The Federal Executive Council presided over by Vice President Yemi Osinbajo on Wednesday approved N2.97 billion for fencing and perimeter road for the Port-Harcourt International Airport.
The Minister of Aviation, Hadi Sirika, disclosed this while briefing State House correspondents after the FEC meeting at the Presidential Villa, Abuja.
Sirika said: “The second memorandum is for the fencing and perimeter road for the Port Harcourt International Airport.
“This project was abandoned since 2011, and of course, in response to the philosophy of President Muhammadu Buhari to complete all abandoned projects and ongoing projects, this safety, security critical item felt in our wisdom, that it needs to be completed.
“Variation was brought to council; it has been approved earlier; the variation is in the sum of N271.8 million; this of course jacked up the contract sum to N2.97 billion and the new completion period of six months.
“The perimeter fence is understood I hope, and the then road is the road that goes around the perimeter to allow for surveillance.
“It will allow for monitoring of the fence integrity and also for additional security; to be able to go round the circumference of the airport for improved security and safety operations.”
Sirika had earlier said the council made an approval of N574.3 million for insurance and special risk for the assets in Nigerian College of Aviation Technology, Zaria, Kaduna State.
He said it included the personnel that would be operating the machines.
He said: “This includes of course VAT of five per cent to cover from June 10, 2019 to 2022.
“Yearly payments will be made in accordance with the extant laws and regulations.”