FEC approves N2bn for surveillance equipment for airports, waterways

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Information and Culture Minister Lai Mohammed revealed this to State House correspondents at the end of the Council meeting, chaired by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja, on Wednesday. .

He said 1.2 billion naira of the amount had been approved for the purchase of surveillance equipment for Nnamdi Azikiwe International Airport in Abuja and Murtala Mohammed International Airport in Lagos.

He said: “The Minister requested board approval, which was granted for a contract for the design, supply and installation of a long-range thermal camera surveillance system at Murtala Mohammed International Airport in Lagos and at Nnamdi Azikiwe International Airport in Abuja.

The total amount of the contract is 1,278,594,250 N. And this with the aim of improving and ensuring the safety and security of the Nigerian Airports Authority, in particular to avoid airside and runway incidents. . “

The minister further revealed that the council had also approved 783.5 million naira for the purchase of two hydrographic survey boats for the National Waterways Authority.

“The Minister of Transport has sought and obtained council approval for the award of a contract for the acquisition of two hydrographic survey vessels for the National Inland Waterways Authority. In the amount of 753 521 275 N, including 7.5% VAT, “ he said.

The minister, who spoke on behalf of his Transport counterpart, said the contract has a six-month completion period.

Minister of Industry, Trade and Investment, Niyi Adebayo , who also spoke on the results of the meeting, said the council had approved 35.4 billion naira for the construction of power plants at the Calabar and Kano offices of the Nigerian Export Processing Zones Authority.

He said: “My ministry presented a note for the award of a contract for the construction of power plants on behalf of the Nigerian Export Processing Zone Authority in the Calabar and Kano Free Zones.

“The authority received proposals from various companies and after all the evaluations were done, they awarded ththe contract with one of the companies in the amount of 35 411 119 169.47 N.

The conditions are that the company will finance 75 percent, which represents a sum of N26,558,339,337.10, while the Export Processing Zone Authority will pay 25 percent, which translates to N8,852,779,792. , 37 N.

“For the 75 percent of the contractor’s share, the board has approved a ten-year payback period.

“The factory will be completed after 11 months and it would be operated by the contractor for five years and during those five years they will build local capacity so that after five years the local capacity that had been built will take over the plant management. “

According to Adebayo, the government’s intention of upgrading the two zones is to create zones with world-class standards.

“The Ministry of Industry, Trade and Investment wants to make Nigeria a hub for manufacturing, especially now that we have signed the African Continental Free Trade Area Agreement.

“So by putting electricity 24 hours a day in the two processing zones, it will make it more attractive for foreign investors to come and set up their manufacturing companies here in Nigeria,” he said.

Minister of Mines and Steel Development, Adegbite Olamilekan, also told correspondents that the council had approved the concession of the Aluminum Smelting Company of Nigeria, Ikot-Abasi, to Akwa Ibom.

He said: “Basically, we have sought approval from the Board for the Aluminum Smelting Company of Nigeria, which is located in Ikot-Abasi.

“The BPE conceded this company and the company sought to be classified as a power producer and as a strategic company, which the Board approved so that we could start aluminum production in Nigeria.


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