• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

FEC approves N82 billion for infrastructure projects in the FCT

William Ukpe by William Ukpe
March 25, 2021
in Business, Business News, Energy, Spotlight
FCTA to implement FG’s e-Government Master Plan from 2021

Mr Muhammad Bello, Minister, Federal Capital Territory (FCT)

Share on FacebookShare on TwitterShare on Linkedin

The Federal Economic Council has approved the sum of N82 billion for the completion and rehabilitation of infrastructure projects in the Federal Capital Territory. The projects range from the Federal Secretariat to the expansion of the outer Southern Expressway and many others.

This was disclosed by the Minister of the FCT, Malam Muhammad Bello in a statement after the FEC meeting, presided over by President Muhammadu Buhari in Abuja on Wednesday.

What the FCT Minister is saying

The Minister disclosed that a total of six memos were presented to the FEC which were all related to infrastructure and infrastructure-related projects. He revealed that the sum of N8.1 billion was approved for Federal Secretariat rehabilitation.

RelatedStories

FCTA approves N2.1 billion contracts for FCT as FCT-IRS gets N242.8 million for Microsoft license 

Wike vows ‘aggressive’ revenue collection in FCT amid N262 billion 2024 IGR 

March 29, 2025
Trader, food

Prices of onions, beans, others crash in FCT, environs

March 17, 2025

“The first one is for the revision of the contracts for the rehabilitation and expansion of the outer Southern Expressway to Ring Road I in the Federal Capital City.

“That contract was approved at a varied contract amount of N15,125,122,967. It is expected that this contract would be completed within 24 months.

“The second project which was also approved is for the revised estimated cost of the contract for the construction of a 15-kilometre left-hand service carriageway of the outer surface of the outer Southern Expressway stage II.

“The augmentation of this particular project is in the sum of N11,476,476,424,350,” Bello said.

“The third memo is for the rehabilitation of phase I of the Federal Secretariat, which involves electro-mechanical systems, water system as well as other general rehabilitation.

“This is a secretariat that was inaugurated in 1993, quite a long time ago so we are doing massive rehabilitation of that at a total sum of N8, 110, 665, 676.76 and the completion period is 24 months,” he added.

In case you missed it: Nairametrics reported yesterday that the FCT Minister, Muhammad Musa Bello, presented the sum of N299,963,491,522.46 as the proposed FCT 2021 statutory budget.


Follow us for Breaking News and Market Intelligence.
Tags: FCTFederal Economic Council
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

FCTA approves N2.1 billion contracts for FCT as FCT-IRS gets N242.8 million for Microsoft license 
Economy

Wike vows ‘aggressive’ revenue collection in FCT amid N262 billion 2024 IGR 

March 29, 2025
Trader, food
Agriculture

Prices of onions, beans, others crash in FCT, environs

March 17, 2025
Building learning culture is difficult when the environment is not conducive – Nestle Nigeria
Agriculture

Nestlé Nigeria invests over N1.8 billion to boost pastoralists’ livelihoods in FCT 

February 7, 2025
Top 10 most expensive states to live in Nigeria in May 2025 
Sectors

Abuja motorists to adopt e-ticketing system for seamless traffic management soon – DRTS 

November 3, 2024
FCT minister inaugurates cardiopulmonary resuscitation centres in Abuja 
Health

FCT minister inaugurates cardiopulmonary resuscitation centres in Abuja 

October 17, 2024
Over N10 trillion spent on refineries yet they don’t work, they’re better off sold – Taiwo Oyedele 
Economy

Presidential tax committee to use FCT as pilot for tax harmonisation for states 

September 28, 2024
Next Post
GTBank, Stanbic, Zenith Bank tick up, investors gain N125 billion

Banks spend N12.2 billion on travel expenses in 2020

Comments 1

  1. Anonymous says:
    June 5, 2021 at 7:38 am

    How now,

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Benue Investment and Property Company recovers N133 billion from Nyiman Layout’s unpaid properties 
  • FUGAZ stocks close in the green as ASI shatters 128,000; FIRSTHOLDCO leads volume 
  • Top 10 most expensive states to live in Nigeria in June 2025 

Follow us on social media:

Recent News

Benue Investment and Property Company recovers N133 billion from Nyiman Layout’s unpaid properties 

Benue Investment and Property Company recovers N133 billion from Nyiman Layout’s unpaid properties 

July 16, 2025
NGX

FUGAZ stocks close in the green as ASI shatters 128,000; FIRSTHOLDCO leads volume 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics