FG release N3.75bn for phase II of Kano-Katsina dualization project
The Federal Government led by President Muhammadu Buhari has paid the total sum of N3.75bn to construction company handling the dualization of Kano-Katsina road project.
Katsina Post learned that this is the second phase of the project and it expected to start from Steel Rolling Mills Roundabout in Katsina town to Kano-Katsina border.
The project is being handled by CCECC Nigeria Ltd and the released money is expected cover for 26.5km before 2020 runs out.
Katsina Post learned that the total cost of the project is N29.65bn and it is being financed by money raised by the federal government through sukuk bonds.