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The News Beam
Home News Business & Economy

Road Construction: Buhari Approves Over N800 Million As Project Supervision Fee

November 17, 2021
in Business & Economy
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President Muhammadu Buhari has approved the sum of N895,250,00 as a supervision consultancy fee for the construction of the Bodo-Bonny Highway in Rivers State. 

Mr. Babatunde Fasola disclosed this after the Federal Executive Council meeting presided over by Buhari at the Presidential Villa in the country’s capital.

He explained that the council assented to two memoranda presented by his ministry. These memoranda focused on the ongoing construction of the Bodo-Bonny Highway, as well as the construction of the Idah-Nsukka Road, linking Kogi and Enugu states.

Fashola said, “On behalf of the Ministry of Works and Housing, I presented two memoranda to Council, the first was to appoint the consultant to undertake the supervision consultancy for the construction of the Bodo-Bonny Road and bridge, which was previously awarded by Council. So, we now have a consultant helping to supervise what the contractor is doing. 

“The supervision consultancy was awarded at the sum of N895,250,000 to a group called Pearl Consultants”, the Minister added. 

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“The second memorandum was for the award of the contract for the rehabilitation of the Idah-Nsukka Road, an 84 kilometer road, linking Kogi and Enugu states, which Council approved for the sum of N26.172 billion, in favour of a joint venture of Messrs. Sajeto Construction and RN Construction.”

Tags: #Babatunde Fashola#Bodo-Bonny Highway#Buhari
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