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East-West Road Project Gets NSIA’s N20bn

Relief is on the way for commuters passing through excruciating pains plying the deteriorated East-West Road as the Nigerian Sovereign Investment Authority (NSIA), announced its decision to contribute about N20billion to the construction of the highway.
The Minister of Niger Delta Affairs, Senator Godswill Akpabio, who disclosed this in Abuja, yesterday, maintained that the funds would be spread across the four sections of the highway project.
Akpabio, to end, ordered contractors handling construction works on sections, 1, 2, 3 and 4 of the road to return to project sites in wake of NSIA’s commitment.
The minister said the NSIA, will make this contribution only if contractors, are ready to resume work on the site this week.
According to him, contracts of the East-West Road were given in 2007 and were scheduled to have been completed in 2010, but have not been completed.
The immediate past governor of Akwa Ibom, noted, however, that since the assumption of his office, all issues that seem to negate the completion of the project have been resolved.
He said, “Responsibility for funding the project is controlled by the NSIA, PIDF, which is controlled and warehoused by the NSIA, PIDF, which is the Presidential Infrastructure Development Fund, is managed by the NSIA. This was transferred in 2018, September.
“By that time, the Federal Government had approved about N19.6billion to be provided for the interest group in 2018, out of which about N17.1billion was an amount given to contractors. Whatever was left of the N19billion would have been transferred to the NSIA fund, for continuous progress on the road.”
The minister added that the Section Five of the project will begin soon and details will be submitted to the Federal Executive Council (FEC), for approval, stating that the ministry is fully committed to completing the projects.
“The Federal Government is very concerned about this project because progress on the East-West Road is slow, totally non-existent, people of the Niger Delta region are very agitated and the contractors are also very worried.
“The problem is that the road contract that was supposed to have been completed in 2010 is still dragging on up to 14 years after.
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