The Federal Executive Council has approved the sum of N1.6billion for the construction of a second runway at the Nnamdi Azikiwe International airport, Abuja.
Hadi Sirika, the Minister of Aviation, who briefed State House reporters on Wednesday, said the approved N1, 659, 592, 908.78 for the proposed second Abuja airport runway covered consultancy services for design.
Sirika said the contract had a completion period of 12 months, adding that the federal government hoped to conclude the second runway if awarded before the end of the life of the current administration.
“Today in council, a memo from Aviation was considered and it is the consultancy services for design; pre contract services for the construction of a new runway here in Abuja.
“The contract went to a consortium of consultants, at a total contract sum of N1, 659, 592, 908.78, this included 7.5 percent of Value Added Tax VAT also with an exchange rate of N360 to dollar and this was approved.”
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
