The Federal Government has granted Ogun State’s request to reconstruct the Abeokuta-Ota Expressway, as announced by Minister of Works, Dave Umahi. He noted that the state will recover the expenses through toll collection and will not receive a refund.
Umahi also revealed that a coastal road project spanning four states would be executed in two phases. During a briefing following the FEC meeting in Abuja, the minister explained that the government is focusing on redesigning ongoing projects with concrete pavements to address inflation and variations.
The FEC approved the coastal road project running from Lagos to Port Harcourt to Calabar in Phase One, and from Sokoto to Ogoja in Phase Two, to be implemented through Engineering Procurement and Construction plus Financing (EBC + F).
Furthermore, eight roads initially meant for concession under the previous administration were also approved, with financial closure expected in November. Additionally, 25 new roads were approved for concession under the Public-Private Partnership (PPP) model, which is known to have a longer timeline.
Lastly, the PPP approach for the Ijora Park in Lagos was approved and awarded to Beta Nigeria Ltd, a project initiated by the previous administration. Consultancy for projects funded by NNPC and FIRS was also granted approval.
