The Federal Government has negotiated the cost of the Iddo Bridge rehabilitation from an initial N27bn to N17bn.
The Minister of Works, Sen. Dave Umahi, made this known to journalists during an inspection of the bridge on Friday in Lagos.
He said, “Julius Berger quoted, I think, N27 billion or thereabout, but after much negotiation and discussion, we now arrived at N17 billion.”
Umahi commended Julius Berger Nig. Plc. for demonstrating a sense of cooperation under its new leadership.
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