FG blacklists firm for abandoning power project
The Federal Government yesterday wielded the big stick against a
contracting firm, Messrs Techno Electrical Engineering Company, as it
announced the blacklist of the company and its directors from executing any government project in country.
The company’s crime, according to the Minister of State for Power,
Honourable Mohammed Wakil, was its abandonment of electricity project in
Ebonyi State for the Engineeering Design, Manufacture, Supply,
Installation, Testing and Commissioning of 2X60MVA, 132/33KV at Amasiri
and 2X132KV Line Bays Extension at Abakaliki after it had collected 15%
mobilisation fee.
According to Hon. Mohammed Wakil, the Federal
Executive has approved for the reaward of the contract for the
Engineeering Design, Manufacture, Supply, Installation, Testing and
Commissioning of 2X60MVA, 132/33KV at Amasiri and 2X132KV Line Bays
Extension at Abakaliki for the Transmission Company of Nigeria.
He
said the new contract was reawarded in favour of Messrs North China
Power Engineering limited and NCEP (Nig) Limited in the sum of
$5,835,368.47 (five million, eight hundre and thirty five thousand,
three hundred and sixty eight United States Dollars and forty seven
cents) payable at the prevailing exchange rate at the time of payment
plus N505,788,083.58 (Five hundred and five million, seven hundred and
eighty eight thousand, eighty three Naira, fifty eight kobo) inclusive
of N67,211,298.58 (sixty seven million, two hundred and eleven thousand,
two hundred and ninety eight Naira, fifty eight kobo) for five percent
contingency with a completion period of 24 months.
The project,
according to the minister, is designed to boost power supply to Ebonyi
State and parts of Cross River and enhance the socio economic
development of the states.
He explained that funding for the project
would be sourced from Eurobond loan, the 2014 appropriation and in the
unutilized letter of credit earlier established for the terminated
project to commence implementatiin of the project.
The federal
executive council also approved the award of contract for the design
and construction of four 60 Ton Bollard Pull Marine Tug Boats in favour
of Messrs Depasa Marine International (Nigeria) limited in the sum of
€42,968,864.70 ( fourty two million, nine hundred and aixty eight
thousand, eight hundred and sixty four euro, seventy cents) equivalent
of N8,778,423,042.28 (eight billion, seven hundred and seventy eight
million, four hundred and twenty three thousand, fourty two Naira and
twenty eight kobo) inclusive of all taxes with a completion period of 24
months.
The project, according to the Minister of Transport,
Senator Idris Umar is expected to generate 97 job opportunities for both
professionals and non professionals during its execution and about 112
direct and indirect job opportunities when in full operation.
Meanwhile the Federal Executive Council also ratified the National
Integrated Infrastructure Master Plan, which is expected to be executed
at a total of $3.05 trillion (N485 trillion) over 30 years.
It
would be recalled that President Goodluck Jonathan had in July 2012
approved that the National Planning Commission coordinate the
preparation of the NIIMP for the country.
The plan which will be
implemented over a period of 30 years from 2014 to 2043, will be
implemented in three phases. The first five years phase between now and
2018 will require $166.1billion for implementation.
The plan will
amongst others things address the lack of linkages in the infrastructure
sector. It focuses on core infrastructure, including energy (power and
oil and gas), transport (roads, rail, ports and airports), housing,
water and Information and Communication Technology.
Other infrastructure classes include agriculture, mining, social infrastructure, vital registration and security.
9/04/2014
FG blacklists firm for abandoning power project
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