The Federal Executive Council (FEC) Wedbesday approved the sum of $3.5 for the construction, delivery and inauguration of 100 channel-marking Buoys for the Nigerian Ports Authority (NPA).

This approval was as a result of memo presented to FEC seeking approval for the contract which was approved at yesterday’s meeting which was presided over by President Goodluck Jonathan and attended by Vice-President Namadi Sambo and most ministers.

Briefing State House correspondents after the FEC meeting, the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, said: “The contract was approved in favour of Messrs Marina Energy Limited in the sum of $3.5 million  inclusive of all taxes 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 ports’ 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.”

Also yesterday, the FEC approved another memo for the augmentation of an existing contract for land reclamation at Obang-Iju-Ibiro-Oba-Ojinba-Okujagu-Ama waterfront and of course bank swarms.

Early last year, FEC had approved the same  contract for the sum of N7.9 billion.
The Minister of Transport, Idris Umar, while speaking on the contract, noted that the augmentation followed compelling needs to enhance the work.

He said other reasons advanced for the augmentation include “recommendation by the consultants for additional work and the need to reclaim additional hectares and in some areas to put in more reinforcement on the project, the council approved the augmentation in the sum of N900 million.”


Information from This Day was used in this report.