Home News BPP okays Hitech to seek FEC’s approval of N1trn for 47.5km of Lagos-Calabar Road construction
NewsPolitics

BPP okays Hitech to seek FEC’s approval of N1trn for 47.5km of Lagos-Calabar Road construction

460
Bureau of Public Procurement grants Hitech to seek FEC approval over N1trn for Construction of 47.5km of Lagos-Calabar Road

The Bureau of Public Procurement (BPP) has granted Messrs Hitech Construction Company Limited the approval to seek the Federal Executive Council (FEC) to obtain over N1 trillion for the first phase of the Lagos-Calabar Coastal Road.

In the letter dated February 23, 2023, and titled “Certificate of ‘No Objection’ for Approval of Contract”, the BPP, having examined Hitech’s requests for issuance of “No Objection”, was approved to seek the FEC’s approval for the award of contracts.

Hitech’s demands, as examined and approved by the BPP, were N1.1 trillion, inclusive of 7.5% VAT, for the construction of the Lagos—Calabar Coastal Road Corridor, Phase 1; Section I: from Ahmadu Bello Way to Eleko Village Area in Lekki Peninsula.

In response, the BPP approved a project cost of N1.06 trillion, including 7.5% VAT, with a cost reduction of N33.8 billion.

However, regarding the source of project funds, the letter revealed, “Mr President approved the Phase 1; Section I of the Lagos—Calabar Coastal Road Corridor project shall be funded by the Federal Government” in a letter dated January 24, 2024, as forwarded by State House to the Ministry of Works for supervision.

According to the Minister of Works, Dave Umahi, the 700km project is expected to be completed in eight years, with a tentative sum of N15.356 trillion and a proposed toll-fee charge of N5,000 after commission.

Meanwhile, Umahi, in an interview featured on Channels Television’s Morning Brief programme, stated that “the contractor did not compete with other contractors while bidding for the project; rather, the contract was awarded to the company based on its track record, not on sentiments as being insinuated in some quarters.”

However, the contactor’s affiliation with the President remains questionable.

About The Author

Written by
Mayowa Durosinmi

M. Durosinmi is a West Africa Weekly investigative reporter covering Politics, Human Rights, Health, and Security in West Africa and the Sahel Region

Related Articles

Chaos in Lagos Assembly as Speaker Meranda Presides Over Plenary Amid Heavy DSS Presence
NewsPolitics

Chaos in Lagos Assembly as Speaker Meranda Presides Over Plenary Amid Heavy DSS Presence

Armed officials of the Department of State Services (DSS) sealed the office...

José Peseiro Coach For Zamalek SC
News

José Peseiro Swaps Nigerian Jollof for Koshary, Signs As New Head Coach For Zamalek SC

In a move that has been rumoured for weeks, former Nigeria Head...

NewsSecurity

DR Congo: M23 Rebels Seize Control of Bukavu, Capital of South Kivu, Including Governor’s Office

M23 rebels have reportedly taken control of Bukavu, the capital of South...

News

Mali Govt Denies Diplomatic Difficulties with New CSS Passports

The Malian government has reassured the public that the new regional biometric...