Business
FEC Approves N20.8bn For Ikorodu- Shagamu Road
The Federal Executive Council (FEC) has approved N20.8 billion for the rehabilitation of Ikorodu – Shagamu Road.
It also approved N4.2 billion for the procurement of aviation firefighting equipment.
The Minister of Information and Culture, Alhaji Lai Mohammed, made the disclosure when he briefed State House correspondents alongside the Minister of State, Aviation, Hadi Sirika and Minister of Education, Adamu Adamu, on the outcome of the council’s meeting.
The meeting held at the Council Chamber of the Presidential Villa, was presided over by President Muhammadu Buhari.
Mohammed stated that the rehabilitation of the Ikorodu – Shagamu when completed would reduce travel time and operating cost for transporters and commuters” enhance the movement of petroleum and agricultural products and also facilitate other commercial activities.
“On behalf of Minister of Power, Works and Housing, l will also brief you that FEC approved the rehabilitation of Ikorodu – Shagamu Road in Lagos State at the sum of N20, 845,336. 214.
“The significance of the award of this contract is that it will reduce road accidents and loss of lives.
“Of course, it will reduce travel time and operating cost for transporters and commuters, and more importantly, it will enhance the movement of petroleum and agricultural products and also facilitate other commercial activities.
“If you remember, Mosinmi, the Nigeria National Petroleum Corporation (NNPC) depot is along that line.”
The Minister of State for Aviation, Sen. Hadi Sirika, said the aviation firefighting equipment would be installed at the Nigerian College of Aviation Technology, Zaria, saying that the equipment was critical for the aviation industry.
He explained that due to the absence of the equipment, Nigeria had spent hundreds of thousands of dollars to train its personnel in neighbouring African countries.
“Today, the Federal Executive Council (FEC) considered a memo from Ministry of Transportation (Aviation) and the purpose of that memo was to award contract for the design, manufacture and installation of fully automated Fire and Smoke Aircraft Training Simulator in Nigerian College of Aviation Technology, Zaria
“The total contract sum is 4,233, 756,074.85 and the council graciously considered and approved the request.
“This firefighting equipment is extremely very important because when we came into government in 2015 I found myself approving several hundreds of thousands of dollars for our firefighters to go into Cameroun and get train or get their proficiency training to come back and serve,’’ he said.
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