Executive Council approves N48.4 Billion for Roads Construction

Timothy Choji, Abuja

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Nigeria’s cabinet on Wednesday approved N48.4 billion for roads in Taraba and Yobe States, North-East Nigeria.

Minister of Information, Lai Mohammed, revealed this to State House Correspondents on decisions reached at this week’s cabinet meeting chaired by President Muhammadu Buhari.

Giving the breakdown, Mohammed said N29.8 billion was approved as revised cost for the rehabilitation of Yola-Hong-Mubi road and N18. Billion was approved for the Yobe State government as refunds for the construction of federal government roads in the State.

Read Also: Cabinet Approves N66.9 Billion For Road In Taraba State

He said: “The Minister of Works and Housing, Babatunde Fashola presented two memos, which were both approved. The first one was for the revised estimated total cost of the award of contract for the rehabilitation of the Yola-Hong-Mubi road in Adamawa State for the sum of N29, 826, 708, 000, with an additional period of 24 months for completion. It will be financed by the Sukuk bond.”

He said the second memo approved for the Ministry of Works was that of a refund to the Yobe State government, for some road projects it executed on behalf of the federal government.

“The second was his memo seeking council’s approval for the reimbursement of refunds of certified and recommended by a special inter-ministerial committee set up by the federal government to verify such claims made by the Yobe State government.

“The State government undertook construction of some road and bridges which were supposed to be federal government projects and they actually asked the federal government to reimburse them upon which the committee verified their claim of N20 billion and approved the sum of N18,663,843, 109 as reimbursement due to Yobe State for five federal roads which they rehabilitated,” Mohammed added.

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