FEC assembly. Photo: State House
The federal authorities on Wednesday authorised 995million for the reconstruction of the part II of Abuja–Keffi–Akwanga–Lafia–Makurdi highway.
Minister of Power, Works and Housing Babatunde Fashola made this recognized on the finish of the weekly Federal Executive Council assembly presided over by President Muhammadu Buhari.
Fashola mentioned the fund can be obtained from the China-Exim Bank as mortgage.
”I have to stress that this part that includes 16:zero kilometers, which is the Lagos by-pass and the part that additionally includes 251.7 kilometers from Ninth Mile by way of Otukpo to Makurdi,” he mentioned.
”The purpose is that it's the Abuja -Keffi highway which was awarded in 2015, for which finance is now obtainable.
”So, that is the second part for which the finance just isn't but obtainable however the award is the pre-condition to now get the mortgage from the China-Exim Bank, in order that by the point work on the primary part finishes, we are able to seamlessly proceed the second part all the best way to Makurdi.”
The minister additionally disclosed that one other N15.45 billion was authorised for the reconstruction of 58.9 kilometer Magama–Kwajani-Ningi highway connecting Bauchi and Kano states.