The Federal Executive Council, FEC, on Wednesday approved six memos under the Ministry of Power, one of which is the award of the contract for the design, supply, and installation of Optical Wire (OPGW) and Universal Optical Transportation Network System (OTN) for some critical transmission lines to boost power generation in the country.
Minister of Power, Saleh Mamman, who disclosed this to State House correspondents at the end of the 44th Virtual cabinet meeting chaired by President Muhammadu Buhari at the Presidential Villa Abuja said the sum of $6,800,743.51, plus N668,843,634.74, was approved by the council for the project with a delivery period of 12 months.
Mamman said the Council also approved the award of contract for design, manufacturing, and supply of critical spare parts for Crompton Greaves 330 kV, 132 kV and 33 kV circuit breakers to Messrs in the sum of N298,339,887.04.
Cabinet approved the award of the contract for the procurement of 50 sets of 400 AH battery banks, 30 to 50 volts, and 30 number of 110-volt battery charges for the substation used by the Transmission Company of Nigerian in favour at the sum of N644,805,953.10.
On How far has the government gone with the distribution of the 1,000,000 metres promised to Labour, Mamman said “It’s ongoing, we are almost rounding off. We’re have almost finished with phase zero, we are now going into phase one of the distribution of the metres, that is the remaining 4 million the Central Bank promised to augment with. The first set is one million, we’re about to finish with that, but you know, it’s not the target, one million is very negligible compared to the demand of Nigerians.”