On Wednesday, the Minister of Power, Works and Housing, Babatunde Fashola disclosed that the federal government has approved 126 billion naira for the rehabilitation and construction of 12 roads across some states of the federation after the weekly Federal Executive Council (FEC) meeting presided over by acting president Yemi Osinbajo at the Presidential Villa, Abuja. According to Fashola, the 12 states due for the rehabilitation and construction where Jigawa, Kano, Enugu, Kwara, Adamawa, Bauchi, Gombe, and Kaduna.
According to Fashola, the road contracts spread across the country would energise the dying economy, stressing that massive funds would be injected into the construction sub-sector.
“Council considered and approved the award of contracts for 12 roads. One of them is the Dukka Gulu road in Kano. Others are spread across Bauchi, Adamawa, Kwara, Gombe/Adamawa, Kano, Enugu, Kaduna, Bauchi/Gombe,
“The headline figures are in the region of N126 billion but I think that is not the story. The story really is what the award of those contracts will do to the economy. It will restore confidence to the construction industry. Contractors who have been owed for two to three years before Mr President was elected are back in various states. They have called back their workers and they are purchasing gravel and cement.”
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