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Business News of Wednesday, 12 February 2020

Source: www.mynigeria.com

Port facilities get 2bn contract

Federal Executive Council Federal Executive Council

The sum of N2 billion for port facilities was approved by the Federal Executive Council.

Consultants were also appointed for consultancy work on the expansion of the Abuja-Kano expressway.

Minister of State for Transport, Senator Gbemisola Saraki, who met with state correspondents revealed that FEC approved contracts for port facilities worth about N2 billion.

Minister of Works and Housing, Babatunde Fashola, added that the Council approved the sum of N867.2 million for engineering the design of an additional lane on the Kano – Abuja highway.

Fashola's words: “The Ministry of Works and Housing presented a memorandum to appoint a consultant for the engineering design of the additional lane for the Abuja-Kano highway for the sum of N867.263 million.

“The Council approved that memo for the work to be executed in five months.

“Abuja-Kano is already under construction, it was awarded in December 2017 but we now reviewed that project, giving that the road was built in the early 90s and the traffic that has grown there now so as we are doing the construction we might expand the carriageway from two lanes each way making four, to three lanes each way making six lanes.

“So, we have to design an additional lane on both sides comprising of 365 kilometers each way and we have to also make a new design for about 66 bridges across the entire length so it’s the consultant that will do that design that was approved today.”