FGN Approves The Sum ₦75 Billion For The Reconstruction Of The Dualized Lokoja-Benin Road.
Reports, by Ebor Cletus Ralph Jr.
Prince Clem Ikanade Agba (@ClemAgba) tweeted at 7:57 pm on Wed, Jan 18, 2023:
Today, the Federal Executive Council approved the sum of ₦75 billion for the reconstruction of the dualized Lokoja-Benin Road, specifically extending from Obajana Junction in Kogi State to Benin, the capital of Edo State and ₦64 billion for the Benin-Warri Dual Carriageway.
The Lokoja-Benin Road which was included in the Infrastructure Development and Refurbishment Investment Tax Credit Scheme Phase 2 is a critical asset that links the entire South-south zone to the Northern part of the country.
I am grateful to His Excellency, President Muhammadu Buhari, GCFR, as the approval covers section 2 of the road from Okene-Auchi, section three from Auchi – Ehor and section four from Ehor – Benin at the cost of N25 billion each, and to the Honourable Minister of Works and Housing, Babatunde Fashola, for his contribution towards securing both presidential and FEC approvals.