Home Environment FG Approves N9.6 billion Road Projects Refund to Plateau & Borno States

FG Approves N9.6 billion Road Projects Refund to Plateau & Borno States

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Naomi Gabriel —

The Federal Executive Council yesterday approved a refund of N9.6 billion to Plateau and Borno States for road projects executed by the two States on behalf of the Federal government.

In a session presided by President Muhammadu Buhari, the Minister of Works and Housing, Babatunde Fashola stated this while briefing journalists on decisions reached at the weekly meeting held at the council chambers,

“We presented two policy memoranda. The first was for a refund to two State governments for previous interventions on federal government roads subject to the July 2016 cut-off after which refunds will no longer be eligible, Fashola disclosed.

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“The two States which had outstanding with respect to eligible roads are Plateau and Borno States. Council approved the refund of N6, 601,769, 470, 99 in favour of Plateau State and the sum of N3, 084, 797, 113.34 for Borno State”, he added.

Fashola also revealed that the council approved a memorandum that informed it about the commencement of a procurement process for a Central Clearing House for the operations of Toll Plaza Concessionaires.

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He said this was in line with the current administration’s decision to resuscitate tolling across the country.

“This approval will give room for a private sector operator to build a Central Clearing House at its own expense, operate it, recover and then ultimately transfer back to government, he continued.

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“What the Central Clearing House will do is to synchronise interoperability between different toll systems that may be used by different concessionaires when they commence their tolls and also provide a on stop accounting system and a single payment recovery system where everybody is paid at the end of the operations  as well as provide visibility for government to see what is going on in the operations of each concessionaire”.

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