FEC okays N28.12bn infrastructural projects for Wasa in FCT

THE Federal Executive Council approved, on Wednesday September 14, the sum of N28,117,904,027 for the augmentation of cost for road and other infrastructural projects in Wasa District of the Federal Capital Territory (FCT), Abuja.

The FEC gave the approval in a meeting presided over by President Muhammadu Buhari in Abuja.






     

     

    The FCT Minister, Mohammed Bello, addressing the media after the meeting, said the augmentation was a ripple effect of inflation, which had overtaken the initial approval of N56 billion for the Wasa district projects.

    Bello said, “Council augmented the cost of the project to be completed in 42 months by N28,117,904,027, from the sum of N56,925,048,940.98 approved in 2014 to a new contract figure of N85,042,952,967.98 . The district has a total area of 367.11 hectares.”

    He noted that more than 35 per cent of the project had been executed.

    The minister added that the contractor had received the first part of the mobilisation fund and that work was currently going on.

    Nurudeen Akewushola is an investigative reporter and fact-checker with The ICIR. He believes courageous in-depth investigative reporting is the key to social justice, accountability and good governance in society. You can reach him via [email protected] and @NurudeenAkewus1 on Twitter.

    Join the ICIR WhatsApp channel for in-depth reports on the economy, politics and governance, and investigative reports.

    Support the ICIR

    We invite you to support us to continue the work we do.

    Your support will strengthen journalism in Nigeria and help sustain our democracy.

    If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here


    Support the ICIR

    We need your support to produce excellent journalism at all times.

    - Advertisement

    Recent

    - Advertisement