• Tue. Apr 16th, 2024

FEC Approves $26m Power Projects In 3 Northeast States

From Bello Wakili (Abuja)

Federal Executive Council (FEC) presided over by Vice-President, Yemi Osinbajo on Wednesday has approved about 26million dollars for various power projects in Borno, Yobe and Adamawa states.

Minister of Power, Sale Mamman made this known to State House correspondents at the end of the Council meeting in Abuja.

Alhaji Sale Mamman said $1.62million of the amount ($26m) was for payment of the claims and the variation of onshore and offshore cost of the existing contract for construction of 1×1 50 MBA, three 31, 32, 33 KVA sub-stations at Damaturu and 1×330 KV land by extension at Gombi, Adamawa.

He revealed that an additional N102.9million was approved for the affected project.

The minister also disclosed that the remaining $24.38million of the total approval was meant for design, manufacturing and supply of 4 fabricated sub-stations of 2×100 MBA 132 33 KV power transformers with accessories for deployment to Damaturu, Potiskum, Biu, and Maiduguri.

“One, contract for the construction of 1×1 50 MBA three 31, 32, 33 KV sub-stations at Damaturu and 1×330 KV land by extension at Gombi is in favour of Msssr Kadlak International Limited on the sum of $1,621,423.88 cents plus N102,905,606.07.

“The other one is the approval of the contract for the design, manufacturing and supply of four fabricated sub-stations of 2×100 MBA 132 33 KV power transformers with complete accessories for deployment to Damaturu, Potiskum, Biu, and Maiduguri for the Transmission Company of Nigeria (TCN) in favour of Msssr Kidon T Good Electric Company Limited and Incomtel Engineering Limited on the sum of $24,387,850.22 cents plus N1,475,204,584.34.

“Altogether, it is N10,730,393,742.82.’