A Review of the Nigerian Energy Industry

FG okays N5.6bn dam for Plateau community

Hydro-electricity-dam02 July 2014, Abuja – The Federal Executive Council on Wednesday approved a N5.6bn contract for the completion of Mangu Dam, a component of Mangu Regional Water Supply Scheme in Plateau State.

The contract was awarded at the meeting of the council presided over by President Goodluck Jonathan.

Minister of Information, Labaran Maku; Minister of Water Resources, Sarah Ochekpe; Minister of Communication Technology, Mobolaji Johnson; and Minister of Industry, Trade and Investment, Mr. Olusegun Aganga.

Ochekpe said the project, upon completion will serve about 10 communities with an estimated population of about 700,000 people.

She added that the project will generate employment opportunities for about 12,000 people within the catchment areas of Mangu, Gindiri, Mangu Hale, Kudunu, Vodni, Payam, Pushit, Ampier, Mangun and Lagai, all in Plateau State.

She said, “A budgetary provision of N5.4bn has been made available to the ministry by the president from the Hudraulic Infrastructure and National Security Fund and the sum of N100m is appropriated for the project in the 2014 budget, while the balance of N101,309,351.75 will be provided in the 2015 budget to complete the project.

“After deliberation, council approved the award of the contract in favour of Messrs Infiouest Limited in the sum of N5,601,309,351.75 with a completion period of 36 months.”

She said the project was expected to be completed within 36 months.

Ochekpe also said members of her ministry’s legal team were already working to recover N1billion earlier paid to another contractor on the project before the contract was cancelled for non-performance.

Johnson also said council ratified the amendments of the Universal Postal Union’s Act as contained in the decisions adopted by the 24th Universal Postal Congress in Geneva in 2008.

She explained that the reason for the amendments of the UPU Act was to enable Nigeria as a member of the union to benefit from the various provisions that will strengthen the country’s postal service in order to compete favourably with private operators locally and globally, increase revenue and provide better universal postal services.

She added that the council ratified revised instruments of the Pan African Postal Union in Compliance to Chapter VII, Article 29 of the Convention.

She described the ratification of the instruments as in line with the ongoing Postal Reform process that will place Nigeria Postal Service on a more commercially viable platform to address the global challenges to postal services in addition to other benefits.

“After deliberations, Council ratified revised instruments of the Pan African Postal Union in Compliance to Chapter VII, Article 29 of the Convention that required all signatory member countries to ratify and deposit same with the Secretary-General through Ministry of Foreign Affairs as may be appropriate and directed the Attorney-General of the Federation and Minister of Justice to commence the process of domestication and ratification of the revised instruments of the Pan African Postal Union,” she added.-


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