Akin Akande, Abuja
The Federal Executive Council (FEC) has approved $3.5 million for the construction and delivery of 100 channel marking Buoys for the Nigerian Ports Authority (NPA).
Speaking to journalists after the weekly meeting, Special Adviser to the President on Media and Publicity, Dr Reuben Abati, said the contract was approved in favour of Messrs Marina Energy Limited with a completion period of 25 months.
The scope of work in that contract shall include the construction of 100 number buoys, their delivery and commissioning at Lagos, Warri, Port Harcourt and Calabar Port access channels.
“Upon completion and indeed total installation, the buoys will help to delineate the channels leading to the ports and also enhance safe navigation in and out of the ports I have listed earlier on,” he said.
The Council also approved another memo for the augmentation of a contract for land reclamation at Obang-Iju-Ibiro-Oba-Ojinba-Okujagu-Ama waterfront and of course bank swarms.
The Federal Government had earlier last year, approved this contract for a sum of N7.9 billion.
Minister of Transport, Senator Idris Umar, who was also at the briefing noted that the augmentation followed compelling needs to enhance the work.
The council approved the augmentation in the sum of N900 million.