Home News FEC okays $995m loan for Abuja-Makurdi road phase 2

FEC okays $995m loan for Abuja-Makurdi road phase 2

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The Federal Executive Council (FEC) on Wednesday approved a loan request worth $995 million to be sourced from China’s Exim Bank for the construction of phase II of Abuja – Keffi – Akwanga – Lafia – Makurdi Road.

Minister of Power, Works and Housing, Babatunde Fashola, told State House corespondents after the council meeting that the 268.5 kilometre project consists of 16.0 kilometres-Lafia bye-pass and 251.7 kilometres stretch from Ninth mile through Otukpo to Makurdi.

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