The Federal Government has approved about N438 billion for road construction and rehabilitation projects across the country, alongside several highway and trailer park concessions under public-private partnerships.
The Minister of State for Works, Bello Goronyo, disclosed this on Wednesday while briefing State House correspondents after the Federal Executive Council meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja.
Goronyo said the approvals were aimed at improving critical road infrastructure and expanding private-sector participation in the development and management of major transport corridors.
Among the projects approved is the reconstruction of the Ado-Ekiti–Iyin–Aramoko–Itawure–Osun border road in Ekiti State at N159.83 billion, awarded to CBC Global Civil and Building Construction Nigeria Ltd.
The council also approved a N54.12 billion variation order for the rehabilitation of the Abeokuta–Iboro–Ilaro Road in Ogun State.Also approved was the N74.51 billion reconstruction of the 15-kilometre Port Harcourt–Eleme Junction–Onne Port Junction section of the East-West Road in Rivers State.
The project was awarded to RCC Nigeria Ltd. with a nine-month completion period.The Federal Government further approved N54.52 billion for Phase II rehabilitation of the Ado-Ekiti–Afe Babalola University Road in Ekiti State, forming part of the Ado–Ijan–Iluomobi–Imesi–Ondo border route.
Another N94.24 billion was approved for the construction of the Ilara–Iselu Road, Phases II–V, in Ogun State. The project was awarded to JRB Construction Company Ltd. with a 24-month completion period.
Under the public-private partnership arrangement, FEC approved the development of the 7.9-kilometre Dikko–Maje section of the Suleja–Minna Road in Niger State at N56.75 billion under a 40-year concession to Graciatech Engineering Nigeria Ltd.
The operation and maintenance of the Lagos–Ibadan Expressway was also approved under a 25-year concession valued at N96.43 billion, with LIB Concession Group as the concessionaire.In addition, the council approved the development of a greenfield trailer park at Aro-Ngwa in Abia State at N19.70 billion under a 50-year concession to Greg Jane International Ltd.
Goronyo said the approvals reflected the administration’s commitment to addressing infrastructure deficits and improving transportation across the country.
He added that the concession arrangements would allow the private sector to play a greater role in the development, operation and maintenance of critical infrastructure.
