Latest News

FG releases N20bn for East-West road project 

Published by
The Federal Government has released the sum of N20 billion to fast track the completion of the East-West Road project.
The Minister of Niger Delta Affairs (MNDA), Senator Godswill Akpabio, disclosed this at a meeting held in his office with the Managing Director of the Nigerian Sovereign Investment Authority (NSIA), Federal Ministry of Finance and the Contractors handling Section I-IV of the East-West Road Project which has lingered since 2006 till date.
Akpabio ordered Contractors handling the East-West Road to return to site immediately for the speedy completion of the project in line with the Presidential directives that Section IV of the road be completed on time to enable the people of the region experience the dividend of democracy has promised during his electioneering campaign.
The Minister urged Contractors to cooperate with the Ministry and return back to the site, explaining that the Ministry will soon come out with a dated plan of releasing N20billion to the Contractors after signing the tripartite agreement in line with Presidential directives, which transferred the project to the Presidential Infrastructural Development Fund (PIDF) under the NSIA.

ALSO READ: France locks down as coronavirus panic spreads 

He said, “The project which was first awarded in 2006 was scheduled for completion by the end of 2010, but this could not be achieved due to inadequate funding. The physical progress of the East-West Road when the project was transferred to the newly created Ministry of Niger Delta Affairs in 2008 was just 8% of work done by the Federal Ministry of Works and Housing.”
“However, additional funding received between 2012 and 2015 from the African Development Bank (AFDB) and Subsidy Reinvestment and Development Programme (SURE-P) enabled the completion of two Sections which are now ready for commissioning. The outstanding Sections and recently awarded upgrade contracts were rescheduled for completion by 2020,” he said.
According to Akpabio “the overall project achievement stands at an average of 76% of the total 676km (338×2) carriageway for Section I-IV, a total of 611.05km of earthworks, 584.60km of asphaltic binder course, and 523.75km of wearing course, 1143 no. of culverts and a total of 41nos. bridges (total length of 5,483m) with the second 850m Imo River Bridge, Okoso, Mbiama, Patani-Eket and Kaima Bridges have been substantially completed as at March 2019.”
In his remarks, the Managing Director, NSIA, Mr Uche Orji, commended the Minister for his renewed energy and commitment to the completion of the East-West Road to accomplish the objective set by President Muhammadu Buhari.
Mr Orji noted that NSIA involvement in the project is to manage the PIDF, set-up by the President in 2018, to manage key projects of this administration which includes the East-West Road, Abuja-Kano Highway, Lagos-Ibadan Expressway, Third Niger Bridge and the Mabilla Power Project. He explained that for the project to be viable, they would be tolled projects to be covered by the tripartite agreement.

Recent Posts

APM terminals rehabilitates 970 meters of Lagos Port Quay surface

APM Terminals Apapa, in collaboration with the Nigerian Ports Authority (NPA), has successfully completed the…

2 minutes ago

North-West faring better under Tinubu — Gov Sani

Governor Uba Sani of Kaduna has said that the North-West zone is faring better under…

13 minutes ago

Seven dead, 16 injured in Niger truck crash

The accident took place around 3 a.m. on Sunday, May 18, 2025, and was attributed…

32 minutes ago

Borno gov declares Monday fasting, prayer day over insurgency

"This Monday, I am inviting you to join me in a voluntary day of fasting…

37 minutes ago

Group commends Oloyede’s leadership at JAMB, dedication to public service

The National Council of Muslim Youth Organisations (NACOMYO) has commended the Registrar of the Joint…

1 hour ago

2027: Group backs Makinde for President, begins mobilisation in Northern states

An association under the umbrella of the Nigeria Youths Awareness Group Makinde 2027 (NYAG Makinde…

2 hours ago

Welcome

Install

This website uses cookies.