Federal Govt Approves N437bn Road Projects, Trailer Park Concessions

Federal Govt Approves N437bn Road Projects, Trailer Park Concessions

The Federal Government has approved and ratified major road construction and rehabilitation contracts, as well as three private-sector concessions for highway and trailer park projects under the Public-Private Partnership (PPP) model.

Tinubu approves construction, rehabilitation of eight road projects

President Bola Tinubu has approved eight road projects and several trailer park concessions worth over N438 billion across seven states of the federation. The Minister of State for Works, Bello Goronyo made this disclosure on Wednesday immediately after the Federal Executive Council, FEC, meeting held at the Presidential Villa in Abuja. DAILY POST reports that the meeting […] Tinubu approves construction, rehabilitation of eight road projects

FEC approves N438bn road projects, concessions

The Federal Executive Council (FEC) has approved road construction and rehabilitation projects worth about N438 billion nationwide. The approvals also included concessions for trailer parks and highways under public-private partnership arrangements. The Minister of State for Works, Mr Bello Goronyo, disclosed this while briefing State House correspondents after Wednesday’s FEC meeting. The meeting was presided over by President Bola Tinubu at th…

FEC Approves ₦438 Billion Nationwide Road, Trailer Park Projects (Full List)

The Federal Executive Council (FEC), led by President Bola Tinubu, has approved road projects and several trailer park concessions nationwide. Naija News reports that... The post FEC Approves ₦438 Billion Nationwide Road, Trailer Park Projects (Full List) appeared first on Naija News.

FEC Approves N438 Billion Road Projects Nationwide

The Federal Executive Council (FEC) has approved road construction and rehabilitation projects worth about N438 billion nationwide, including concessions for trailer parks and highways under public-private partnership arrangements. Minister of State for Works Bello Goronyo disclosed this while briefing State House correspondents after Wednesday’s FEC meeting presided over by President Bola Tinubu. Goronyo said the Council considered about 15 mem…

FEC approves N438bn road projects, trailer Park Concessions nationwide

On the trailer park concessions, Goronyo said the council approved public-private partnership arrangements aimed at removing heavy-duty vehicles from highways and providing truck operators with properly developed parking facilities.