FEC Approves ₦3.94tn for Roads, ₦286bn for Vessels
The Federal Executive Council (FEC) has approved a combined ₦3.94 trillion for 25 major road projects across 10 states, alongside ₦286 billion for specialised maritime vessels to strengthen Nigeria’s port system.
The approvals were made at the council’s first meeting in three months, presided over by President Bola Tinubu.
Minister of Works Dave Umahi said the decisions covered road construction, rehabilitation, dualisation, and concession arrangements.
Umahi disclosed that the council ratified the full business case for the Lagos–Ibadan Expressway, awarding operation and maintenance to Aspect Concession Company Limited.
He noted that completed sections of the road were deteriorating, prompting Tinubu to order full reconstruction using reinforced concrete technology.
He also announced the rescoping of the 400.9km Mokwa–Tegina–Bida–Lambata road in Niger State to the Dangote Group under the tax credit scheme, valued at ₦1.83 trillion, after the previous contractor failed to deliver.
“We lost a lot of people there. Mr President said we should allow Dangote, who has major investments along that corridor, to do it,” Umahi explained.
Other approvals included 23 road projects worth ₦2.08 trillion across Adamawa, Taraba, Ebonyi, Kwara, Cross River, Kogi, Lagos, Niger, Oyo, and Plateau.
These cover projects such as the Ilorin–Ogbomosho dual carriageway (₦276bn), Abakaliki–Afikpo road (₦116bn), and Jimeta–Mayoni–Mayo–Beleworu road in Adamawa (₦83bn).
On maritime infrastructure, Minister of Environment Balarabe Lawal, speaking for Marine and Blue Economy Minister Adegboyega Oyetola, said FEC approved anti-pollution boats (₦59bn), six pilot-transfer cataboats (₦80bn), two firefighting boats ($16m/₦34bn), and a ₦112.8bn dredging contract for the Escravos–Warri waterway.
Lawal explained that the anti-pollution vessels would tackle plastic and industrial waste in waterways, while firefighting boats would patrol oil terminals and jetties.
The dredging project will improve navigation, pollution monitoring, and surveillance in line with IMO standards.
Umahi added that the first lot of the Lagos–Abuja–Kaduna–Kano road (118km) worth ₦257bn has been completed, with the remaining 164km expected to finish by November.
He stressed that these projects would reduce accidents, boost trade, and improve national infrastructure.
