Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,897 members, 7,814,033 topics. Date: Wednesday, 01 May 2024 at 02:27 AM

FEC Allocates N759 Billion For Road Construction - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FEC Allocates N759 Billion For Road Construction (8398 Views)

Uzodimma Allocates Brand New Buses To Ministries, Department & Agencies (photos) / PMB Allocates Houses To 1994 Super Eagles Squad / Ministry Of Works Allocates N100m To Road Rehabilitated By RCCG (2) (3) (4)

(1) (2) (Reply) (Go Down)

FEC Allocates N759 Billion For Road Construction by babaagba1000: 9:52am On Mar 14

The Federal Executive Council, FEC, has given the green light for the allocation of N759 billion for the construction of roads linking Obajana to Benin and Isheri to Ogun.

The FEC gave its approval yesterday for the allocation of N873.23 billion towards implementing three projects nationwide under the jurisdiction of the Ministry of Works.

During a discussion with journalists at the State House in Abuja following the FEC meeting, Works M[b]inister Dave Umahi mentioned several projects, including the Obajana-Benin Road, Isheri-Ogun Road, and the Outer Marina Shoreline protection.
[/b]

The minister emphasized that the increase in cement prices is unrelated to the concrete road policy implemented by his ministry.

Umahi announced that funding has been allocated for various road projects, including additional funding for the Obajana-Benin dualisation project, the Isheri-Ogun Road, and the Outer Marina Shoreline protection.

He said: “Today we’ve got augmentation approved for Obajana in Lokoja to Benin Road, a total of 244 km and 489 km dualized. Recall that in 2012, this project was awarded to four contractors – CGC; Mothercat; Dantata & Sawoe and RCC at a total cost of N122 billion and that was for light rehabilitation.

“Around 2018, the past administration reviewed the project and dualised it and that’s why you have a total of 489 km and now got ‘No-Objection’ from the Bureau of Public Enterprise (BPP).

“When I came on board in August, we were supposed to present the ‘no-objection’ to FEC in line with due process and we decided to review the project, one, to determine whether the dualisation was desirable given the economic challenges and two, to see the texture of the soil and what to do.

“We had to restore the project now, but we didn’t increase the cost. We got approval for argumentation from N122 billion to N897 billion. The contractors were off-site because they would not be working and they would not be paid based on the new basic rate. We got them back to the site and today (yesterday) we got approval.”

“The Council also gave its approval for the allocation of N2.23 billion to the Federal Roads Maintenance Agency. This funding will be utilized to repair and maintain the road infrastructure connecting Isheri North to Ogun State.

“Now, under FERMA, we got approval for constructing Isheri North, Lagos route, which is to connect Ogun State. This is an alternative route to Lagos – Shagamu Road, and we will take this Lagos-Shagamu when completed. But by law, you only toll a federal road when you have an alternative.

“This approval of about N2.23 billion to connect Isheri North to Ogun State is a breakthrough that has freed the Lagos-Shagamu for tolling.”

1 Like

Re: FEC Allocates N759 Billion For Road Construction by G00dharddick: 12:25pm On Mar 14
90% of that money will be looted. The other 10% will be used to do a very useless and half baked work on imaginary roads.

Nigeria remains a joke! The drug lord has vowed he won't rest until he cripples Nigeria down

15 Likes 2 Shares

Re: FEC Allocates N759 Billion For Road Construction by Creamypie(m): 12:25pm On Mar 14
Apc go wake up looking for wetin go sweet its foolish and followerz To hear.na announcement of 800 billion for school feeding, 3 trillion for student loans, humanitarian affairs to Carter for the poor, 700 billion, 22 trillion for palliative, them go publish. I miss obasanjo

9 Likes 1 Share

Re: FEC Allocates N759 Billion For Road Construction by Paraman: 12:26pm On Mar 14
A very good news

2 Likes 1 Share

Re: FEC Allocates N759 Billion For Road Construction by ganiyu2030(m): 12:26pm On Mar 14
More room to embezzlement

5 Likes

Re: FEC Allocates N759 Billion For Road Construction by Kingpele(m): 12:27pm On Mar 14
Ok it the money do the work and not end up in private pockets
Re: FEC Allocates N759 Billion For Road Construction by Titanium001: 12:27pm On Mar 14
Unfortunately, you will still find a lot of people who are unhappy with such a great news smiley

6 Likes

Re: FEC Allocates N759 Billion For Road Construction by Cantonese: 12:28pm On Mar 14
Hmm
Re: FEC Allocates N759 Billion For Road Construction by IrepChrist: 12:28pm On Mar 14
One of the major Catalyst to economic productivity is good infrastructure. Nigerian roads are terrible and lacks reasonable network. Alot more should be allocated provided it's not going to be stolen.

Jesus loves you

6 Likes

Re: FEC Allocates N759 Billion For Road Construction by Edoreborn: 12:28pm On Mar 14
Money dey ds country aswear

1 Like

Re: FEC Allocates N759 Billion For Road Construction by BigDawsNet: 12:28pm On Mar 14
35% will likely be looted

1 Like

Re: FEC Allocates N759 Billion For Road Construction by easyfem(m): 12:29pm On Mar 14
They just Dey call money any aw ….. give this thing to local gov to run
Re: FEC Allocates N759 Billion For Road Construction by Bouncing2(m): 12:30pm On Mar 14
Lowkey looterz
Re: FEC Allocates N759 Billion For Road Construction by OniyideAmplify(m): 12:30pm On Mar 14
So, no budget for Lagos-Abeokuta road at all. We're talking about the busiest road in Nigeria for that matter. Exaggeration apart, the road to hell is far better than that road.
Re: FEC Allocates N759 Billion For Road Construction by Godnewz: 12:31pm On Mar 14
“This approval of about N2.23 billion to connect Isheri North to Ogun State is a breakthrough that has freed the Lagos-Shagamu for tolling.”

It's all about tolling.

2 Likes

Re: FEC Allocates N759 Billion For Road Construction by israelmao(m): 12:31pm On Mar 14
The gross total of padding is how much?

3 Likes

Re: FEC Allocates N759 Billion For Road Construction by Olaideolayemi(m): 12:32pm On Mar 14
The cost is too much..This is way of diverting and overspending on the project..
Re: FEC Allocates N759 Billion For Road Construction by yoruboid: 12:32pm On Mar 14
Dave Umahi is doing very well

1 Like

Re: FEC Allocates N759 Billion For Road Construction by RepoMan007: 12:33pm On Mar 14
Creamypie:
Apc go wake up looking for wetin go sweet its foolish and followerz To hear.na announcement of 800 billion for school feeding, 3 trillion for student loans, humanitarian affairs to Carter for the poor, 700 billion, 22 trillion for palliative, them go publish. I miss obasanjo
$26 billion for export zone in delta state. Useless policies back to back.

4 Likes 1 Share

Re: FEC Allocates N759 Billion For Road Construction by KingKO22: 12:33pm On Mar 14
G00dharddick:
90% of that money will be looted. The other 10% will be used to do a very useless and half baked work on imaginary roads.

Nigeria remains a joke! The drug lord has vowed he won't rest until he cripples Nigeria down

Thanks for crying more than the bereaved 😄😄


Na this same set of people celebrate ordinary gutter and Julius Berger signboard 😄😁😁😄

22 Likes

Re: FEC Allocates N759 Billion For Road Construction by bestman09(m): 12:34pm On Mar 14
wink
Money that will be shared among themselves. I heard that they are already strategizing for 2027 elections even when they are still crawling and confused about what governance is all about
Re: FEC Allocates N759 Billion For Road Construction by INTEGRITYA1(m): 12:35pm On Mar 14
That's good
Re: FEC Allocates N759 Billion For Road Construction by jiz: 12:37pm On Mar 14
Umahi is the best performing minister so far
Re: FEC Allocates N759 Billion For Road Construction by CHIOMAEZEH: 12:39pm On Mar 14
Mo ti yoo
Re: FEC Allocates N759 Billion For Road Construction by ksauthenticoi: 12:53pm On Mar 14
G00dharddick:
90% of that money will be looted. The other 10% will be used to do a very useless and half baked work on imaginary roads.

Nigeria remains a joke! The drug lord has vowed he won't rest until he cripples Nigeria down
Try to recognize and appreciate good thing when you see one bro. Nigeria is what we have as home no matter who is the President.

7 Likes

Re: FEC Allocates N759 Billion For Road Construction by Skillsnigeria: 12:57pm On Mar 14
Okay
Re: FEC Allocates N759 Billion For Road Construction by dominique(f): 12:59pm On Mar 14
Just 3 roads our of all the hundreds of terrible roads in the country? That's too bad
Re: FEC Allocates N759 Billion For Road Construction by EEIA: 1:04pm On Mar 14
BigDawsNet:
35% will likely be looted
at least 65% will be used according to you.


unlike PDP wey the do one road for 16 years still no complete am. cool

I see them coming to insult me.
This I have seen cool

3 Likes

Re: FEC Allocates N759 Billion For Road Construction by hopexter(m): 1:13pm On Mar 14
G00dharddick:
90% of that money will be looted. The other 10% will be used to do a very useless and half baked work on imaginary roads.

Nigeria remains a joke! The drug lord has vowed he won't rest until he cripples Nigeria down

I trust Umahi and from his previous records, I know what he’s capable of achieving if properly funded.

Nigeria is getting better and we all will get there successfully. If your worthless father had drive and ambition, a drug lord will not be your president. So deal with the laziness of your father and leave Umahi and Tinubu alone angry angry

3 Likes

Re: FEC Allocates N759 Billion For Road Construction by frog12: 1:26pm On Mar 14
that much money ?
Re: FEC Allocates N759 Billion For Road Construction by BigDawsNet: 1:35pm On Mar 14
EEIA:

at least 65% will be used according to you.


unlike PDP wey the do one road for 16 years still no complete am. cool

I see them coming to insult me.
This I have seen cool

Bet which is better?

Apc government= $1 #250 to $1 #1,600

And fuel price 160 to 700

1 Like

Re: FEC Allocates N759 Billion For Road Construction by EEIA: 1:39pm On Mar 14
BigDawsNet:


Bet which is better?

Apc government= $1 #250 to $1 #1,600

And fuel price 160 to 700
APC, PDP and LP are all the same.

3 Likes

(1) (2) (Reply)

Dig, 121,209 Other Policemen To Write Promotion Exam / Sanusi, El-rufai And Ribadu Compared! / Kidnappers Take Over Warri

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 42
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.