Impact News
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.
Also, ₦64 Billion was approved for the Benin-Warri Dual Carriageway.
The Lokoja-Benin road 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.
The Honourable Minister of State, Federal Ministry of Finance, Budget and National Planning, Prince Clem Ikanade Agba, commended the president, Muhammadu Buhari, for the approval of the project.
“I am grateful to His Excellency, President Muhammadu Buhari, GCFR, as the approval covers section two 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,” he said.
