Skip to content
August 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Fashola approves N133m compensation for 5 Abia communities
  • National News

Fashola approves N133m compensation for 5 Abia communities

Admin May 18, 2018

Fashola approves N133m compensation for 5 Abia communities

May 18, 2018

Fashola approves N133m compensation for 5 Abia communities

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has approved  the payment of N133 million compensation to Abia communities for land acquired for the construction of a trailer park on Enugu-Port Harcourt Expressway.

The Federal Controller, Federal Ministry of Works, Mr Chukwudike Nwankwo, spoke  in an interview with News Agency of Nigeria (NAN) on Friday during the minister’s inspection of the rehabilitation work on the Okigwe end of the expressway.

Nwankwo said the ministry would commence the disbursement of the fund to the five communities in Umunneochi Local Government Area where the land for the project is located.

“The minister has given approval for the payment of compensation of about N133 million. It is a very large parcel of land involving about five communities

“We will commence the disbursement soon and once we are through, the construction of the park will start.”

Nwankwo further said the minister had directed the immediate evacuation of the trailers from  the two sides of the dual carriageway to allow for free-flow of traffic.

He said that the ministry would also fence off the cattle market from the expressway.

The controller commended the minister for attracting additional budgetary allocation which  had made progress of work on road rehabilitation projects nationwide possible.

Heavy duty trucks, trailers and the cattle market had spilled into the dual carriageway and  hampered smooth traffic flow.

Earlier, Mr Fouad Sarraf, the Area Manager, SETRACO Nig. Ltd., the contractor, complained that work was stalled at Lokpanta due to the overflow of the cattle market into the road and the presence of heavy duty truck.

Addressing newsmen at the end of the inspection your, Fashola expressed delight that the use of SUKUK fund had brought tremendous progress on the project.

He said the ministry would apply for another intervention from SUKUK so that more money would be made available to the contractors to ensure the completion of the project before the next rainy season.

He said more than 40 per cent of the job had been done by SETRACO and hoped that one side of the dual carriageway would be completed and opened for traffic before December.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Abia communities compensation construction of trailer park Enugu-Port Harcourt Expressway Mr Babatunde Fashola Mr Chukwudike Nwankwo SETRACO Nig. Ltd.

Post navigation

Previous Dickson Cup: Siasia hails bayelsa for commitment to grassroots football
Next Scandal: Platini says World Cup 1998 draw was fixed for France to face Brazil in final

Related Stories

Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody ICPC
  • National News

Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody

August 16, 2026
Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports
  • National News

Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports

August 16, 2026
Navy again disrupts illegal crude oil refining sites in Rivers Naval rating arrested
  • National News

Navy again disrupts illegal crude oil refining sites in Rivers

August 16, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody ICPC
  • National News

Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody

August 16, 2026
Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports
  • National News

Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports

August 16, 2026
Navy again disrupts illegal crude oil refining sites in Rivers Naval rating arrested
  • National News

Navy again disrupts illegal crude oil refining sites in Rivers

August 16, 2026
Government and governance: Kogi and Zamfara states examples, by Sina A Agboluaje Nigeria
  • Commentaries

Government and governance: Kogi and Zamfara states examples, by Sina A Agboluaje

August 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.