The Projects to be monitored encompass a total of nine (9) states, namely Oyo, Ogun, Lagos, Delta, Anambra, FCT (Abuja), Niger, Kaduna and Kano states. The collective contract value of the three projects amount to approximately x naira. The recovered funds to be disbursed for these three projects is x naira.
a) LAGOS-IBADAN EXPRESSWAY
The rehabilitation of the Lagos to Ibadan Expressway was awarded to two EPC Contractors, Reynolds Construction Company Ltd. (RCC, and Julius Berger Ltd. (JBL for a total sum of x naira. There are two sections to this contract: Sections I – Lagos-Shagamu which was awarded to JBL and Section II – Shagamu-Ibadan which was awarded to RCC. Approximately x naira from the recovered funds will be equally disbursed between RCC and JBL. The detailed disbursement will be made public as at completion of the project under the agreed program of work.
Reynolds Construction Company Ltd.
LAGOS TO IBADAN EXPRESSWAY- CONTRACT DATA
Client:
Federal Ministry of Works & Housing (FMWH) Nigeria
Fund Manager:
Sovereign Investment Authority (NSIA)
Type of contract
FMPWH Standard Contract – Re-Measurement
Contract awarded:
September 2013
Projected Completion date:
2022
Rehabilitation, reconstruction, and expansion of the Shagamu – Ibadan Expressway.
Julius Berger Nigeria Ltd.
LAGOS TO IBADAN EXPRESSWAY- CONTRACT DATA
Client:
Federal Ministry of Works & Housing (FMWH) Nigeria
Fund Manager:
Sovereign Investment Authority (NSIA)
Type of contract
FMPWH Standard Contract – Re-Measurement
Contract awarded:
September 2013
Projected Completion date:
2022
Rehabilitation, reconstruction, and expansion of the Lagos-Shagamu Expressway.
The projected cost to be incurred by JBL based on the submitted Program of Works is as follows:
2Q2021
3Q2021
4Q2021
The projected cost to be incurred by RCC based on the submitted Program of Works is as follows:
2Q2021
3Q2021
4Q2021
b) SECOND NIGER BRIDGE
The rehabilitation of the Second Niger Bridge was awarded to JBL for a total sum of x naira in late 2018. Approximately x naira from the recovered funds will be disbursed to JBL for the Second Niger Bridge project. The detailed disbursement will be made public as at completion of the project under the agreed program of work.
SECOND NIGER BRIDGE – CONTRACT DATA
Client:
Federal Ministry of Works & Housing (FMWH) Nigeria
Fund Manager:
Sovereign Investment Authority (NSIA)
Type of contract
FMPWH Standard Contract – Re-Measurement
Contract awarded:
August 2018
Projected Completion date:
2022
Construction of the 1.6 km bridge over the River Niger. Two secondary bridges at Amakon Village Road and Atani Road (21.70 m each). Construction of a new cloverleaf interchange at Onitsha-Owerri Road 10.3km approach roads from Asaba and Onitsha
The projected cost to be incurred by JBL based on the submitted Program of Works is as follows:
2Q2021
3Q2021
4Q2021
c) ABUJA-KANO ROAD
Although the Scope of Work for this project is yet to be finalized and defined, a total amount of x naira has been estimated for this project. Upon finalization of the Scope of Work, x naira of the recovered funds will be utilized for this project. The detailed disbursement will be made public as at completion of the project under the agreed program of work.
ABUJA-KANO ROAD – CONTRACT DATA
Client:
Federal Ministry of Works & Housing (FMWH) Nigeria