The Federal Executive Council (FEC) has approved the sum of N1.7 billion for consultancy services on the construction of second runway at the Nnamdi Azikiwe International Airport, Abuja.
The online meeting was presided over by President Muhammadu Buhari.
“Today in council, a memo from the Ministry of Aviation was considered; and it is the consultancy services for the construction of second runway here in Abuja.
“The contract went to a consortium of consultants for the total contract sum of N1.7 billion.
“This includes 7.5 per cent VAT and also the exchange rate for dollar component of N360 to one dollar.
“And this is what caused the seeming increase in the last estimated figure,’’ he said.
Sirika said that the consultancy part of project was for a period 12 months.
According to him, the ministry looks forward to achieving the second runway if awarded, before the end of the administration.