The Federal Executive Council (FEC) has approved N8.2Bn for the completion and construction of roads across the country.
Minister of Works and Housing, Babatunde Fashola said four memoranda were presented but, two were approved to revise the estimates of cost to enable contractors to continue work.
Fashola said the Council approved N519million revision of contract sum of Oba – Nnewi – Okigwe Road in the South eastern part of the country.
Also, the second contract that has a revision of estimate is the 67 kilometers Alace – Ugep road in Cross River State in Southern part of the country.
This is in order to cater for change in cost of materials as the project was awarded in 2009, in order to complete the contract.