During a briefing with journalists at the State House the Minister of Works, Mr. Babatunde Fashola, disclosed He said: “The Ministry of Works and Housing presented one memorandum for the award of roads. The first is Balle – Kurdulla -Niger Republic border road in Sokoto. It’s in favour of Messrs North Sea Limited joint venture with Ceasar Engineering at N9. 576 million to be completed in 24 months. The road is 46 kilometres.
“The second one is for Kunya – Niger Republic border phase II which is in Jigawa State at N19. 763.567 billion. The length of the roads is 50 kilometres and council considered and approved this memorandum on the justification made that it is critical to execute our mandate under the Economic Recovery and Growth Plan and ministerial mandate to improve infrastructure but also for the enablement of business across borders particularly now that we have taken an affirmative position of the African Continental Free Trade Agreement and the markets in that area of the country do a lot of trade across borders. So, this is a good boost for business as well.”
Also briefing, the Minister of Water Resources, Alhaji Suleiman Adamu said the council approved a memorandum of understanding seeking to extend the consultancy services on Kontagora-Auna Dam and Irrigation Project in Niger State.
Adamu, who said the project took off in 1987 and was abandoned, explained that the federal government opted to revive the project in 2017/2018 and consequently approved N734.5 million for the extension of the services of the consultants by three years yesterday.
In his own briefing, the Minister of Aviation, Senator Hadi Sirika, said the council also approved a memorandum seeking the refurbishment of the Accident Investigation Bureau (AIB) office in Abuja as well as the establishment of a training school for accident investigation in the federal capital at the cost of N591.8 million and N645.4 million respectively.
“The contract sum for the construction of the school is N645, 453,627.80. For the refurbishment of the office, it is N591,857,050.39. It was taken and approved. The sum is inclusive of the equipment in the laboratory, it has laboratory components and the equipment are from their manufacturers, through the representatives of those manufacturers.
“They will be certified by International Civil Aviation Organisation and the ICAO, which is the regulator of the industry in Nigeria,” he said.
“There is a gold purchase scheme. There is a presidential initiative on that. The CBN has agreed to keep part of its foreign reserve in gold. The CBN will be the off-taker of the gold in Nigeria. We have licensed two refineries in Nigeria.
“One is in Abuja. One is in Mowe in Ogun State. They will refine gold and of course produce bellium that the CBN can buy at international prices. This is also encouraging mining in Nigeria,” he said.
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Source: MandyNews.com
