The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has revealed that the East-West road project would cost N1trillion.
He made this known at the the inaugural virtual meeting programme for the East-West project held on Thursday.
The programme was titled, ‘Akpabio inaugurates counterpart team to efficiency manage close to N1trn investment on the East-West road,’ signed by the Director, Press and Public Relations, MND, Patricia Deworitshe.
It read, “The Honourable Minister, Ministry of Niger Delta Affairs, Senator Godswill Akpabio, has reiterated the resolve of the ministry to give adequate consideration to the management of the East-West road which at completion would gulp close to 1 trillion Naira to ensure safety, efficiency and economic viability of the road is not compromised and return on investment guaranteed.”
Giving reason for the high cost of, he said it was due to the nature of the terrain and magnitude of the project.
He added that “an investment of this magnitude should elicit further attention for its management beyond just construction.”
According to him, “the ministry has put together this initiative to rally all counterparts to combine all efforts to providing befitting management structure for the road corridor.”
“It is based on the clear comprehension that all the states along this corridor have a germane role to play in the planning, development and management of their respective domains and that the actions and inactions of any will ultimately affect the corridor,” he added.
