FG approves N38bn road projects in five states

The Federal Executive Council presided over by the President, Major General Muhammadu Buhari (retd.) has approved ₦38.4 billion for the completion of road projects in five states.

The road projects which were inherited from past administrations are located in Anambra, Bayelsa, Benue, Imo, and Nasarawa.


Minister of Works and Housing, Babatunde Fashola, disclosed this while briefing State House Correspondents at the end of Wednesday’s Council meeting.

According to Fashola, “They are not new projects, they are projects that we inherited and we are trying to complete. So essentially, they relate to cost revision because of the ages of the contracts and the prices of goods that have changed.

“So, the first one was the contract for a 13.5-kilometre spur of the road from Onitsha-Owerri Road through Okija-Ihembosi-For Ugbor to Ezinifite in Nnewi South Local Government Area of Anambra State. That contract was awarded in 2011 but wasn’t funded until this administration came in so the contractor is asking us to revise the contract by a review of ₦488,980,891 and an additional completion period of six months and the council approved that review of price and the extended completion period.”

The Minister said Council also approved a contract for the completion of a 20-kilometre road in Bayelsa State.

He said, “The Second one is the 20-kilometre dualisation of Yenagoa road junction to Kolo and Otuoke and Bayelsa Palm in Bayelsa State. That contract was awarded in December 2014 on the eve of the tenure of the last administration and it couldn’t even take off because of militancy issues at the time and also very limited budget provisions.

“It is one of the contracts that we have since activated with the Sukuk Bond. So, the dualization is progressing but there is some additional work that needs to be done. There are also results of further investigations that support a revision of the contract by ₦7.947 billion and this was approved by the council.”

Fashola said the third contract was for the completion of a road linking Nasarawa and Benue States, Central Nigeria.

“The third one is the 74-kilometre Nasarawa to Loko Road. That is the road that was awarded, I believe, in 2006, so it’s 15 years today, 74 kilometres and it has not been completed. This road links the Loko-Oweto Bridge, which we inherited and which we have completed and that Loko-Oweto Bridge links Nasarawa to Benue, across the River Benue and also connects to the Oweto to Oshogbedo Road, which we also inherited, which we have completed.

“The complete lane from Otukpo to Nasarawa ought to be facilitated by this 74-kilometre road. The contractor has struggled with just about five kilometres of it since 2006, and a small bridge.

“So, what we’ve proposed was that instead of going through the long process of termination and all of that, we proposed and Council agreed that the contractor who finished the bridge and the contractor who finished the road, because they were all awarded to different contractors before we came, should join this contractor and take up the remainder.

“So, we’ve limited the contractor who was originally awarded this road to just 10.8 kilometres, that’s all he will do. So, we’ve awarded 42 kilometres to the contractor who did the Oshogbedo-Oweto Road and we’ve then awarded 21 kilometres, which is the part joining the bridge directly, to the contractor who completed the bridge. So, all of these totalling a revised project sum of about ₦30 billion, shared amongst the three contractors,” he explained.

Fashola said the completion of the road will slash travel time for commuters, especially those travelling from Otukpo in Benue state to the FCT.

“What is instructive is that once we finish this last part of the road, although it is being used now, but is not tarred, commuters are using it because it cuts off three hours from the journey from Otukpo to Abuja.

“Motorists don’t have to go through Lafia, if you climb the Oweto Bridge across the River Benue, land in Nassarawa, you’ll be landing around Keffi. So, it’s cutting off 103 kilometres from that journey from Otukpo to Abuja, which is about three hours. It used to be six hours plus.

“This is strategic also for providing prosperity, lifting people out of poverty because if the saying that time is money is true, everybody who saves three hours has three hours’ extra productivity and also consumes three hours less fuel and travel time and so on.

“So, Council approved this memo and we hope that sometime next year we can complete that linkage, but as you know, those of you who went with me, commuters are already using the road despite that path not being complete,” he said.

No comments

Thank you for reaching out to us. We are happy to receive your opinion and request. If you are need advert or sponsored post, We’re excited you’re considering advertising or sponsoring a post on our blog. Your support is what keeps us going. With the current trend, it’s very obvious content marketing is the way to go. Banner advertising and trying to get customers through Google Adwords may get you customers but it has been proven beyond doubt that Content Marketing has more lasting benefits.
We offer majorly two types of advertising:
1. Sponsored Posts: If you are really interested in publishing a sponsored post or a press release, video content, advertorial or any other kind of sponsored post, then you are at the right place.
WHAT KIND OF SPONSORED POSTS DO WE ACCEPT?
Generally, a sponsored post can be any of the following:
Press release
Advertorial
Video content
Article
Interview
This kind of post is usually written to promote you or your business. However, we do prefer posts that naturally flow with the site’s general content. This means we can also promote artists, songs, cosmetic products and things that you love of all products or services.
DURATION & BONUSES
Every sponsored article will remain live on the site as long as this website exists. The duration is indefinite! Again, we will share your post on our social media channels and our email subscribers too will get to read your article. You’re exposing your article to our: Twitter followers, Facebook fans and other social networks.

We will also try as much as possible to optimize your post for search engines as well.

Submission of Materials : Sponsored post should be well written in English language and all materials must be delivered via electronic medium. All sponsored posts must be delivered via electronic version, either on disk or e-mail on Microsoft Word unless otherwise noted.
PRICING
The price largely depends on if you’re writing the content or we’re to do that. But if your are writing the content, it is $60 per article.

2. Banner Advertising: We also offer banner advertising in various sizes and of course, our prices are flexible. you may choose to for the weekly rate or simply buy your desired number of impressions.

Technical Details And Pricing
Banner Size 300 X 250 pixels : Appears on the home page and below all pages on the site.
Banner Size 728 X 90 pixels: Appears on the top right Corner of the homepage and all pages on the site.
Large rectangle Banner Size (336x280) : Appears on the home page and below all pages on the site.
Small square (200x200) : Appears on the right side of the home page and all pages on the site.
Half page (300x600) : Appears on the right side of the home page and all pages on the site.
Portrait (300x1050) : Appears on the right side of the home page and all pages on the site.
Billboard (970x250) : Appears on the home page.

Submission of Materials : Banner ads can be in jpeg, jpg and gif format. All materials must be deliverd via electronic medium. All ads must be delivered via electronic version, either on disk or e-mail in the ordered pixel dimensions unless otherwise noted.
For advertising offers, send an email with your name,company, website, country and advert or sponsored post you want to appear on our website to omodjk(at)gmail(dot)com

Normally, we should respond within 48 hours.

Sponsored Partner's Advertisement