africa

NNPC’ll construct 21 federal roads with N621bn in three years – Fashola


The Nigerian National Petroleum Corporation has taken over the reconstruction of 21 federal roads across the country.

The Federal Executive Council meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, approved this on Wednesday.

At the end of the council meeting, the Minister of Works and Housing, Babatunde Fashola told State House correspondents that the selected 21 roads cover 1804.6km.

The minister said the move was a strategic intervention under the Federal Government Road Infrastructure and Refreshment Tax Credit Scheme.

He explained that it fell under Executive Order 7 which allowed the private sector to deploy in advance the taxes they would pay for infrastructure development.

Fashola added that nine of the selected projects were in the North-Central, three in the North-East, two in the North-West, two in the South-East, three in the  South-South, and two in the South-West.

According to him, he presented three memoranda to the council which were all approved.

He also revealed that two of the memoranda were on road contracts; the first memorandum was on a section of the Calabar-Ikom-Ogoja Road especially the section to the Apet Central which he said had a problem with steel-reinforced drain that was discovered there.

Fashola said, “Those drains were put there about 42 years ago and 86 of them have failed and we need to replace them now with concrete rain drains to allow water pass through; otherwise, the retention of water will badly impact the road.

“As a result of that, we have to revise the scope of works from rehabilitation to construction to remove all the old steel drains that are corroded and replace them with concrete drains.

“It is over 75km road and that will require an augmentation contract by an additional sum of N12bn. So that memo was approved.”

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