What you need to know
President Bola Tinubu has approved major road projects and infrastructure concessions valued at hundreds of billions of naira.
The projects cover several states, including Ekiti, Ogun, Rivers, Niger, Lagos and Abia.
The approvals include road reconstruction, rehabilitation, expressway maintenance and a new trailer park.
President Bola Tinubu has approved a series of major road projects and infrastructure concessions with a combined value of hundreds of billions of naira across several states.
The Minister of State for Works, Bello Goronyo, disclosed the approvals on Wednesday after the Federal Executive Council (FEC) meeting presided over by Tinubu at the Presidential Villa in Abuja.
Read original: BendelNews
The approved projects include road reconstruction and rehabilitation works, as well as public-private partnership concessions covering key highways and a proposed trailer park.
Among the largest approvals is N159.83 billion for the reconstruction of the Ado-Ekiti–Iyin–Aramoko–Itawure–Osun border road in Ekiti State.
The Federal Government also approved N54.12 billion for a variation order covering the rehabilitation of the Abeokuta–Iboro–Ilaro Road in Ogun State.
In Rivers State, N74.51 billion was approved for the reconstruction of the 15-kilometre Port Harcourt–Eleme Junction–Onne Port Junction section of the East-West Road.
Another N54.52 billion was approved for Phase II rehabilitation of the Ado-Ekiti–Afe Babalola University Road, which forms part of the Ado–Ijan–Iluomobi–Imesi–Ondo border route.
Ogun State will also benefit from N94.24 billion for the construction of the Ilara–Iselu Road, Phases II–V.
Highway and trailer park concessions
The FEC approvals also included several projects to be delivered through public-private partnerships.
These include N56.75 billion for the development of the 7.9-kilometre Dikko–Maje section of the Suleja–Minna Road in Niger State.
The government also approved N96.43 billion for the operation and maintenance of the Lagos–Ibadan Expressway.
In Abia State, N19.70 billion was approved for the development of a greenfield trailer park at Aro-Ngwa.
The latest approvals form part of the Federal Government's broader infrastructure programme, with the projects expected to improve road connectivity, support transportation and strengthen economic activity across the affected states.
The FEC also approved other major initiatives at the meeting, including measures concerning education funding and projects in the health sector.
