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• Approves reconstruction of Ekiti-Osun border road, East-West corridor, Lagos-Ibadan Expressway gets 25-year O&M concession
From Juliana Taiwo-Obalonye, Abuja
The Federal Executive Council (FEC), presided over by President Bola Ahmed Tinubu, yesterday approved road construction and rehabilitation projects worth more than N437 billion across Ekiti, Ogun and Rivers states, alongside three private-sector infrastructure concessions valued at about N172.9 billion.
Minister of State for Works, Muhammad Goronyo, disclosed this while briefing State House correspondents after the FEC meeting at the State House, Abuja.
The approvals cover the reconstruction of major highways and the rehabilitation of strategic road corridors expected to improve connectivity, facilitate the movement of goods and people and stimulate economic activities.
The largest of the approved contracts is the reconstruction of the Ado-Ekiti–Iyin–Aramoko–Itawure–Osun State border road, awarded to CBC Global Civil & Building Construction Nigeria Limited for N159.826 billion, inclusive of 7.5 per cent VAT.
The project has a completion period of 24 months.
In Ogun State, council approved a N54.118 billion variation and change order for the rehabilitation of the Abeokuta–Iboro–Ilaro Road under Contract No. 8645.
Goronyo said the variation, awarded to Strabic Construction Limited, involved a change in pavement design from rigid pavement based on continuously reinforced concrete to asphalt or flexible pavement.
FEC also approved the construction of the Ilara–Iselu Road, Phases II to V, in Ogun State, at a cost of N94.236 billion.
The contract was awarded to JRB Construction Company Limited and is expected to be completed within 24 months.
In Rivers State, the council ratified the award of the Phase II upgrade of the 15-kilometre East-West Road, Section III, covering the Port Harcourt (Eleme Junction)–Onne Port Junction corridor.
The project, awarded to RCC Nigeria Limited, is valued at N74.515 billion, inclusive of VAT, with a completion period of nine months.
The corridor provides access to the Onne Port and major industrial, maritime and oil and gas facilities in the area.
Council also approved the Phase II rehabilitation of the Ado-Ekiti–Afe Babalola University Road along the Ado-Ekiti–Iluomobi-Imesi/Ondo State border corridor.
The reviewed contract, awarded to S & M Nigeria Limited, is valued at N54.519 billion, inclusive of VAT.
Goronyo said the projects formed part of the Federal Government’s broader intervention in critical infrastructure and were expected to strengthen road connectivity across the affected areas.
In a separate decision, FEC approved three major infrastructure concessions under the Public-Private Partnership (PPP) framework, with the projects to be financed by private-sector concessionaires.
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The concessions cover the Suleja–Minna Road, Lagos–Ibadan Expressway and a greenfield trailer park at Aro-Ngwa in Abia State.
Goronyo said the initiative was aimed at mobilising private capital and expertise for the development, operation and maintenance of critical infrastructure.
He said three of the six PPP projects packaged by the Ministry of Works required FEC approval because their costs exceeded the applicable approval threshold.
The first is the Design, Finance, Build, Operate and Maintain (DFBOM) concession of the 7.9-kilometre Dikko–Maje section of the Suleja–Minna Road.
The project, promoted by Graciatech Engineering Nigeria Limited, is valued at N56.752 billion and has a 40-year concession period.
FEC also approved the Operation and Maintenance (O&M) concession of the Lagos–Ibadan Expressway in favour of LIB Concession Group.
The concession is valued at N96.425 billion and has a tenure of 25 years.
The third approval is the Design, Finance, Build, Operate and Transfer (DFBOT) concession for a greenfield trailer park at Aro-Ngwa in Abia State.
The project, promoted by Greg Jane International Limited, is valued at N19.703 billion and has a 50-year concession period.
The trailer park is expected to provide designated facilities for heavy-duty vehicles and reduce indiscriminate parking of trailers along major highways.
Goronyo said the three concessions formed part of six PPP initiatives developed by the Works Ministry to increase private-sector participation in infrastructure development.
He recalled that FEC, at its third meeting of 2026 on June 29, had ratified the award of the Full Business Case and issuance of a Full Business Case Compliance Certificate for the concession of the Abuja–Kaduna–Kano Expressway to Aspect Concession Company Limited.
The minister said the latest approvals reflected the Federal Government’s increasing use of private-sector financing to complement public expenditure on infrastructure.
According to him, the approach would allow government to mobilise additional capital for strategic infrastructure while concessionaires assume responsibility for construction, operation and maintenance under agreed contractual terms.
The approved projects cover major economic corridors linking state capitals, commercial centres, ports, industrial zones and educational institutions.
The East-West Road section connecting Eleme Junction to Onne Port, for instance, serves a major industrial and maritime corridor, while the Lagos–Ibadan Expressway remains a key route for movement between Lagos and the wider South-West.
The Suleja–Minna corridor also provides an important link between the Federal Capital Territory and Niger State.
The approvals are part of the Tinubu administration’s wider infrastructure programme, combining direct public investment with private-sector participation in the delivery and maintenance of critical road infrastructure.
