Home Business FEC approves $40m for Nigeria/Cameroon link bridge
FEC approves $40m for Nigeria/Cameroon link bridge
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FEC approves $40m for Nigeria/Cameroon link bridge

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Image result for FG approves $40m for Nigeria/Cameroon link bridgeThe Federal Government of Nigeria has approved $3.9 billion , sourced from the African Development Bank for the construction of the Nigeria/Cameroon border link bridge at Ikot-Efiom in Cross River State.

The project is being funded under the bank’s support for improving relations between Cameroon and Nigeria following the International Court of Justice judgment, which ceded Bakassi to Cameroon.

The project covers ?part of the ?link road to between Enugu/Abakaliki highway, which is at an advanced stage of completion. It is also part of the larger Lagos/Mombasa highway.

The Minister of Power, Works and Housing, Babatunde Fashola has disclosed that $38 million is for the construction contract while $1.9 million is for consultancy under the ADB procurement guidelines.

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