FEC approves $60m French loan for Imo roads

May 17th, 2018

*N15bn for Bauchi-Kano Road

By Chesa Chesa

The Federal Executive Council (FEC) on Wednesday approved a French Development Agency (AFD) credit of $60 million for the Rural Access and Mobility Project (RAMP II) to build and rehabilitate roads in Imo State.

The Minister of Information and Culture, Alhaji Lai Mohammed, told State House correspondents after the FEC meeting chaired by President Muhammadu Buhari at the Aso Rock Villa, that the RAMP loan is meant to improve transport conditions and bring sustained access to the rural population, through the rehabilitation and maintaining key rural transport infrastructure in a sustainable manner in the state.

Specifically, the loan will be used for upgrading, rehabilitating and maintaining rural transport infrastructure; community-based road maintenance and mechanized maintenance; project management and strengthening of Imo State road sector institutional, policy and regulatory framework.

Mohammed said that FEC also directed the Minister of Niger Delta to speed up re-negotiations with contractors to ensure immediate resumption of the completion of the Oron-Calabar section of the East-West Road.

The Minister of Water Resources, Sulaiman Adamu, announced FEC’s approval of the construction of an 80-metre expanded bridge, being a constituency project, in Karu, Nassarawa, constituency project at the cost of N719 million with completion period of two years.

The Council, he said, also approved another constituency project, the construction of earth dam irrigation scheme in Gwaranga in Bauchi State. The contract sum is N1.36 billion with completion period of two years too.

The Minister of Transportation, Rotimi Amaechi, said that Council also approved €21 million for the procurement of two tug boats for towage purposes on Nigerian waters.

It also approved N703 million for the dredging of water in Baro, Niger State, in preparation of the readiness of Baro Port.

The Minister of Power, Works and Housing, Babatunde Fashola, said that the Council approved the reconstruction of 58.9 kilometre Magami-Kwajali-Ningi road connecting Bauchi and Kano States, at the cost of N15.454 billion. It also approved the rehabilitation of Phase II of Abuja -Keffi-Akwanga-Lagos-Makurdi road.

He explained that “the section comprises 16:0 kilometres which is the Lagos by-pass and the section that also comprises 251.7 kilometres from Ninth Mile through Otukpo to Makurdi. The 268.5-kilometre road will cost $995,004.95.

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