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The Federal Executive Council (FEC) has approved a total of ₦1.202 trillion for major infrastructure projects across Nigeria’s power, aviation, and road sectors, to revitalise the nation’s economy through strategic capital investments.
The approvals were announced following the FEC meeting held at the State House in Abuja.
Roads: East-West Corridor Gets Boost
Minister of Works, Dave Umahi, revealed that ₦175.08 billion was approved for Section II of the East-West Road, which runs from Port Harcourt to Ahoada in Rivers State. The road is among six projects inherited by the current administration and reviewed to reflect today’s economic realities, including currency devaluation and the removal of fuel subsidies.
Originally awarded in 2009 for ₦44.83 billion and revised in 2014 to ₦93.41 billion, the latest revision brings the total cost to ₦175.08 billion. Umahi stated that the scope and design were updated to align with current fiscal conditions.
Describing the East-West Road as a vital economic artery for the Niger Delta, Umahi noted that the reapproved section would enhance mobility, logistics, and economic activity across multiple southern states.
Aviation: ₦987 Billion for Infrastructure Upgrade
Minister of Aviation and Aerospace Development, Festus Keyamo, announced the approval of three major projects totalling ₦987 billion aimed at overhauling Nigeria’s aviation infrastructure and enhancing operational safety.
Key among the approvals is the upgrade of Terminal B at Nnamdi Azikiwe International Airport, Abuja, at a cost of ₦2.44 billion.
To improve emergency response and communications, the FEC also approved ₦2.92 billion for the establishment of command and control centres at major airports nationwide.
The most significant aviation allocation was for the procurement of critical navigation aids and spare parts worth $654.5 million and ₦201 million from Norwegian company, Indra. Keyamo said this move would reduce flight delays and ensure compliance with international safety standards.
Also Read: FEC Approves Creation of National Cocoa Board
Power: New Concession, Substations to Boost Supply
In the power sector, the Minister of Power, Adebayo Adelabu, confirmed approvals exceeding ₦40 billion. Notably, the Council ratified the replacement of the preferred concessionaire for the 6MW Ikere Gorge Hydro Power Plant in Iseyin, Oyo State, with the reserved bidder, Quent Power Infrastructure Nigeria Limited.
Adelabu explained that the former bidder, Misuse Power Control and Appliances Limited, failed to meet the required conditions within the stipulated timeframe. The new concession involves a one-time fee of ₦291.6 million and an annual concession fee of ₦66.3 million.
He expressed confidence in Quent Power’s technical capacity to upgrade the plant to a 15–20MW facility, which is expected to significantly boost power supply to the Oke-Ogun region of Oyo State and support the local agricultural and business ecosystem.
In a separate development, FEC approved the construction and installation of a 2×60 MVA, 132/33 kV substation in Ibadan. The project, awarded to Enitem Global Limited, is valued at $18.3 million and ₦9.9 billion, with a completion timeline of 24 months.
A corresponding consultancy contract was also awarded to Team Spirit Consult Limited for $1.4 million and ₦589 million.
Adelabu said the substation will improve power stability in industrial zones including Iwo Road, Manatan, and Iyana-Ofa, while strengthening the national grid as part of the Siemens-led Presidential Power Initiative.
These infrastructure investments, the ministers noted, are essential to achieving inclusive economic development and enhancing service delivery across critical sector
