The Federal Executive Council (FEC) presided over by President Goodluck Jonathan, yesterday reviewed progress on two major roads Benin-Ore Express way as well as Okene-Benin Express way.
It approved the total contract sum of N147.4 billion for the Execution of Phase II, Dualisation of Lokoja-Benin Road Section I, II, III and IV in Kogi State and Edo State as well as the reconstruction and asphalt overlay of Benin-Ofosu-Ore-Ajebandele-Shagamu dual carriageway Phase IV: Ajebandele-Shagamu KM162 + 586 (Ondo State to KM 261 + 000 (Ogun) in Ogun State.
Briefing State House correspondents at the end of the meeting which lasted till 5 p.m. the Minister of Information, Labaran Maku and his Works counterpart Mike Onolememen, said the four sections of the road will cost N75.8 billion.
The minister said:”Contract No. 6135 for the dualisation Lokoja-Benin Road Section I: Obajana Junction-Okene (40.00km) in Kogi State in favour of Messrs CGC (Nigeria_ Limited in the sum of N18,905,502,377.69 thereby revising the contract sum fron N11.663,957,682.30 to N30,569,460,059.99 .
“Contracts No. 6136 for the dualisation of Lokoja-Benin Road Section II: Okene-Auchi (26.70km) in Kogi and Edo states, in favour of Messrs Mothercat Limited in the sum of N10,227,820,541.42, thereby revising the contract sum from N11,086,276,140.35 to N21,294,096,681.78.
“Contract No. 6137 for the dualisation of Lokoja-Benin Road Section III: Auchi-Ehor (29.20km) in Edo State in favour of Messrs Danata and Sawoe Construction Company Limited in the sum of N23,206,811,244.87, thereby revising the contract sum from N11,659,588, 909.69 to N34,866,400,154.56.
“Contract No. 6138 for the dualisation of Lokoja-Benin Road Section IV: Ehor-Benin (47.70km) in Edo State in favour of Messrs RCC (Nigeria) Limited, in the sum of N23,572,346,477.53 thereby revising the contract sum from N11,679,997,440.71 to N35,253,343,918.24”.
Onolememen said all contracts will take 36 months to complete.