Thursday 15 August 2013

Lagos Awards 69 Capital Projects At N50 Billion

The Lagos State Tenders Board has awarded no fewer than 69 capital projects proposed under the 2013 budget, which will gulp a whopping cost of N50.216 billion, although the state capital expenditure in the fiscal year was N269.376 billion.

The detail of the 69 contracts, which were awarded between January and May, was contained inthe Lagos State Government Procurement Journal, recently launched to deepen a culture of transparency and accountability in the state. Some of the capital projects under the review include upgrading of roads within the Apapa Central Business District and reconstruction of Lagos House, Marina Phase II (external car parksand associated works) awarded to Julius Berger Plc at N17 billion and N640 million respectively. Other projects listed in the journalinclude rehabilitation of Bishop Aboyade Cole Street, Sir Samuel Manuwa Street and Abimbola Awoniyi Close, Victoria Island, awarded to Hitech Construction Company at a cost of N2.06 billion.

Likewise, the state tenders’ board awarded construction of Josemaria Escrivia/Whitesands Secondary School in Eti-Osa Local Government to Rover ConstructionNigeria Limited at N1.02 billion to be completed in 12 months. Also, the renovation of Staff Quarters at Epe General Hospital at N142.5 million; completion of the new Magistrate Court at Ogba at N583 million and completion of Adisa Ajibulu with Bridge in Oshodi at N840 million were also awarded. While the reconstruction of Isashi Road in Ojo Local Government was awarded to CGC Nigeria Limited at N2.5 billion to be completed in 18 months, the completion of the rehabilitation of Obafemi Awolowo Road, Phase II in Ikorodu to Arab Contractors was awarded at a cost of N1.95 billion. The completion of Ariyo, Ira-MuwoBridge in Ojo was awarded to Lopek Engineering and Construction Limited at N1.288 billion as the construction of Abule Ado Road, Phase II in AmuwoOdofin at N1.03 billion to Impact Solution Limited and the construction of Karimu Laka and Bamishile Street in Alimosho was awarded to Cedar Procuring and Engineering Limited at N1.12 billion.

Also, the construction of Ogunfayo Access Road/Chief Moshood Adebayo Road in Ibeju Lekki was awarded to Metropolitan Construction Company at a cost of N1.85 billion with 12 months completion, while the construction of access road from Badagry Landfill to Kese was awarded to Banci Nigeria Limited at N1.2 billion.
Source:
http://www.thisdaylive.com/articles/lagos-awards-69-capital-projects-at-n50-billion/156349/

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