FEC okays USD 328.87 million for railways construction supervision services

ABUJA, Nigeria – The Federal Executive Council, FEC on Wednesday approved the total sum of USD 328.87 million for consultancy services for  the supervision of railway construction in Nigeria.

Minister of Transportation, Mr. Rotimi Amaechi, who was briefing  state house correspondents after FEC, gave a breakdown of the total sum.

According to him, consultancy services were approved with the total cost of $183.7 million for the contractors including GIX Engineers Infrastructure Excellence/Yaroso & Partnership Ltd, Core Consulting Engineering Plc  for Abuja to Warri.

“For the consultancy services for supervision of Port Harcourt-Maiduguri Railway, with branch lines to Bonny Deep Seaport and Port Harcourt Industrial Park and then to Owerri. We have Kyari Consults SDMBHD/Jamood Global Services Limited at $97.5 million. The first one is $38.4 million.

“Consultancy Services for the supervision of Kano-Katsina-Jibia-Maradi Rail-line to TEAM (Technics Engineering Architecture Marketing Nigeria Limited) and that is for $47,670,000 million. All of them are for a period of 36 months.

He said FEC also  gave approval  to the Ministry of Transportation to concession the Onitsha River Port to a company called Inversal Elysium Consortium. They are to manage the river port for 30 years.”

Also speaking, Minister of Works and Housing, Mr. Babatunde Fashola said  FEC approved N115.4 billion for the dualisation of the proposed Kano-Kazaure-Kongolam highway in Katsina State from a single carriageway to a dual carriageway.

The Minister explained that the project which covers 131.4 kilometres is expected to be completed within a period of 48 months.

 “The Ministry of Works and Housing presented a memo for the dualization of the Kano-Kazaure-kongolam highway. 131.4 kilometres from a single carriageway to a dual carriageway. So, Council approved that proposal at a cost of N115,425, 896,907.15 kobo over 48months.

“The instructive thing is that the financing will be done by the Tax Credit Scheme of Bua International Limited. And they will use Messrs PW Construction Nigeria Limited, a company in which they have acquired some interest to undertake the construction”, he said.