13
May
May
FEDERAL EXECUTIVE COUNCIL APPROVES MASSIVE INFRASTRUCTURE SPENDING
-
CapitalTimesNews / 2 weeks
- 0
- 2 min read
The Federal Executive Council has approved over ₦689 billion for critical national infrastructure projects, alongside separate approvals worth $672 million for projects in the power and aviation sectors. Minister of Works, Dave Umahi, disclosed that the council approved major spending on road infrastructure, including a revised contract for the East-West road project. The East-West road contract was revised upward to ₦175 billion due to flood damage, while ₦208 billion in road palliatives has been submitted for presidential sign-off. Umahi noted that 19 road and bridge projects are now ready for commissioning across all six geopolitical zones. In aviation, the council approved three major memos to modernize Nigeria’s aviation infrastructure and safety systems in line with international standards. These include: – *Total Radar Coverage Modernization for NAMA*: The council approved a contract worth €14,428,218.17, equivalent to ₦28,039,080,799.40, for the modernization of the Nigeria Airspace Management Agency’s radar system. – *Baggage Handling System at MMIA*: A contract worth ₦3,615,265,710.69 was approved for the supply and installation of a baggage handling system at the Murtala Mohammed International Airport in Lagos. – *Disabled Aircraft Recovery System at Nnamdi Azikiwe International Airport*: The council approved a contract worth ₦2,209,593,428.08 for the manufacture, supply, installation, and operating training of a disabled aircraft recovery system. Umahi emphasized the federal government’s commitment to infrastructure development, stating that all projects are being executed within budgetary allocations to ensure timely completion.
