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Finance

FEC approves N3.4bn consultancy fee for second Abuja airport runway project

The federal executive council (FEC) has approved the sum of N3.4 billion as consultancy fee for the construction of a second runway at the Nnamdi Azikiwe International Airport (NAIA), Abuja.

Garba Shehu, presidential spokesperson, disclosed this to journalists after the council meeting presided over by Vice-President Yemi Osinbajo on Wednesday.

FEC had approved N92.123 billion for the construction of the second runway in March last year.

Shehu said the council also approved N449.9 million for the engagement of consultants for the development of a master plan for 17 airports in Nigeria.

The airports are Murtala Mohammed (Lagos), Nnamdi Azikiwe (Abuja), Mallam Aminu Kano (Kano), Port Harcourt, Owerri, Benin, Enugu, Maiduguri, Yola, Kaduna, Calabar, Ilorin, Sokoto, Ibadan, Jos, Akure, and Katsina.

Meanwhile, the presidential spokesperson said FEC also approved N90 billion for the completion of various roads totalling over N125 billion.

According to Shehu, over N33 billion was approved for the completion of some major roads in Borno, Adamawa, Kogi, Delta, Ondo, Ogun, and Benue states.

He noted that N10.3 billion was approved for the construction of a multi-storey office complex of the Federal Inland Revenue Service (FIRS) in Lagos.

The presidential spokesperson said the council also approved the establishment of the National Institute for Domestic Security at Irogbo-Ilesa, Osun state, which had a budgetary provision of N285 million in 2022 and N360 million in 2023.

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