ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Tuesday, January 26, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Babatunde Raji Fashola

Minister of Works, Power and Housing, Babatunde Raji Fashola

Nigerian govt to construct Cameroon-Nigeria border bridge at $47 million

bySani Tukur
February 22, 2017
1 min read
ADVERTISEMENT

The Nigerian Government on Wednesday approved the construction of the Cameroon-Nigeria border link bridge as part of its efforts to strengthen the bilateral ties between the two countries.

The Minister of Power, Works and Housing, Babatunde Fashola, who briefed State House Correspondents shortly after the meeting of the Federal Executive Council, FEC, presided by Acting President Yemi Osinbajo, said the construction would gulp $38 million, while $9 million would be for consultancy.

“We presented a memo to construct the Cameroon-Nigeria border link bridge, at Ikot Efiom under the African Development Bank support, for improving relationship between Cameroon and Nigeria post the ICJ judgment over Bakassi; and council approved that bridge.

“It’s part of the link road between Enugu -Abakaliki way which is already completed and part of the larger Lagos-Mumbasa Highway.

“$38 million is for the construction contract and $9 million for the consultancy and this was done under ADB procurement guidelines,” Mr. Fashola said.

The Minister, who was flanked by the Minister of Information, Lai Mohammed, and his counterpart in the Environment, Amina Mohammed, said the council also approved the construction of Kaduna-Eastern bypass highway at the cost of N32 billion.

“We also presented a memo for the resuscitation and completion of the Kaduna Eastern bypass highway, which was started in 2002 and was initially planned to have been completed within three years; but 15 years after, it remains uncompleted.

“Council also approved this, and it is a 50 kilometre highway and dual carriage way with nine bridges over rivers and rail crossings there.

“The project was first awarded in 2002 at N16 billion, we have had to get approval for N22 billion verbatim and so that takes that project cost now to N32 billion.

RelatedNews

PROFILE: Ahmadu Umaru Fintiri, Governor, Adamawa State, Nigeria [2019 — ]

PROFILE: Babagana Zulum, Governor, Borno State, Nigeria [2019 –]

PROFILE: Abdullahi Sule, Governor, Nasarawa State, Nigeria [2019 – ]

VIDEO: How my three-year-old daughter was sexually molested in Akwa Ibom school – Mother

“The contractor was paid N5.5 billion in 2002; if we had paid the contractor N11 billion then when exchange rate was N109 it would have cost us $96 million. If you multiply $96 million today even at official rate of N305 is now N29 billion,” he said.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (15)
premiumtimes



PT Mag Campaign AD

Previous Post

Nigerian govt approves new environment policy

Next Post

Nigeria’s sovereign wealth rises by over 440 per cent — Agency

Sani Tukur

Sani Tukur

More News

A man is being tested for COVID-19 in Nigeria [PHOTO: TW: @NCDCgov]

COVID-19 variant, causing anxiety in UK, found in Nigeria – Official

January 25, 2021
Moderna vaccine in a syringe [PHOTO: Axios]

COVID-19: Moderna says own vaccine effective against UK, South Africa variants

January 25, 2021
EFCC Officials

Court discharges Atiku’s lawyer, brother of N763million money laundering charges

January 25, 2021
A farmer in Northern Nigeria [PHOTO: FAO]

Nigeria’s agric agency to employ 30,000 graduates

January 25, 2021
Map of AFrica

Western sources play major role in how the Africa story is told

January 25, 2021
Unilever Nigeria Plc

Weak sales stretch Unilever’s loss into second year

January 25, 2021
Next Post
Managing Director, Nigerian Sovereign Investments Authority, NSIA, Uche Orji

Nigeria’s sovereign wealth rises by over 440 per cent — Agency

Kaduna State map used to illustrate the story.

Two Germans kidnapped in Kaduna - Police

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad




Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,606,403 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert

Heritage Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.