Business & Finance

Federal Executive Council approves N628 million for Abuja Airport

The Federal Executive Council has approved a variation of N628 million for the new runway of the Nnamdi Azikiwe International Airport, Abuja.

Minister of Transport, Rotimi Amaechi stated this to Journalists at the end of Wednesday's cabinet meeting presided over by President Muhammadu Buhari.

According to the Minister, said the variation consists of more or less an additional work on the runway.

The Ministry of Transportation had two memoranda approved at the meeting. One of them had to do with the variation of cost for the Abuja runway which came earlier in April but was stepped down for the Ministry to liaise in terms of pricing with the Ministry of Works. That was done and brought back to cabinet. The work was reviewed and the cabinet approved the increase of N628, 123, 590.06 as variation on the job. Actually what we refer to as variation is an additional work that we ran into in the cause of the construction or repair of the runway, he said.

The Transport Minister further said the Council approved the sum of N1.2 billion for the procurement of Pilot quarters for Tincan and Apapa Ports all in Lagos.

He said: We have what we refer to as Pilot quarters, these are vessels that convey pilots, who move ships or vessels form point 'A' to point 'B' and currently we have Pilot quarters everywhere, excluding Tincan and Apapa, which constitute the Western Ports so we came to Cabinet to request that they award the contract to enable us purchase the two pilot quarters to serve both Tincan and Apapa. That was approved; it was awarded at N1, 210, 385, 255. 37.

Source: Voice of Nigeria

Business & Finance

Federal Executive Council approves N628 million for Abuja Airport

The Federal Executive Council has approved a variation of N628 million for the new runway of the Nnamdi Azikiwe International Airport, Abuja.

Minister of Transport, Rotimi Amaechi stated this to Journalists at the end of Wednesday's cabinet meeting presided over by President Muhammadu Buhari.

According to the Minister, said the variation consists of more or less an additional work on the runway.

The Ministry of Transportation had two memoranda approved at the meeting. One of them had to do with the variation of cost for the Abuja runway which came earlier in April but was stepped down for the Ministry to liaise in terms of pricing with the Ministry of Works. That was done and brought back to cabinet. The work was reviewed and the cabinet approved the increase of N628, 123, 590.06 as variation on the job. Actually what we refer to as variation is an additional work that we ran into in the cause of the construction or repair of the runway, he said.

The Transport Minister further said the Council approved the sum of N1.2 billion for the procurement of Pilot quarters for Tincan and Apapa Ports all in Lagos.

He said: We have what we refer to as Pilot quarters, these are vessels that convey pilots, who move ships or vessels form point 'A' to point 'B' and currently we have Pilot quarters everywhere, excluding Tincan and Apapa, which constitute the Western Ports so we came to Cabinet to request that they award the contract to enable us purchase the two pilot quarters to serve both Tincan and Apapa. That was approved; it was awarded at N1, 210, 385, 255. 37.

Source: Voice of Nigeria