Home Business FEC okays $188.807M for road, power, port projects
FEC okays $188.807M for road, power, port projects
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FEC okays $188.807M for road, power, port projects

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The Federal Executive Council has approved $188.807 million and N8.576 billion for road, power and port projects.

The approvals included reimbursement of N7.943 billion to Kwara State for construction of Kayamakishe road.

Afam Power Plant was approved for $186.6 million.

The contract for the substation of the Afam plant is $2.207 million for the offshore components and N133.184 million for the local components.

The council also approved N500 million for completion of Baro River Port.

Minister of Power, Works and Housing, Babatunde Fashola said for road project, Kwara is allowed to construct the road and be refunded in the future.

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