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Home » FG Approves $3.5m Contract For NPA

FG Approves $3.5m Contract For NPA

by Joshua
October 11, 2013
in Uncategorized

The Federal Executive Council on Wednesday approved contract for the construction and delivery of 100 channel marking Buoys for the Nigerian Ports Authority (NPA). The contract is worth $3.5 million.
There was also an approval for land reclamation of some swamps.

The Federal Executive Council on Wednesday approved contract for the construction and delivery of 100 channel marking Buoys for the Nigerian Ports Authority (NPA). The contract is worth $3.5 million.
There was also an approval for land reclamation of some swamps.
Minister of Transport, Senator Umar Idris who disclosed this while briefing State House correspondents at the end of the weekly meeting of FEC explained that,  “Today I brought a memo to council, seeking approval on contract and council approved a contract for the construction, delivery and commissioning of 100 number R class, MDPE channel marking buoys for the Nigerian Ports Authority (NPA) in favour of Messrs Marina Energy Limited in the sum of $3.5 million inclusive of all taxes with a completion period of 25 months”
The minister, who was at the briefing with  the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, Ministers of Petroleum Resources, Diezani Alison-Madueke, Trade & Investment, Olusegun Aganga, Minister of State for Finance, Yerima Ngama, and Health Minister, Professor Onyebuchi Chukwu,

Giving an insight into the contract, the minister explained that, “the scope of work in the contract shall include the construction of 100 buoys, their delivery and commissioning at Lagos, Warri, Port Harcourt and Calabar ports’ access channels. Upon completion, the buoys will help delineate channels leading to the ports and also enhance safe navigation in and out of the ports I have listed earlier on.”
On the contract for land reclamation, the Transport Minister said the contract had to do with land reclamation at Obang-Iju-Ibiro-Oba-Ojinba-Okujagu-Ama water front and bank swarms.
“Council had earlier last year, approved this contract for a sum of N7.9 billion. However, because of compelling needs and of course, the need to enhance the work, added to the recommendation by the consultants for additional work and the need to reclaim additional hectares and in some areas to put in more reinforcement on the project, the council approved augmentation in the sum of N900 million” he said.
The contract, awarded in favour of Messrs Marina Energy Limited, is expected to be completed within 25 months,
On the buoys, he added that:“Upon completion and indeed total installation, the buoys will help to delineate the channels leading to the ports and also enhance safe navigation in and out of the ports I have listed earlier on”.


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