Skip to main content

75 companies bid for concession of 12 federal highways

75 companies bid for concession of 12 federal highways
75 companies bid for concession of 12 federal highways
Babatunde Fashola

A total of 75 companies are bidding for 12  federal roads to be concession under the first phase of the Highway Development Management Initiative (HDMI).

Mrs Abimbola Asein, Head Public Private Partnership (PPP) Unit of the Federal Ministry of Works and Housing, disclosed this at the opening of Request For Qualification (RFQ) bid on Tuesday
in Abuja.

The News Agency of Nigeria (NAN) reports that the HDMI was created by Federal Government to develop and manage the federal Road network through sustainable Private-Sector investment.

The 12 roads to be concession under the first phase of the HDMI are: Benin – Asaba, Abuja – Lokoja; Kaduna – Kano; Onitsha – Owerri – Aba; Sagamu – Benin; Abuja – Keffi – Akwanga; Lokoja – Benin; Enugu – Port Harcourt; Ilorin – Jebba; Lagos – Ota – Abeokuta; Lagos – Badagry; and Kano – Shuari – Potiskum – Damaturu.

The initiative is aimed at creating alternative sources of financing road development and management in the country while unlocking the massive economic potential of the project routes with attendant job creation.

ALSO READ: Gunmen disguised as NSCDC operatives kill two, injure others in Rivers

Asein said that the opening of the portal for the submission of application for the bid would ensure that credible concessionaires were selected for the development and management of the federal roads through sustainable private sector investment.
“It is a two stage procurement process, we have the RFQ; that is this phase now that we are opening the bid for.

“And then we have the Request For Procurement (RFP); the people that have been pre-qualified will now be open to bid for the 12 road corridors that have been identified.

“Seventy-five companies have been successful for pre-qualified so we are going to go through the documents that were submitted by those people.

“Then if they are successful, they go on to the next stage which is RFP stage,” Asein said.

She added that successful RFQ bidders would be contacted after which Bidders Conference would be held preparatory  to the RFP.

The head of PPP noted that government came up with the HDMI to free up physical burden on government for competing priorities.

“So a lot is being done on the federal highways as we speak, so we need more to be done and in that we are inviting the private sector to participate in delivering good roads to Nigerians,” she said.

READ ALSO: Attack on police formation, an invitation to anarchy ― Oluwo

Babangida Husseini, Permanent Secretary in the ministry, in his address, said federal government was committed to a transparent, fair and competitive bidding process throughout the HDMI Project Life Circle.

He was optimistic that everyone who indicated interest at the RFQ stage would meet the basic pre-qualification criteria and were pre-qualified for the RFP stage.

“The nation is looking forward to a robust procurement process that will usher in the much needed concessionaires that will develop and manage these routes, while recouping their investment through till and non till revenue sources,” the perm sec said.

NAN recalls that the Minister of Works and Housing, Babatunde Fashola, received the Certificate of Compliance for the Outline Business Case for the HDMI in December 2020.

This was followed by the official launching of the E-portal (https://ift.tt/3pa09Cj) on 29 March, 2021.

Applications were received from interested prospective concessionaires in response to the Request for Qualification (RfQ).

In attendance at the occasion were representatives of Infrastructure Concession Regulatory Commission (ICRC), Independent Corrupt Practices Commission (ICPC), Nigerian Society of Engineers (NSE), NGO Network,among others.

(NAN)

Vanguard News Nigeria

The post 75 companies bid for concession of 12 federal highways appeared first on Vanguard News.


by Rasheed Sobowale via Vanguard News https://ift.tt/3i5fCC6 Best Known Member of the Cabinet Wikipedia

Comments

Popular posts from this blog

Effective Data Governance: IIM-Africa inks partnership deal with Data Management University

President/Chairman of the governing council of IIM-Africa, Dr. Oyedokun Oyewole has said that effective data governance strategy has become more essential for the survival and sustenance of government and businesses, especially with the sudden outbreak of COVID-19 Pandemic. Oyewole said there is the need to ensure that the right policies, processes, technology, and people are in place to effectively manage data while complying with legal and regulatory requirements. He said that as part of the IIM Africa’s commitments towards ensuring global best practices, it has entered into a long-term partnership with DataManagementU.com to bring the finest data management training to industries across Africa. READ ALSO:  COVID-19: Foreign affairs minister says first set of Nigerians abroad to be evacuated soon According to the IIM President, the alliance is expected to provide members of the Institute and other professionals across Africa, high standards, internationally-recognized learn...

Remdesivir: The COVID-19 drug helping patients recover faster

A vial of the investigational drug remdesivir is visually inspected at a Gilead manufacturing site in the United States. PHOTO: AP Remdesivir has been shown to speed up recovery times for patients with COVID-19 in a major US-led trial, becoming the first drug with proven benefit against the disease. Here is what you need to know. – What is remdesivir? – Remdesivir is an experimental, broad spectrum antiviral made by US pharmaceutical Gilead Sciences that was first developed to treat Ebola, a viral hemorrhagic fever. It showed early promise in a primate study in 2016 and was later rolled out for a major trial in the Democratic Republic of Congo, where it was compared against three other medicines. That study concluded in 2019 when it was discontinued because it did not boost survival rates as greatly as two monoclonal antibody drugs, which are lab-engineered immune system proteins. In February, the US National Institute of Allergy and Infectious Diseases (NIAID) announced ...

Naomi Osaka’s statement about withdrawing from French Open

Japan’s Naomi Osaka returns the ball to Romania’s Patricia Maria Tig during their first round match of the French open tennis tournament at the Roland Garros stadium Sunday, May 30, 2021 in Paris. (AP Photo/Christophe Ena) Naomi Osaka tweeted the following statement announcing her withdrawal from the French Open on Monday: “Hey everyone, this isn’t a situation I ever imagined or intended when I posted a few days ago. I think now the best thing for the tournament, the other players and my well-being is that I withdraw so that everyone can get back to focusing on the tennis going on in Paris. ”I never wanted to be a distraction and I accept that my timing was not idea and my message could have been clearer. ”More importantly I would never trivialize mental health or use the term lightly. The truth is that I have suffered long bouts of depression since the US Open in 2018 and I have had a really hard time coping with that. Anyone that knows me knows I’m introverted, and anyone tha...