Saturday, April 20, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

FG approves N166bn contracts for road construction, repairs

FG approves N166bn contracts for road construction, repairs
September 14
15:52 2019

The federal executive council (FEC) has approved contracts worth N166 billion for the construction and rehabilitation of 14 roads across the country.

According to the PUNCH, the approval was granted after a memorandum was submitted by Babatunde Fashola, minister of works and housing.

One of the roads in the memorandum is Kotangora-Rijau road in Niger state, where there will be a construction of two bridges. The project will be executed by Nael & Bin Harmal Hydroexport Nigeria, Limited at the cost of N1.13 billion, within a period of 12 months.

Another project is Kano-Katsina road, where the construction of an additional lane from the airport roundabout to Dawanau roundabout in Kano state will be carried out. The project will be executed by Zerock Construction Nigeria Limited within a period of 24 months at the cost of N9.5 billion.

Advertisement

Also, Kotangora-Bangi road in Niger state which will be executed by CBC Global Civil & Building Construction Nigeria Limited within 48 months at the cost of N20.4 billion.

The outer Marina-Bonny Camp road and Eko Bridge through Apongbon Bridge with access ramp in Lagos state will be done by CCECC within 12 months at the cost of N9.3 billion.

Irrua-Edenu-Ibore-Udomi-Uwessan road in Edo state is also listed for rehabilitation. The contract for the repair of the road has been awarded to Mikky-Tai Engineering & Construction Limited/Rodnab Construction JV at the cost of N4.6 billion, with a completion period of 12 months.

Advertisement

Ilobu-Erinle road in Kwara/Osun states will be constructed by IAC Allied Technical and Construction Company Limited within 36 months at the cost of N18.042 billion.

Wudil bridge to link Gaban Komi with Wudil bypass along Maiduguri road in Kano state will be constructed by Triacta Nigeria Limited within a period of 15 months at the cost of N2.6 billion.

The Wukari-Ibi road in Taraba state will be rehabilitated by China Worldwide Limited within a period of 18 months at the cost of N12.31 billion.

The construction of Baro-Port Gulu town road in Niger state will be undertaken by GR Building & Construction Nigeria Limited within a period of 24 months at N10.62 billion.

Advertisement

Ajingi-Jahun-Kafin Hausa road in Jigawa state will be rehabilitated by H&M Nigeria Limited within a period of 24 months at the cost of N25.04bn.

Roudo Nigeria Limited will rehabilitate Aba-Owerri road, NNPC expressway in Abia state within 18 months at the cost of N6.1 billion.

The construction of Yaba-Yangogi road in the FCT will be done by JM & A’S/Lubell Nigeria Limited within 24 months at the cost of N17.31 billion.

Rick Rock Construction Limited will complete the rehabilitation of the Kaleyeri-Damaturu road in Yobe sate within 28 months at the cost of N17 billion.

Advertisement

IIC Construction Company Limited/Wiz China Worldwide Engineering Limited will rehabilitate two sections of Oba-Nnewi-Arondizuogu-Okigwe road in Imo/Anambra states within a period of 18 months at a sum of N12.8bn.

According to the federal ministry of works and housing, the projects will generate thousand of jobs for Nigerians.

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.