12 Housing & Infrastructural Projects To Watch Out For In Fashola’s 2016 Budget
Posted by: Godwin Elsie in News, Real Estate May 25, 2016

The federal government of Nigeria has released details of the 2016 budget to the public domain. Nigeria’s Ministry of Power, Works and Housing was allocated the sum of N456,936,811,203 for the fiscal year 2016. The ministry is under the control of Babatunde Raji Fashola.
Here are some of the projects we look forwards to, as listed in the budget:
1. Rehabilitation of Lagos- Ibadan road section I – N40bn
2. Construction of 1,973 blocks of 7,068 housing units in the 6 Geo-political zones and the FCT – N35bn
3. Concession of 2nd Niger bridge in Anambra and Delta states including payment of compensation and consultancy n13,136,816,518
4. Kano-Maiduguri road (section I – V) N13,109,415,878
5. Construction of Oju/Loko Oweto bridge to link Loko and Oweto with approach roads. c/no. 6108 N10,000,000,000
6. Rehabilitation of Sokoto-Tambuwal-Jega-Kontagora-Makera section in Sokoto/Kebbi States c/no. 6161 N7,154,860,840
7. Dualisation of Odukpani-itu-(spur ididep itam) – Ikot Ekpene road in cross River /Akwa Ibom states – N6,000,000,000
8. Dualiasation of ibadan-ilorin section II in Oyo state contract no. 173a – N6,000,000,000
9. Enugu-Onitsha road-enugu-anambra state c/no. 6266 N5,468,119,561

10. Pavement strengthening and asphalt overlay of Ajebandele-beninshagamu road in Ogun state c/no. 6241 new N5,200,000,000
11. Rehabilitation and construction of Oshegbudu – Oweto road in Benue state, c/no.6265 N4,200,000,000
12. Construction of Apakun-Murtala Muhammed International Airport road in Lagos state on dbfomt bases under ppp scheme new – N4,000,000,000