FEC approves 96.3bn Naira for construction of bus terminals, other FCT’s projects

On Tuesday, the Federal Executive Council, or FEC led by President Bola Tinubu, approved a total of N96, 297, 056, 103 for the construction of bus terminals and other transportation facilities in FCT (Federal Capital Territory).

The amount also includes the award of a contract to Maessr Planet Project Limited for the construction of the Court of Appeal, Abuja Division, a contract for the provision of security, operation, and maintenance of the backup generator for the street lights along the Presidential routes and Villa Gate 8 in the Federal Capital City, and the upgrade of roads in Kwali Area Council.

Mrs Mariya Mahmood, FCT Minister of State, indicated that the appropriate process for the procurement procedure had already been followed, and a certificate of no objection had been received for the contracts.

She said:

“The first approval is for the award of a contract for the development of bus terminals and other transportation facilities in the Federal Capital Territory. The second is approval for the award of a contract for the construction of the Court of Appeal Abuja Division. And number three is approval for the award of contracts for the provision of security operations and maintenance of the backup generator for the streetlights along presidential routes and Villa Gate 8. Lastly, the fourth one is for the upgrading of Koita-Igbu Road in Kwali Area Council. All the necessary due process for the procurement procedure has been followed. And a certificate of no objection has been obtained for all the awarded approved contracts.

”I do have costs and contractors. The first one was awarded at a cost of N51,025,172,424.90. It was awarded in favour of Messers Planet Project Limited.

“The second one is in favour of Visible Construction Limited at the cost of N37,259,513,881.14 and the upgrading of Kwali-Ibu, at N7.6 billion, is in favour of El Emad Nigeria Limited. For the generator and also the security, there are two things attached to that memo.

“The security operation and maintenance of the backup generator, at the cost of N412,352,800 million, was awarded to Messiah Contract People Limited.”

The Federal Executive Council also adopted a strategy to use the country’s available long-term N20 trillion pension and other assets to boost economic growth through investments in infrastructure, housing, electricity, railroads, roads, and technology.

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cc: Daily Post Ng