Business
‘FG Needs N30bn To Complete East-West Road’
The Federal Government needs N30bn to complete the East-West Road project.
The Supervising Minister of Niger Delta Affairs, Mr Darius Ishaku, said this when he received members of the Subsidy Reinvestment and Empowerment Programme (SURE-P) sub-committee on the East-West Road.
Ishaku said in spite of the budgetary provision and funds from the African Development Bank (AfDB), there is a gap of N30bn still needed.
The Tide source reports that the Federal Government obtained N50bn from the AfDB for the project.
He reiterated the ministry’s plans to approach the Infrastructure Development Bank to ensure the completion of the project.
He commended the efforts of the Federal Government in securing funds from the SURE-P and called for regular disbursement.
He said that the ministry would strengthen its cooperation with the SURE-P to ensure the completion of the project.
Reports say that the project, which was started in 2010, has a total contract sum of N349.9bn, and that out of the money, N250bn has been disbursed.
The 338-kilometre road stretches from Effurun in Delta to Oron in Akwa Ibom and cuts across four states in the Niger Delta region.
The design for the project has 42 bridges and 786 culverts, which are divided into five sections.
The ministry said the project was 70 per cent completed after an assessment of the level of work done by the contractors.

L-R: Director-General, Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), Sir Emeka Okereke, Vice President Works, ECCIMA, Mr Nonye Osakwe and Ebonyi State Commissioner for Commerce, Dr Ifeanyi Ikeh, during a reception for Ebonyi State for participating in the on-going 25th Enugu International Trade Fair, recently.