Tinubu Government Approves N37.2Billion For Court Of Appeal Building In Abuja, N12.5Billion For 200 SUVs For Customs
The Nigerian government, during a recent Federal Executive Council (FEC) meeting, approved several projects aimed at enhancing the economy and infrastructure. Among these approvals was the allocation of N37.2 billion for the construction of the Court of Appeal (Abuja Division) building and N12.5 billion for the purchase of 200 Toyota Land Cruiser Buffalo V6 vehicles for the Nigeria Customs Service (NCS).
Additionally, FEC greenlit the construction of bus terminals and transport facilities in Abuja at a cost of N51 billion, to be executed by Planet Projects Nigeria Limited. This project aims to improve transportation within the Federal Capital Territory.
Furthermore, the council approved the creation of a Special Purpose Vehicle (SPV) on a Public-Private Partnership (PPP) basis to develop 90,000 kilometers of fiber optic cable. This initiative, inspired by the NLNG model, intends to increase internet connectivity in Nigeria by 60-70 percent.
Another significant approval was the conversion of a property located at 324 Jackson Street, San Francisco, USA, into a Nigerian Digital Technology Exchange Programme Hub. Valued at close to $7 million, this property is owned by the Nigerian government.
FEC also sanctioned various road construction projects across the country. This includes the upgrade of the Kwaita-Yebu Road in Abuja, the reconstruction of the Lagos-Calabar Coastal Superhighway, and the rehabilitation of roads like Koton-Karfe-Abaji Road in Kogi State.
Moreover, contracts were awarded for the equalization of the Lokoja-Benin Road, Okpela Section, and the dualization of the Auchi Section-Uromi Link Road, among others. These projects aim to improve road infrastructure and enhance transportation efficiency.
One of the notable approvals was the reconstruction of the Lokoja-Benin Road, Ekpoma Section, which was financed by BUA Cement under the tax credit scheme at a cost of N120 billion.
Furthermore, contracts were awarded for the construction of roads and bridges in Kaima-Tesse, Kwara State, and Ngaski-Wara in Kebbi State, totaling N546 billion. Additionally, CCECC was contracted to build the Kano Bypass, a 37-kilometer road including bridges and flyovers, at a cost of N230 billion.
Lastly, FEC approved the procurement of the Sokoto-Illela-Badagry superhighway, intended to connect the Lagos-Calabar Coastal superhighway. This project, which was initially awarded in 1976 but later abandoned, aims to enhance transportation connectivity in the region.
In summary, the recent FEC approvals signify a concerted effort by the Nigerian government to invest in infrastructure development, enhance transportation networks, and promote economic growth and development across the country.
SaharaReporters