FEC approves $968,818, N452.72m for power contracts | Dailytrust

FEC approves $968,818, N452.72m for power contracts

The Federal Executive Council Wednesday approved the contract to supply and install emergency restoration system or 330 kV and 132KV transmission line for ongoing rehabilitation works in Lagos at the sum of $968,818 as the offshore component.

The Minister of Power, Abubakar Aliyu, said the onshore component of the contract was N7.393m.

The contractor is Rab Power Industries Limited.

He said: “The top item is variation on a subsisting contract of a sub-station in Katsina and nine…in Kano and the variation sum is only on the onshore component of the contract which has an offshore and onshore component as usual with electricity contracts. 

“So, it’s only affecting the onshore component due to escalation of construction materials within. And the sum is N445,326,643.12 and the subsisting contract amount as I told you the offshore is not affected. The onshore which was N939,410,664 has now moved to N1,938,737,307.12 and the Council graciously approved.”

The Minister of Police Affairs, Maigari Dingyadi, said the council approved a Memorandum of Understanding for the purchase of 82 Toyota brand of vehicles, branded raincoats and sundry other accoutrements for the use of the Nigeria Police at N8,315,209,825.

The minister said the approval also included customized police boots at N576m.  

 

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