The administration of President Buhari has made an amount of money available for the construction of the second Niger Bridge in the South-east.
The federal government has approved the sum of N206 billion for the link road and associated infrastructures of the second Niger Bridge.
This was disclosed by the minister of information, Lai Mohammed after the federal executive council meeting presided over by President Muhammadu Buhari at the Presidential Villa yesterday.
It was gathered that He made the briefing on behalf of the ministry of power, works and housing . According to him, the contract was awarded to Julius Berger, pointing out that the project was a PPP project under the last administration which failed and the federal government had to take over the project.
He said, “Also approved today is the contract for the link road and associated infrastructure for the second Niger Bridge. If you remember, this time last week I was in Onitsha and Asaba inspecting the second Niger Bridge.
“Today, FEC has now approved the award of the link road,the bridge itself is just 1.95km, but the link road is 11.9km and this contract was awarded to Julius Berger for the sum of N206bn. It will include not just the link road but also associated infrastructure and you know this bridge is linking Anambra and Delta states.
“Remember that the project was conceived by the last administration under a PPP arrangement which failed and that is why the federal government had to take over this contract”.
“So far about N14bn had been paid to contractors handling the bridge and the contract today that was awarded is for the link and associated infrastructure that will link the bridge.
He also disclosed that the council approved the re-award of the contract for the rehabilitation of the Oji- Achi- Mmaku- awgu- ndeabor road in Enugu State.
He said the contract was approved at the sum of N11.558,6976 (11bn) and was awarded to messr setraco Nigeria limited with a completion period of 24 months. Mohammed also said the minister of finance sought the council ‘s approval for the financial transparency policy guidelines.
“This memo was approved and I think the unique thing about this memo is that it going to bring more transparency to how government revenue and account are being handled.
“As a matter of fact, with the approval of this memo it will now be possible for the public to know exactly how much revenue is collected by the government, how much is being spent just by going on the website of the various ministries,department and agencies,” he stated.
He stated that the memo by the minister of state for petroleum sought the council ‘s approval for a revised estimate total cost for the engineering, procurement and construction of the OB3 gas pipeline project.
He said,”again this is a project that has been awarded but there was a need for the cost of the redesigning to seek for council ‘s approval so that there will be enough funds to execute the project.
“The project is important because it has to do with the delivery of gas from the eastern part of the country to the power turbines and to improve our power supply. This contract is awarded to Nestor limited and Olisa limited and the total cost of the contract is usd92m and N765. 968m these were the memos that was considered and approved” .
During his briefing, the Minister of state solid minerals, Bawa Bwari stated that the major challenge in the diversification programme of the government in the mining sector had been that of data.
He disclosed that council approved the contract for exploration and consultancy on some of the administration’s targeted minerals like gold, industrial minerals, earth metals, iron ore.
Zamfara abduction: Police gives update on number of kidnapped students
Don Jazzy reacts as man announces plan to draw a tattoo of him on his forehead
EUROPA: Manchester United draw AC Milan in the Last 16 of the #UELdraw (Full Result)
INSIDE LIFE:. See how farmer use ‘Juju’ to collect weapons from Fulani herdsmen in Osun (Details below)
Headmistress Accidentally Sends her Naked Video to a Whatsapp Group, Threatens to Commit Suicide (Details below)
SHOCKING: Husband Caught 7 Months- Old Pregnant Wife In The Act With Another Man And Beat Her Up (Photos below)
You Will Pay For The Hotel, He Will Sleep With You And Give You 2k – Nkechi Blessing Tells Fans Who Want To Snatch Her New Man
I Found My Maid Alone Sleeping Like This, I Did This To Her (Photos below)
- Entertainment2 days ago
- Lifestyle2 days ago
“I Am 56 And Never Been Married, Life Is Passing Me By, Life Hurts”- Lady Cries Out
- Crime2 days ago
ISWAP Attacks Boko Haram Camp, Re-Abducts Nigerian Captives – Leaves Many Dead (Details below)
- Crime2 days ago
FINALLY: Identity Of ISWAP Suicide Bomber Who Killed ”Many Nigerian Soldiers” Is Out (Details below)