Skip to main content

Nigeria’s FEC approve road works valued at US$768.43 million

Nigeria’s Federal Executive Council (FEC) has approved reconstruction deals for the five main economic arterial roads worth US$768.43 million (NGN 123.8 billion). A $92.1 million (NGN 14.99 billion) deal will see Julius Berger carry out the Apapa-Oshodi expressway section 2, phase II reconstruction has also been approved. The project is targeted for completion in 15 months. Kopek Construction has secured a $45.1 million (NGN 7.34 billion) deal to complete the Akure to Ilesha road in 21. Triacta Nigeria
August 22, 2013 Read time: 1 min
RSSNigeria’s Federal Executive Council (FEC) has approved reconstruction deals for the five main economic arterial roads worth US$768.43 million (NGN 123.8 billion).

A $92.1 million (NGN 14.99 billion) deal will see Julius Berger carry out the Apapa-Oshodi expressway section 2, phase II reconstruction has also been approved. The project is targeted for completion in 15 months.  Kopek Construction has secured a $45.1 million (NGN 7.34 billion) deal to complete the Akure to Ilesha road in 21. Triacta Nigeria has won a 67.03 million (NGN 10.91 billion) contract for the rehabilitation of Mokwa to Bida road over the next two years. The second section of the Enugu-Port Harcourt dual carriageway will be built within 40 months by Arab Contractors Nigeria who secured a construction deal worth $312.69 million (NGN 50.89 billion). Finally, Setraco Nigeria has won a $243.01 million contract to build first section of the Enugu-Port Harcourt dual carriage way over the next 40 months.

Related Content

  • Australia road contract for German firm Hochtief
    September 15, 2017
    German firm Hochtief will see its Australian subsidiary CPB Contractors carry out a US$294 million (A$365 million) project on a stretch of Australia’s Pacific Highway. The package of works involves widening and upgrading a 34km section of the highway, with construction now starting and due for completion during 2020. The improved route will be widened so that it has four lanes, with two in either direction and will offer increased capacity as well as better safety for drivers.
  • Upgrades planned for key UK link
    July 14, 2014
    Work is now to go ahead on upgrading a key stretch of the A21 road in the UK. Contractor Balfour Beatty will handle the work to widen a stretch of the A21 between Tonbridge and Pembury and also improve the road, with it becoming a dual carriageway. The €87.55 million (£69.7 million) scheme forms part of a plan by the UK Government for a series of road improvements of €30.15 billion (£24 billion) by 2021. Advance work is expected to start in the third quarter of this year with the main construction activity
  • Highway work planned for Serbia
    August 10, 2012
    A series of major highway construction and road repair projects is planned for Serbia. The World Bank (WB), the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have all been in talks with the Serbian Government concerning funding for the work. Funding worth €408.46 million has been approved by the three banks for programme of highway construction and road repairs.
  • Bosnia gets EBRD loan for Corridor 5c work
    January 8, 2024
    The project will include the construction of an interchange and a 15 km dual-carriage motorway section, along the Mostar North-South section.