The Federal Government has blacklisted a firm, Messrs Techno Electric and Engineering Company and its directors, from executing any government project in the country for abandoning a power project awarded to it.
Briefing State House correspondents at the end of the Federal Executive Council meeting on Wednesday in Abuja, the Minister of State for Power, Mohammed Wakil said the company abandoned electricity project in Ebonyi State for the Engineering Design, Manufacture, Supply, Installation, Testing and Commissioning of 2X60MVA, 132/33KV at Amasiri and 2X132KV Line Bays Extension at Abakaliki after collecting 15 per cent mobilisation fee on December 1, 2010.
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He said the FEC approved the re-award of the project in favour of Messrs North China Power Engineering limited and NCEP (Nig) Limited.
The new contract sum, he said, is $5,835,368.47 payable at the prevailing exchange rate at the time of payment plus N505,788,083.58 inclusive of N67,211,298.58 at five per cent contingency.
The project, which has 24 months completion period, the minister said, is designed to boost power supply to Ebonyi State and parts of Cross River State and aimed at enhancing the socio-economic development of the states.
According to him, the funding for the project would be sourced from Eurobond loan, the 2014 appropriation and in the letter of credit which was not utilised, but was earlier established for the terminated project.
The Minister of Transport, at the briefing also disclosed that the FEC has approved the award of contract for the design and construction of four 60 Ton Bollard Pull Marine Tug Boats in favour of Messrs Depasa Marine International (Nigeria) limited.
The contract sum, he said, is €42,968,864.70 equivalent of N8,778,423,042.28 inclusive of all taxes and with a completion period of 24 months.
He said the project is expected to generate 97 job opportunities for both professionals and non-professionals during its execution and about 112 direct and indirect job opportunities when in full operation.
The Minister of National Planning, Abubakar Suleiman, said the Council also approved the National Integrated Infrastructure Master Plan, which is expected to be executed at a total sum of $3.05tr (N485tr).
According to him, it will be implemented in three phases while the first five years phase between 2014 and 2018 would require $166.1bn for implementation.
The plan, which would cover all the key sectors of the economy, the Minister said would address infrastructural gaps being experienced in the various sectors.
Among the areas it will tackle, he said, are energy (power and oil and gas), transport (roads, rail, ports and airports), housing, water and Information and Communication Technology, agriculture, mining, social infrastructure, vital registration and security.
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