Why FEC approved N1.4bn for Ministry of Transportation
The Federal Executive Council (FEC) Wednesday approved N1.4 billion for 180 marine fenders used for preventing ships or boats from colliding with each other. Minister of State for Transportation, Ms Gbemisola Saraki disclosed this while briefing State House correspondents at the end of the weekly FEC meeting chaired by Vice President Yemi Osinbajo. She said the new fenders are to replace the ones currently in use, which have deteriorated over time. “The Ministry of Transportation today at FEC presented two memos; one was for the award of contract for 180 marine fenders, which was approved for the sum of N1.482 billion.