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FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK - Politics - Nairaland

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FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by milann: 9:58am On Sep 30, 2021
The federal executive council (FEC) has approved N2.1 billion for the completion of five projects at the Nnamdi Azikiwe University (UNIZIK), Awka, Anambra state.

Lai Mohammed, minister of information and culture, announced this to state house correspondents after the FEC meeting presided by Vice President Yemi Osinbajo on Wednesday.

He said the university had awarded the projects earlier but lacked funding to complete them.

“The significant thing about these contracts is the fact that these were contracts that were awarded by the university itself, some in 2007, some in 2010, some in 2012 and some in 2015,” Mohammed said.

“But due to the inability of the university to execute these projects, for reasons ranging from lack of funding to other sundry reasons, they appealed to the federal government to help complete the contracts.

“The contract, which was then awarded at the sum of N2.5 billion due to contract variation, cost of materials has now been jacked up to N4.6 billion.

“In other words, the federal government is making available to the university the sum of N2.1 billion to augment the contract, which is awarded between 2007 and 2015, but was unable to complete.

“The five contracts are the construction of students’ hostels, Type D, at Awka, which was augmented in the sum of N120 million; construction of students’ hostel, Type A, at Nnewi, for which we have to provide an extra N385 million.

“Construction students hostel, Type A, Awka; also, here we’ve provided an extra N104 million and then the construction of Faculty Building for Physical Science and Biosciences in the sum of N1.2 billion, raising the contract sum from the original N983 million to N2.243 billion.

“Finally, construction and completion of min-stadium complex in favour of another contractor, which we had to augment with the sum of N510 million.’’

Mohammed said the contracts were under the Needs Assessment — an intervention fund that the federal ministry of education made available to assist educational institutions all over the country.

The minister said the council approved the procurement of landed property for the residence of the vice-chancellor of the Federal University, Dutse, Jigawa state.

“This is a very short memo, which actually sought council’s approval to provide accommodation for the vice chancellor; and of course, it means the university was purchasing a property in Dutse, which will serve as the official accommodation of the vice chancellor,” Mohammed said.

“After the due process has been observed, including whether the seller has title and whether it was adequately covered by Certificate of Occupancy, the council approved that a property be purchased for the sum of N161, 250, 000, inclusive of 7.5 percent VAT, with the delivery period of two weeks for the official residence of the Vice Chancellor of the Federal University of Dutse, Jigawa State.’’

Mohammed said the council also approved a sum of N847,502,000 for the award of a contract for digital interconnectivity among identified ministries and other agencies of government through the Local Area Network (LAN).


https://www.thecable.ng/fec-approves-n2-1bn-for-hostels-stadium-projects-in-unizik

1 Like

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by athaboi(f): 9:59am On Sep 30, 2021
Nigeria lacks visionary leaders! She parades thieves as leaders! No vision, no direction... lackluster and half baked individuals who can't think. The economy is in shambles and there's no critical solution in sight! All you hear is capital projects which they borrowed heavily to finance.... How do SMEs come in to salvage the economy and the unfortunate naira, how about foreign direct investment, how do the government help individual citizens who can work and earn dollar while working here in the country! I'm tired

14 Likes 2 Shares

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Suspect33(m): 10:25am On Sep 30, 2021
How many more days until Buhari's tenure is over, ayam tayad angry angry

4 Likes

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by socialmediaman: 10:26am On Sep 30, 2021
Nigeria has never had peace since this despot took office. Those who had the chance but didn’t have the courage to stop him will have a hard time convincing Nigerians to trust them

1 Like

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by zaxbash: 10:26am On Sep 30, 2021
Buhari my small penis
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Godada(m): 10:27am On Sep 30, 2021



A country that's Is suffering from financial mayhem rather than spend money on investment and financial gain borrows to implement capital projects on borrowed funds.

A broke individual would not borrow money for frivolity but to get himself out of the financial decay. This is just common sense.

Someone would come and argue that the government in this instance invested on education...

How do it add up on in the grand scheme of things?

1 Like

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Ouaxcet: 10:27am On Sep 30, 2021
Okay
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Mojojojo69(m): 10:27am On Sep 30, 2021
ok
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Haryour12(m): 10:27am On Sep 30, 2021
aaaahhhhhhhhh
That's too much
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Sholaco: 10:28am On Sep 30, 2021
Why fec? The region do not deserve anything from the Nigerian government
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Amuluonyenaego: 10:28am On Sep 30, 2021
Embezzlement Ataima grin
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by BigSarah(f): 10:29am On Sep 30, 2021
Sholaco:
Why fec? The region do not deserve anything from the Nigerian government

tongue

Tueh

3 Likes

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by nkiliuzo(m): 10:29am On Sep 30, 2021
las las all na audio money! don't be surprised that at the end of the day only 10 million was spent and they will parade it as 2 billion

1 Like

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Jonathan39: 10:29am On Sep 30, 2021
Talk is cheap, let's wait and see
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Starcrest1: 10:30am On Sep 30, 2021
So that faculty of Biosciences hasn't been completed yet, nawa o. UNIZIK should wake up and take their infrastructure serious.

5 Likes 1 Share

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Sholaco: 10:31am On Sep 30, 2021
BigSarah:


tongue

Tueh
Tueh on your mother's head.
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by ndbest650: 10:32am On Sep 30, 2021
milann:



https://www.thecable.ng/fec-approves-n2-1bn-for-hostels-stadium-projects-in-unizik

please president buhari help us to stop the activities of ipob, it is becoming too much. The way they unleash terror on the Igbo's in the guise of fighting for us is totally unacceptable.

2 Likes 1 Share

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by sniperr007(m): 10:33am On Sep 30, 2021
athaboi:
Nigeria lacks visionary leaders! She parades thieves as leaders! No vision, no direction... lackluster and half baked individuals who can't think. The economy is in shambles and there's no critical solution in sight! All you hear is capital projects which they borrowed heavily to finance.... How do SMEs come in to salvage the economy and the unfortunate naira, how about foreign direct investment, how do the government help individual citizens who can work and earn dollar while working here in the country! I'm tired



The only focus on capital projects cos it's a way they can steal. They don't talk about policies to encourage SME or fDI.
Rather than PPP for capital projects. They want to handle everything to steal.

3 Likes

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Daniel61111: 10:33am On Sep 30, 2021
I just pray the project will atleast be done with 70% of the allocated funds.
We know they will embezzle the rest .
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by OG1BABY(f): 10:33am On Sep 30, 2021
okay
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Bustincole(m): 10:34am On Sep 30, 2021
Suspect33:
How many more days until Buhari's tenure is over, ayam tayad angry angry


Maybe we should pay him off


bringing in another presido wont solve the mattas on grand

1 Like

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Rexwalters1: 10:39am On Sep 30, 2021
Suspect33:
How many more days until Buhari's tenure is over, ayam tayad angry angry
Go & inquire from your state Governor, I believe they are on the same timetable?

1 Like 1 Share

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by SmartPolician: 10:39am On Sep 30, 2021
These men should restructure this country so that these schools can run independently. They cannot keep funding schools as the spirit leads...

Anyways, congratulations to Unizik
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Rexwalters1: 10:41am On Sep 30, 2021
SmartPolician:
These men should restructure this country so that these schools can run independently. They cannot keep funding schools as the spirit leads...

Anyways, congratulations to Unizik
Go & restructure your life, leave Nigeria to solve its problem, same animals you are complaining about are the same people you are calling to restructure Nigeria? You are not a serious minded person.
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by constance500: 10:43am On Sep 30, 2021
Hmm
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by SmartPolician: 10:44am On Sep 30, 2021
Rexwalters1:
Go & restructure your life, leave Nigeria to solve its problem, same animals you are complaining about are the same people you are calling to restructure? You are not a serious minded person.

I thought you were going to make sense undecided

Complete waste of cyberspace
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Rexwalters1: 10:45am On Sep 30, 2021
SmartPolician:


I thought you were going to make sense undecided

Complete waste of cyberspace
Clear road for jagajaga, no be only make sense.
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Monchengladbach(m): 10:46am On Sep 30, 2021
Lol that our stadium by the highway we've waited for it to come true

since the time of sisqo, ja rule and 50 cent or better still since year 2000

1 Like 1 Share

Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Rexwalters1: 10:48am On Sep 30, 2021
Monchengladbach:
Lol that our stadium by the highway we've waited for it to come true

since the time of sisqo, ja rule and 50 cent or better still since year 2000
Pdp wasted era?
Re: FEC Approves ₦2.1 Billion For Hostels, Stadium Projects In UNIZIK by Nobody: 10:49am On Sep 30, 2021
angry

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