The Federal Executive Council (FEC), presided over by Vice-President Yemi Osimbajo, on Wednesday, approved N54billion for the reconstruction of Odukpani Itu-Ikot Ekpene road linking Akwa Ibom and Cross River states.
The Minister of Power, Works and Housing, Babatunde Fashola, disclosed this when he briefed State House correspondents on the outcome of the FEC meeting held in the Presidential Villa, Abuja.
He stated that the road, which was constructed over 40 years ago, would boost socio-economic activities and improve the performance of the economy by reducing journey time, the cost of doing business and also create more job opportunities.
Fashola added that this is consistent with the promise of this administration to create employment opportunities from construction works and stimulate the economy.
“We will do the best to quickly mobilise the contractor to site with the onset of the rainy season and I am sure that by this time next year, it will be a better story, a better journey time experience in that area of the country,” he said.
Also addressing the reporters, the Minister of State for Aviation, Hadi Sirika disclosed that the Council approved N1.5billion for projects in the aviation sector.
He disclosed that the Council approved the appointment of transaction advisers to carry out advisory services on establishment of national carriers, establishment of aviation leasing company and establishment of maintenance repair and overhaul centre.
He said advisers were also approved for the establishment of Aerotropolis or airport city and for the concession of the nation’s airports.
The Minister of Water Resources, Alhaji Suleiman Adamu told the correspondents that the Council approved contract verification of the dairy irrigation project located along Kano and Jigawa states.
He noted that the project, which is about 2,300 hectare, was abandoned after reaching 50 per cent completion about 17 years ago.
According to the minister, there is already a provision for the project in the 2016 budget and it has also been included in the 2017 budget.
Minister of Information and Culture, Lai Mohammed also explained that President Muhammadu Buhari’s absence at the Wednesday’s Federal Executive Council (FEC) meeting followed medical advice from his doctors.
The minister stated that the President, who was in office on Tuesday, was asked to take some rest by his doctors, today.
He thanked Nigerians for their concern and prayers for the quick recovery of the president.
Mohammed dismissed as wicked and ungodly the insinuation that the President’s health had deteriorated to the extent that he was being assisted before taking his meals.
According to the minister, President Buhari deserves commendation from all well-meaning individuals and groups for being transparent and upfront in the matter concerning his health.