The Federal Executive Council (FEC) has approved N14.09 billion as augmentation of the contract sum for the construction of a road in Kano state.
Minister of Works and Housing, Mr Babatunde Fashola, who stated this said the contract was inherited from the previous administration.
“The Ministry of Works and Housing presented a council memo to get approval for the augmentation of the contract price for the completion of the Kano Western bye-pass which we inherited. The project had essentially not been funded in previous budget years.
“We are now executing it by the Sukuk Bond. Council considered and approved the augmentation which was for N14.095 billion. Some of the items covered by the augmentation include the old amount for Value Added Tax (VAT), which was increased from 5-7.5 percent.
“Others are the need to construct a flyover at Dawano International Market interchange and also the need to construct more hydraulic facilities to help drain water especially in the parts of the road that pass through the city centres and towns and the council approved this,” he said.
He said when completed, the road would link the Kano-Maiduguri highway which is almost completed.
