FG unveils programme to boost female agri-preneurs

    The Minister of Women Affairs, Imaan Sulaiman-Ibrahim, has announced the upcoming launch of the...