FEC Okays N126bn For Road Construction

[caption id="attachment_16719" align="alignnone" width="750"]Babatunde Fashola, Minister of Power, Works and Housing[/caption]

The Federal Executive Council (FEC) on Wednesday approved the sum of N126 billion for the construction of 12 roads across eight states in the country.

Babatunde Fashola, Minister of Power, Works and Housing, disclosed this to State House correspondents after the FEC meeting, presided over by Acting President Yemi Osinbajo at the Presidential Villa in Abuja.

The twelve roads according to the minister, are in Kano, Bauchi, Adamawa, Borno, Kwara, Gombe, Enugu, and Kaduna states.

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He said: “Council considered and approved the award of contracts for 12 roads, one of them is the Dukka Gulu road, in Kano, others are spread across Bauchi, Adamawa, Kwara, Gombe/Adamawa, Kano, Enugu, Kaduna, Bauchi/Gombe.

“The headline figures are in the region of N126 billion but I think that is not the story, the story really is what the award of those contracts will do to the economy.

“It will restore confidence to the construction industry. Contractors who have been owed for two, three years before Mr President was elected are back in various states, they recalled their workers and as they are purchasing gravel, cement, the economy is on its way back with a bend.

“Every place in all of those states once we mobilise the contractors, the money is kept in those states. Most of the workers who drive the trucks, who fix the roads that you see are indigenes of those states and so they aggregate to the total output from each of those states to the national productivity and national recovery.

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“What you then will see is improved journey time which was what we promised you as we cover more grounds wherever we have worked we have seen that you are travelling more efficiently, you are burning less fuel, you are reaching your destination quicker and as we complete those roads we can only have a more efficient economy.” he added.

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