The Federal Executive Council (FEC) has approved projects worth a total of N109,187,264,000 for the Ministry of Works and Housing and the Ministry of Education.
The projects were approved during the FEC meeting held yesterday, July 8.
The meeting was presided over by President Muhammadu Buhari while two ministers, Babatunde Fashola and Adamu Adamu present three memoranda: two from Fashola and one from Adamu.
Fashola memoranda were for projects estimated to cost a total of N108.443billion. He said FEC approved an augmentation of an existing contract by N25 billion for the completion of the Enugu – Lokponta section of the Enugu – Port Harcourt highway.
The second memoranda was the award of three different roads – Dikwa-Marte-Mungunu road for N60.273 billion; Numan road linking Borno and Adamawa for N15.527 billion and Gombi-Biu linking Adamawa and Borno for N7.643 billion.
The Education minister Adamu said FEC approved an agreement between the Kaduna Polytechnic (KADPOLY) and an investor to renovate 18 blocks of student hostels.
The contract, which is a 15-year concession at the cost of N744.264 million, is under a Renovate Operate, Maintain and Transfer (ROMT) arrangement.
He said: “It will take one year to construct the hostels, after which the contractor will run it for 15 years within which they will recover what they have sunk into the project.
“There are 18 blocks of hostels and each room in a block will house four students. The total number of students to be housed will be 4,032.”