Thursday, 18 September 2014

FG approves N147.4bn for Benin-Ore, Lokoja-Benin, Shagamu road



The Federal Execu­tive Council (FEC) presided over by President Good­luck Jonathan, yesterday reviewed progress on two major roads Benin-Ore Express way as well as Okene-Benin Express way. It approved the total con­tract sum of N147.4 billion for the Execution of Phase II, Dualisation of Lokoja-Benin Road Section I, II, III and IV in Kogi State and Edo State as well as the reconstruction and asphalt overlay of Benin-Ofo­su-Ore-Ajebandele-Shagamu dual carriageway Phase IV: Ajebandele-Shagamu KM162 + 586 (Ondo State to KM 261 + 000 (Ogun) in Ogun State. Briefing State House cor­respondents at the end of the meeting which lasted till 5 p.m. the Minister of Infor­mation, Labaran Maku and his Works counterpart Mike Onolememen, said the four sections of the road will cost N75.8 billion. The minister said:”Contract No. 6135 for the dualisation Lokoja-Benin Road Section I: Obajana Junction-Okene (40.00km) in Kogi State in favour of Messrs CGC (Ni­geria_ Limited in the sum of N18,905,502,377.69 thereby revising the contract sum fron N11.663,957,682.30  to N30,569,460,059.99 . Onolememen said all con­tracts will take 36 months to complete.
Sun Newspaper

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