The Federal Executive Council has approved a refund of N9.6 billion to Plateau and Borno States for road projects executed by the two States on behalf of the Federal government.
The Minister of Works and Housing, Babatunde Fashola revealed this to State House Correspondents while briefing them on decisions reached at the weekly meeting of the council, chaired by President Muhammadu Buhari.
“We presented two policy memoranda. The first was for a refund to two State governments for previous interventions on federal government roads subject to the July 2016 cut-off after which refunds will no longer be eligible.
“The two States which had outstanding with respect to eligible roads are Plateau and Borno States. Council approved the refund of N6, 601,769, 470, 99 in favour of Plateau State and the sum of N3, 084, 797, 113.34 for Borno State.”
The Works Minister also disclosed that the council approved a memorandum that informed it about the commencement of a procurement process for a Central Clearing House for the operations of Toll Plaza Concessionaires.
He said this was in line with the current administration’s decision to resuscitate tolling across the country.
“This approval will give room for a private sector operator to build a Central Clearing House at its own expense , operate it, recover and then ultimately transfer back to the government. What the Central Clearing House will do is to synchronise interoperability between different toll systems that may be used by different concessionaires when they commence their tolls and also provide a on stop accounting system and a single payment recovery system where everybody is paid at the end of the operations as well as provide visibility for government to see what is going on in the operations of each concessionaire,” Fashola explained.
PIAK
