7 November 2012

Nigeria: Julius Berger to Rehabilitate Ecowas Building

Julius Berger Nig. Plc has clinched the contract to rehabilitate the Economic Community of West African States (ECOWAS) Parliament Building in Abuja, as the Federal Executive Council (FEC) Wednesday approved over N7.444 billion for various projects across the country.

The FEC, presided over by President Goodluck Jonathan, also received a memo from the Ministry of Power on the signing of a Memorandum of Understanding (MoU) on two hydro-electric power projects - Mambila and Zungeru.

A breakdown of the money approved for the projects show that the ECOWAS building, billed to be bankrolled from the Federal Capital Territory (FCT) statutory allocation, will gulp N3.432 billion while the construction of a 23 kilometre road in Ondo State by the Ministry of Niger Delta will gulp N3.564.991 billion as the completion of the Ibadan-Oyo expressway got augmentation of N444 million.

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