Connect with us

News

FEC approves roads construction in Kebbi, Sokoto, Lagos, Abia, others

Published

on

The Federal Executive Council (FEC) approved the construction of 14 roads and bridges, which were badly affected by floods, in Ekiti State, Adamawa, Kebbi and Enugu states.

Works Minister David Unahi said this while addressing State House correspondents after the FEC meeting.

He said the others are in Cross River State, Ondo State, Osun State, Ebonyi, Abia and Imo states.

He said the roads were awarded, in addition to a contract for the repair and rehabilitation of Gamboru Bridge along Gambor-Ngala/Kala-Balge Road in Borno.

Advertisement

The minister said FEC also approved a new contract for the rehabilitation of Maraban-Kankara/Funtua Road in Katsina State and the construction of a 258-kilometer three-lane carriageway, a component of the 1,000 km Sokoto/Badagry Super-highway, Section 2, Phase 2A.

Likewise, he said FEC approved the contract for the construction and dualisation of Afikpo-Uturu-Okigwe Road in Ebonyi, Abia and Imo States (Section 2).

He said FEC similarly approved the contract for Bodo-Bonny Road in Rivers, to be executed by Julius Berger.

“FEC approved additional N80 billion to complete that project, bringing the total cost to N280 billion.

Advertisement

“The next is the Third Mainland Bridge, which was executed under emergency work,” he said.

He said at the time the present government assumed office, the Third Mainland Bridge was a nightmare.

“The deck had pavement differential of over one foot; that was causing a lot of accidents and hold up, and constituting dead load to the Third Mainland Bridge.

“So, that has been done and it also extended to Falamo and Queens Drive. It came with solar light, CCTV cameras, and relief stations, to eliminate road blockage,” he said.

Advertisement

He explained that when he came on board, Julius Berger sought to review the entire project.

“Don’t forget that the initial cost of the projects was N155 billion and the past administration reviewed it to N797 billion.

“Berger insisted that the reviewed contract sum should to N1.5 trillion. We didn’t have that money and the Coordinating Minister for the economy and myself went through the road and had strategic meeting with Berger,” said Umahi.

He said he eventually sought the approval of the president to break the projects into three so that two sections could be done on tax credit and Julius Berger could do one.

Advertisement

“So, the first section is 38 kilometre. It has not been brought to Council. It’s to be done with concrete.

“The second section is to be done by Berger and that is 82 kilometers by two, and it’s to be done with asphalt that they have been working with and the third section, which is just 17 kilometres is to be done on concrete,” he said.

He said FEC approved that of Julius Berger for a total contract sum of N740 billion. However, he said the other two were not presented for approval.

“If you remove approximately N400 billion paid by the last administration, then what is left is about N340 billion. That is what the contract sum for the 164 kilometre will be and that’s what FEC approved today,” Mr Umahi said.

Advertisement

The minister said the service lane on Lekki Deep Seaport road was approved for construction by FEC.

Lastly, he said he discovered that over 3,000 fuel trucks queuing to lift fuel at Dangote Refinery were all parked on the newly constructed Lekki-Calabar coastal highway.

“Technically and by design, the roads were never built for static loads, and so it has a lot of effects,” he said.

He said FEC approved that the federal government’s land in the area should be concessioned, so that concessioners could build a park.

Advertisement

“It’s a park that will be tolled so that all the trucks can safely park over there and the pavement of such a park is quite different from the pavement of the road,” said Mr Umahi.

(NAN)

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Sad! Five Policemen Returning From Edo Election Duty Die In Autocrash

Published

on

By Kayode Sanni-Arewa

Five policemen died on Tuesday in a road accident on their way from Edo to Kano State.

Kano Police Commissioner, Salmam Garba, who confirmed the death of the five officers, said the accident occurred along Kano-Zaria express way.

About eight others injured in the crash are being treated in an hospital, he informed.

Advertisement

“The deceased officers are from Kano state police command. There were drafted to Edo state for election duty, where they carried out their assignment successfully.

“Sadly, they lost their lives at Karfi, when their vehicle had a head-on collision with a reversing trailer,” Garba said.

It was gathered the driver of the trailer is among the eight survivors receiving treatment at an hospital in Kano.

CP Dogo, in a telephone conversation with our correspondent, said the Command was taking measures to ensure that the wounded officers receive adequate treatment and survive.

Advertisement

He described the deaths as shocking and prayed God to give the Command and families of the dead the fortitude to bear the loss.

“It is unfortunate, we lost five of our officers to a fatal accident at Karfi, along Kano-Zaria Road.

“They were returning from Edo state where they were drafted to maintain law and order during the election.

“About eight of them, including the driver of the trailer are in the hospital.

Advertisement

“Their vehicle had a collision with a reversing trailer,” he said.

Continue Reading

News

Just in: CBN To Deal With Banks For Not Dispensing Cash Via ATMs

Published

on

By Kayode Sanni-Arewa

The Central Bank of Nigeria (CBN) has announced that it will sanction banks failing to dispense cash through their automated teller machine (ATMs), as part of efforts to ensure sufficient cash in circulation.

This Nigeria news platform understands that CBN Governor, Yemi Cardoso said this during a press briefing at the end of the 297th Monetary Policy Committee (MPC) meeting in Abuja on Tuesday.

The governor emphasized that all deposit money banks must ensure there is always enough cash available for withdrawals.

Advertisement

CBN monitors banks
The CBN governor said that the apex bank has set up a monitoring system to ensure compliance, and any bank not adhering to this directive will face penalties.

Cardoso reiterated that the CBN’s monitoring and spot-checking system would keep track of banks’ compliance, and those failing to meet the requirement would be sanctioned.

He said: “We ourselves, have devised a monitoring system, a spot-checking system, whereby we will go to the banks and just ensure that these things are done in the way and manner in which they are meant to be done.

“And if they are not, again, there will be sanctions but I believe that at the stage we are in now, everybody realises that stakeholders play their part in ensuring that cash gets to the desired places they are intended to be.”

Advertisement

N1.4 trillion to be released in next three months
Cardoso further disclosed that the CBN plans to release an additional N1.4 trillion into circulation over the next three months to improve cash flow within the banking system.

This move, he said, is aimed at ensuring sufficient cash availability in ATMs and across bank branches, addressing the challenges of cash insufficiency that many customers have faced.

He said: “Another N1.4 trillion is likely to be delivered in another three months to aid that whole process of cash within the system and cash velocity.

“So, from our perspective, we are doing everything possible to ensure that there is sufficient cash in the system. There is no excuse for not having sufficient cash in the system.

Advertisement

“Now it goes to the deployment of that cash and quite frankly, we are working very, very closely, we are engaging with all the deposit money banks to ensure that they are putting these things through their ATMs, effectively dispensing cash to those that are in need.

“And whether they are in need or not, that’s the function of the deposit money banks. And at all points in time, there should be sufficient cash in their system that nobody should go there without being able to withdraw.”

Continue Reading

News

Why Nnamdi Kanu asked Justice Nyako to step down – Family

Published

on

The family of the leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, have explained why their son demanded that Justice Binta Nyako who presided over his case steps down.

According to the family, the refusal of the Presiding Judge to comply with the orders of the Supreme Court concerning the IPOB Leader is the reason Kanu requested her stepping aside.

The family said that the apex court had faulted Nyako for revoking Kanu’s bail, wondering why she failed to restore the bail after the Supreme Court’s order.

Kanu’s family while reacting to the decision of the Presiding Judge to hands off the case, accused her of bias against their son.

Advertisement

Prince Emmanuel Kanu who spoke for the family said the Judge’s final decision to recuse herself from the case was a step in the right direction.

The family which said they had also lost confidence in the Presiding Judge expressed hope that the next judge to be assigned the matter would comply with the earlier judgment of the Supreme Court.

“The reason Nnamdi Kanu requested the Presiding Judge to step down was because she refused to comply with the orders of the Supreme Court.

“As far as we are concerned, she was not willing or prepared to comply with any of the orders of the apex court. We also lost confidence in her because she was biased against our son.”

Advertisement

According to the family, Kanu should not be standing trial in Nigeria because his extraordinary rendition was a violation of the law itself, hence, the federal government has lost the rights to prosecute him.

The family maintained that Kanu was abducted in Kenya and renditioned to Nigeria against every known protocol and international law.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News