2016 Budget: 25 major projects to be executed by FG

2016 Budget: 25 major projects to be executed by FG

The Federal Government will begin the release of N350 billion which has been set aside for capital projects in the 2016 budget.

The disclosure was made by Minister of Budget and National Planning, Udoma Udo Udoma on Thursday, May 12 while presenting the budget breakdown at the Presidential Villa.

25 major projects to be executed are:

1. N40bn for Lagos-Ibadan Expressway

2. N8.7bn for reconstruction and pavement strengthening of sections of Benin-Sagamu Expressway

3. N14.2bn for construction of Oju/Loko Oweto Bridge

4. N13bn for concession of Second Niger Bridge,

5. N6bn for dualisation of Odukpani-Itu-Ikot Ekpene Road in Cross River and Akwa Ibom states.

6. N4.4bn for rehabilitation of Ilorin-Jebba-Mokwa-Bokani Road

7. N8.8bn for rehabilitation of Sokoto-Tambuwal- Kotangora-Makira Road,

8. N2.8bn for completion of Gombe-Numan-Yola Road Phase II

9. N5bn for rehabilitation of Apapa-Oshodi-Oworoshoki Road

10. N2.6bn for dualisation of Kano-Katsina Road Phase I,

11. N6bn for dualisation of Ibadan-Ilorin Road Section II

12. N5.5bn for rehabilitation of Enugu-Onitsha Road

13. N2bn for dualisation of Sapele-Agbor-Ewu Road Section I.

14. N5.5bn for construction of 215MW Gas Power Plant

15. N1.2bn for construction of 2X60MVA Connection of Gurara to National Grid

16. N235.7m for coal to power development in Enugu, Benue, Gombe and Kogi

17. N303.9m for the completion of ongoing construction of ITC/TDN and installation of injection and distribution substations

18. N305.3m for completion of small scale renewable energy power plants development

19. N1.1bn for the generation of 700MW from Zungeru hydro power project

20. N324.2m for completion of rural electrification scheme in 23 communities in Ondo

21. N250.7m for completion of ongoing electrification project in Kano state

22. N8.5bn for the completion of Itakpe-Ajaokuta-Warri 326KM Rail Track and structures

23. N18.3bn for the completion of Abuja (Idu) – Kaduna 186.5KM Single Track Rail line

24. N60bn counterpart funding for Lagos-Kano standard Guage Rail line

25. N3.2bn for provision of power, water, station building, fence, etc for rail lines