FG votes #2tn for Lagos, calabar, others

By Abass Ganiyu
By Bolanle Esther Feranmi 

 The National Assembly has passed the N2tn budget amendment bill for the third reading, as the Federal Government is to spend about N2tn on the Lagos-Calabar highway and other road projects.

The bill was passed after the Chairman of the Senate Committee on Appropriation, Olamilekan Adeola (APC, Ogun West), presented his committee’s report on the 2024 Appropriation (Amendment) Bill.

On July 17, 2024, President Bola Tinubu transmitted to the Senate a bill for an Act to amend the Appropriation Act, 2024 to provide for the sum of N6.2tn with N3.2tn for capital expenditure and N3tn for recurrent expenditure.

The document showed that N700bn would be used for the country’s coastal road that would run from Lagos to Calabar, traversing Lagos, Ogun, Ondo, Delta, Bayelsa, Port Harcourt, Akwa Ibom, and Cross River states.

The Port-Harcourt to Maiduguri railway line would gulp N530bn, as the line would pass through Abia, Enugu, Ebonyi, Anambra, Benue, Nasarawa, Plateau, Kaduna, Bauchi, Gombe, Yobe and Borno.

The appropriation would also take care of the Badagry to Tin Can Port, Lekki Port, Ijebu Ode, and Kajola.

Also, the African Trans-Sahara Highway (to traverse Benue, Kogi, Nasarawa, Abuja), is to take the sum of N200bn.

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