The contract for design, build, finance and operate of the proposed Second Niger Bridge was, yesterday, approved by the Federal Executive Council.
Minister of Works, Mr Mike Onolememen, who addressed State House Correspondents after the meeting, said the contract to cost N325m has a 16-month completion period.
He said the project approval underlines government concern about the challenges posed to road users on the route, adding that government was desirous of taking immediate action to construct the bridge that would allow for easy movement of people and goods between the South West and South East.
He said: “The Federal Government, in furtherance to its transformation agenda of addressing infrastructural deficit and improving the quality of public infrastructural services, has recognised leveraging on private sector investment and capacity to complement the drive towards bridging the country’s enormous infrastructure gap through public- private partnership initiative.
“In view of this, the second Niger Bridge, which is a critical national infrastructure and forms an essential link between the South West and South East connecting the two large cities of Onitsha and Asaba, was tabled for consideration for transactional advisory services for design, build, finance and operate under PPP scheme.”
Onolememen added that FEC also approved the contract for the design, build, finance and operate on Murtala Mohammed International Airport Road, Lagos to the same contractor. Click to signup for FREE news updates, latest information and hottest gists everyday
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This news story is malnourished. Who are the benficiary contractors? If the FG is silent about it, it is your place as reporters to mention it and allow your audience/readers to critique or judge.
ReplyDeleteThis news story is malnourished. Who are the benficiary contractors? If the FG is silent about it, it is your place as reporters to mention it and allow your audience/readers to critique or judge.
ReplyDeletestory they will use hundred yrs to build it, belt.
ReplyDeleteWas disapointed cos I was expecting to get d name of the contractor. Dat was my major interest.
ReplyDeleteAt last the govt. is moving in the right direction but am very sad that it took so many many years for Govt to carry out this most important project that is of benefit to all Nigerians for the movement of goods and services. Imagine the billions of Naira lost and lives through accidents etc. while bridges and roads were being built all over Lagos and Abuja. My anger is that we keep bringing politics and tribal sentiment into every single thing we do in this country leaving out vital projects around the country and also losing sight in the area of managing the existing ones. This is why we have lost Nitel, Nig. Airways, Nig. Rail etc etc. we need very serious prayers for our dear country. Please note is it possible to build the Niger bridge for 325 million Naira? I think there's a mistake in the write up .
ReplyDeleteWhat iS d name of d Contractor?
ReplyDeleteCant they repair all the dilapidated roads in Nigeria? The are busy awarding new contract thereby making gain for themselves. Posterity will judge all of them.
ReplyDeleteIs it wooden bridge? N325Million for the pilling or EIA assesment or what? They are NOT serious.
ReplyDeleteWhat exactly is the cost of the project because I don't understand what N325M will be used for. Is it for the Engineering alone or what? Please verify the actual project cost and let the public know.
ReplyDelete