Connect with us

NEWS

NNPC To Mobilise Funding For Badagry Expressway Next Week — Fed Works Controller

Published

on





Federal Controller of Works in Lagos, Mr Olukayode Popoola

 

The Federal Controller of Works in Lagos, Mr Olukayode Popoola, says his ministry is fine tuning modalities for Nigerian National Petroleum Corporation (NNPC) to mobilize funding for the Badagry Expressway project.

Advertisement

 

Popoola said on Wednesday in Lagos that the highway would henceforth get lots of attention because of NNPC’s involvement in the project under Federal Government’s Tax Credit Scheme.

 

Advertisement

“Lagos-Badagry Expressway project is part of the projects NNPC is funding under the Tax Credit Scheme among the 21 roads selected nationwide.

“So, it is going to receive a lot of attention more than what it has been receiving before,” Popoola said.

 

Advertisement

He explained that the funds were already available but that NNPC was perfecting documentation towards mobilising fully to site.

“In a couple of days, we should be done with documentation. This month, give us like another one week more, NNPC funds will be on the road, you will see the effect in a week’s time.

“The contractors are on site and have never left, so, if this fund comes now, it is another way of strengthening them and they will move faster,” he said.

Advertisement

According to him, the construction would be evaluated the same way the SUKUK funds were monitored for monies to be released based on valuation of the actual construction done on the site per time.

He, however, declined comment on the total sum voted for the highway because he did not have the figures handy.

Lagos State Government is responsible for the Iganmu – Okokomaiko section of the highway, while FERMA is handling Okokomaiko – Agbara axis of the road.

Advertisement

Also, the federal government had on Oct. 24, 2018 awarded the reconstruction of the 46km Agbara – Seme section of Badagry expressway to CGC Nigeria Limited at a sum of N63.2 billion.

Also speaking on Lagos-Ibadan Expressway project, the controller said on section one which spans from Ojota in Lagos to Sagamu Interchange, being handled by Julius Berger had reached final layer on 37 out of 44 kms.

“So, we have less than 8kms of the carriageway to complete, so, tentatively, we are still completing that project as the Honourable Minister said, next year, 2022, say June,” he said.

Advertisement

 

Advertisement
Click to comment
FEATURED10 hours ago

Chant of ‘No Objections’ Deafens Public Hearing on Anioma State Creation

FEATURED11 hours ago

South-South APC Backs Tinubu’s 2027 Bid as Sole Candidate, Endorse APC Govs in Major Political Scheme

FEATURED22 hours ago

FBI Goes After Lagos-based Man Who Allegedly Diverted Trump’s 2025 Inauguration Fund of N460 Million

COMMUNITY REPORT1 day ago

Historic 71-Year Campaign for Anioma State Gains Momentum at Public Hearing as Delta North Monarchs Urge Justice and Action

COMMUNITY REPORT1 day ago

Isoko South Chair Urges Trainees of ‘More Cap-Up’ Scheme to Make Judicious Use of Starter Packs

FEATURED1 day ago

Constitutional Review: Stakeholders Unanimously Demand, Submit Memoranda for Creation of Anioma State from Delta

FEATURED1 day ago

Wike Bombs Amaechi, Accuses His Wife of Fleecing NDDC Funds, Calls Tinubu to Release Forensic Audit Report

Delta Politician
COMMUNITY REPORT2 days ago

NUJ Warri Lauds Tompolo, Other Benefactors, Tasks Delta Govt on Eburu Street Road Repair

OPINION2 days ago

ANIOMA STATE CREATION: ANOTHER FEATHER IN NWOKO’s CAP

FEATURED2 days ago

Chevron’s Boss Calls for Pragmatic Approach to the Future of Energy at NOG 2025

FEATURED3 days ago

DELTA CENTRAL 2027: WHAT URHOBO NATION NEEDS IS A SMART AND WORKING SENATOR, NOT AN OKPE-SLOT FILLER

FEATURED3 days ago

NEPC Forthcoming Promotion Exam: No Breach of Civil Service Rules – Official Dismisses Report of Nepotism

ENTERTAINMENT3 days ago

CEO of Rero TV Announces 5th Anniversary Celebration for Sapele

FEATURED3 days ago

Suspected Cultists Arrested as Police Recover Pistol, Stolen Vehicle in Delta

Senate
FEATURED3 days ago

Expectations High as Public Hearing on Anioma State Creation Begins on Friday

Advertisement
Advertisement