Just In : Buhari approves $61.5million, N16bn Last-minute power projects
The Minister of Power, Abubakar Aliyu, who also confirmed this, said $6million and the onshore component of N145m, inclusive of all the taxes, was for the procurement of transmission line materials for re-conductoring works for the Transmission Company of Nigeria.
President Muhammadu Buhari at the Federal Executive Council Wednesday approved $61,500,000 and N16,733,500,000 for procurement of transmission line materials and award of contracts for sub-stations in some parts of the country.
President Muhammadu Buhari at the Federal Executive Council Wednesday approved $61,500,000 and N16,733,500,000 for procurement of transmission line materials and award of contracts for sub-stations in some parts of the country.
The Minister of Power, Abubakar Aliyu, who also confirmed this, said $6million and the onshore component of N145m, inclusive of all the taxes, was for the procurement of transmission line materials for re-conductoring works for the Transmission Company of Nigeria.
The minister added that the FEC also awarded contract for the construction of 15 kilometre turn in, turn out line of the existing Akure-dAdo-Ekiti 132 single-circuit transmission line at Akure 330, 132, 33 sub-stations of TCN at the cost of $2.5m with an onshore component of N988.5.
“The last memo which has five projects on it sought to design, supply and install 132 32kv sub-station and transmission lines across different locations in the country for TCN in favour of several contractors in the total $53m; this is the offshore; then the onshore is N15.6bn.”
