In a recent meeting presided over by Vice-President Yemi Osinbajo, the Federal Executive Council (FEC) of Nigeria made substantial approvals for infrastructure and aviation projects. These developments signify the government’s commitment to improving transportation and enhancing economic growth.
The FEC has given its nod to a consultancy fee amounting to N3.4 billion for the construction of a second runway at the esteemed Nnamdi Azikiwe International Airport (NAIA) in Abuja. This follows a previous approval of N92.123 billion for the project in March of the previous year. The decision demonstrates the government’s dedication to enhancing aviation infrastructure and ensuring efficient air travel operations.
The FEC also sanctioned an expenditure of N449.9 million to engage consultants for the development of a comprehensive master plan for 17 prominent airports in Nigeria. These airports include 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. This strategic initiative aims to optimize the efficiency and capacity of these airports, thereby bolstering the nation’s air travel infrastructure.
With a commitment to improving the nation’s road network, the FEC approved N90 billion for the completion of various road projects, totaling over N125 billion. Notably, more than N33 billion was allocated to finalize key road projects in Borno, Adamawa, Kogi, Delta, Ondo, Ogun, and Benue states. These investments will facilitate safer and more efficient transportation across the country.
To enhance the operational capabilities of the Federal Inland Revenue Service (FIRS), the FEC granted approval for the construction of a multi-storey office complex in Lagos. This project, estimated to cost N10.3 billion, will provide a modern and conducive working environment for the agency’s employees.
The FEC’s recent meeting also witnessed the approval for the establishment of the National Institute for Domestic Security in Irogbo-Ilesa, Osun state. The institute has been allocated a budgetary provision of N285 million in 2022 and N360 million in 2023. This initiative underscores the government’s dedication to strengthening domestic security infrastructure and equipping security agencies with the necessary skills and knowledge to protect the nation effectively.
The recent approvals by Nigeria’s Federal Executive Council signal a significant stride in the country’s infrastructure and aviation development. With investments in runway construction, airport master planning, road completion, and security infrastructure, the government aims to boost economic growth, improve transportation networks, and ensure the safety and well-being of its citizens. These developments pave the way for a brighter and more prosperous future for Nigeria.