Federal Cabinet approves multi billion Naira projects

Timothy Choji, Abuja

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The Federal Executive Council on Wednesday approved a contract of $6.7 billion for the construction of rail tracks form Ibadan in Oyo State, South West of the country to Kaduna, North-Western Nigeria.

Transportation Minister, Mr Rotimi Amaechi disclosed this to Journalists while briefing them on the outcome of the cabinet meeting presided over by President Muhammadu Buhari.

“Council approved the award of a new contract for the construction of a new contract form Ibadan to Kaduna; earlier, they had a warded form Kaduna-Kano So now the entire Ibadan-Kano as a stretch has been awarded. What was awarded today was the Ibadan-Kaduna, for $6.7 billion, this is a contract that was first awarded in 2006, the contract was awarded to a Chinese company, CCECC,” he said.

FCT Projects

Similarly, the Minister of the Federal capital Territory FCT, Mohammed Bello told Journalists that cabinet approved contracts for the purchase of chemicals for the purification of pipe borne water and the construction of a portion of the airport express road, Abuja.

“We got approval for two very important contracts for the FCT. The first contract is for the supply of chemicals to the FCT Water Board at the sum of N273.4 million awarded to a Nigerian company. This is going to provide the needed chemicals for purification of the water supplied by the Water Board. The second contract is for the reconstruction of the road called Bill Clinton Drive, which stretches firm the newly constructed bridge at the airport express way. The road is over 20 years old, even though is functional but it has started showing signs of failure but we want to rebuild it including the portion leading to the Presidential Wing of the airport as part of our effort to improve and sustain infrastructure. The cost of the contract is N1.9 billion and it is expected to be completed in seven months,” he explained.

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