Nigeria approves $5.7bn construction spend
Nigeria’s Federal Executive Council (FEC) has approved over $5.7 billion (N430.5 billion) for the construction of 17 roads and bridges across 15 states of the federation.
Nigeria’s Minister of Works Mike Onolememen, who briefed Journalists on the outcome of the weekly FEC meeting presided over by President Goodluck Jonathan, said that the projects which were meant to further enhance the ongoing transformation of the nation’s road sector would create about 13,600 jobs, improve economic growth and general lives of the people in the affected states.
“These new projects that have been awarded today, approved by the council, are all provided in the 2014 Appropriation Act of the National Assembly.
“Infrastructure projects will help to catalyse economic growth, because people must be busy. There are Nigerians who will be engaged to do these jobs and all that.