Shettima’s N15bn official residence to be completed before May 29 next year – Wike

The Vice President’s official mansion, which is currently being built, would now cost N15 billion, the minister of the Federal Capital Territory FCT Nyesom Wike has said.

Wike disclosed this on Tuesday at the project inspection for the Julius Berger construction business, which was awarded the project in 2010.

In addition, Wike promised the construction company that the N7.5 billion initial cost of the project will be reimbursed immediately due to the impact of inflation on the economy.

Speaking further, he assured that he had received the approval of the President that funds would be made available before December for the completion of the hitherto abandoned project before May 29, 2024.

“I have come to see the project and we have told the contractor that we will fund them very well before the end of the month so that they will finish it.

“What we are doing now is that we have submitted a supplementary budget for 2023, and Mr. President has approved to transmit it to the National Assembly.

“We are asking that we should be allowed to spend N61 billion before the end 2024, because we have the money, and we want to use that money for specific projects, so that by May 29th these projects are completed.