The Federal Government has approved the sum of N124 billion for the construction of five federal roads.
According to Maku, who briefed newsmen after the weekly Cabinet meeting, said the contracts were necessary to enhance economic advancement of the country.
Flanked by the Minister of Works, Mike Onolememen and his Minister of State, Ambassador Bashir Yuguda, he said 30 roads that were either constructed or reconstructed by the present administration are ready for commissioning.
The breakdown of the contacts shows that the reconstruction of Apapa- Oshodi expressway in Lagos was awarded to Julius Berger in the sum of N14.9 billion for a period of 15 months.
The reconstruction of the Mokwa- Bida road was awarded in the sum of N10.9 billion for a period of 24 months, while that of Akure- Ilesha road was awarded in the sum of 7.3 billion with a completion period of 21 months.
In the south-east, Enugu – Port Harcourt dual carriageway awarded to Setraco will gulp N39.5 billion to be ready in 40 months, just as Aba- Umahia expressway awarded to Arab Contractors in the sum of N50.8 billion is expected to be completed in 40 months.
Another contract that received Cabinet’s blessing was contract for the design, manufacture and supply of six units of 40MVA 132/33kv Mobile substations presented by the Minister of Power, Prof Chinedu Nebo.
“The contract was for the purpose of maintaining continuity of supply to consumers during major works at existing substations.
“A total of 138 direct jobs would be created at the six sub-stations and 1,380 indirect jobs as a result f a multiplier effect on the economy.
“After consideration, FEC approved the memo, complete with spare parts and accessories, in favour of Messrs Liaoning Efacec Electrical Equipment co. Ltd , in the sum of $10, 278, 650.00, payable at the prevailing exchange rate the time of payment and N247, 358, 795.85, for port clearing, transportation and VAT, with eight months delivery period”, Maku said.
He also said Maku, seven of the 10 power plants being built under the NIPP programme, as well as 150 injection sub-stations out of the 220 being built are ready for commissioning.
