N25Billion Enugu- port Harcourt Road Project: FG Briefs Nigerians
Eriacy Confidence
The Federal Government has briefed Nigerians on the state of the Enugu Port Harcourt road project awarded for 25 Billion Naira.
Minister also said that 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.
“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.”
The Minister of Works and Housing, Babatunde Fashola while briefing said, “The Ministry of Works and Housing presented two memoranda. The first one was to aid the completion of the Enugu-Lokponta section of the Enugu- Port Harcourt highway, it was the augmentation of an existing contract by N25 billion, the council approved that augmentation
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