The Federal Executive Council on Wednesday gave the Ministry of Power, Works and Housing the go ahead to continue work on the second Niger Bridge.
The Minister of Information and Culture, Alhaji Lai Mohammed; Minister of Finance, Mrs. Kemi Adeosun; and the Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN), briefed State House correspondents at the end of the meeting Presided over by President Muhammadu Buhari.
Fashola said the bridge was initially conceived as a Public-Private Partnership.
He said, “The bridge is meant to give relief to the existing Niger Bridge and improve connectivity between the West and the East.
“The project was conceived first as a PPP with government financing but negotiations had not been concluded and it is important to continue to work there.”
He said the works could only be done at this time of the year before the water levels rise.
The minister also approved the outline business case for government officials to continue discussions and see whether they could successfully conclude a full business case and possibly a concession agreement.
That, he said, would then enable private investors to come in to conclude the remaining works.
Fashola added that the council also approved the emergency repair works of Tambuwawa Bridge between Kaduna and Kano.