FEC Approves N26.6bn Contract for New FCT District

The Federal Executive Coun-cil (FEC) yesterday appro-ved the award of contracts for the purchase of two fast boats to ply the newly dredged River Niger from Warri to Onitsha, Lokoja and Niger State. It also awarded contracts for the development of Kagini district of the Federal Capital Territory (FCT) and the automation of operations of the Citizenship and Business Department in the Ministry of Interior, at a total sum of N26, 579,359,253.67.

Briefing journalists after the meeting, Minister of Information, Mr. Labaran Maku, said the council, presided over by President Goodluck Jonathan, decided to buy two fast moving passenger ferries to ply River Niger, which dredging has been completed.  Maku explained that the initial plan was for the private sector to take over the transportation business but that the buying of the boats was to prove to them that government was done with the dredging and as such, they could now come in with their investments.

http://www.thisdaylive.com/articles/fec-approves-n26-6bn-contract-for-new-fct-district/107922/

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