Exclusives

NLNG, FG sign N120bn Bonny-Bodo road contract

by FRANK UZUEGBUNAM

September 14, 2017 | 1:42 am
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A definite step towards the actualisation of the N120 billion 34-kilometre Bonny Island-Bodo road was taken yesterday (Wednesday) in Abuja, as the Nigeria Liquefied Natural Gas Limited (NLNG) signed an agreement with the Federal Government, represented by the Ministry of Power, Works and Housing, and Julius Berger Nigeria Limited, for the road project which has been on the drawing board since the 1970s.

The agreement coming two years after the NLNG offered to provide 50 percent of the funding, amounting to N60 billion is in two parts; the first contract agreement being the one between the Federal Government and the NLNG, while the second one is the tripartite agreement between the Federal Government, NLNG and Julius Berger Nigeria.

“The formal signing of the contract today is a defining step which concludes the procurement process. The delivery of the infrastructure intervention is a demonstration of the commitment of the present government to clean up, develop and build up the Niger Delta – a major contributor of resources to the Nigerian economy”, said Babatunde Raji Fashola, Minister of Power, Works and Housing.

Fashola said the project also shows the role which the private sector can play in Nigeria in the development of infrastructure projects, adding that the implementation of the Bonny-Bodo road contract will have an immediate and direct knock-on effect on the economy of the Niger Delta, through employment and other related activities.

“This, for NLNG, is part of our effort to contribute to the advancement of the Niger Delta. More importantly for us as a company, our contribution to the project will lead to the accomplishment of the dream of connecting Bonny Island to the rest of Rivers State by road and not only by sea”, said Tony Attah, Managing Director, NLNG.

Our greater joy is that the road will ease the plight of people in the Bonny Island, the community that has amicably hosted NLNG Plant and operations for so long. Over the years, our empathy with the host community, especially with respect to transportation challenges on the Bonny Sea, compelled us to open up our company business vessels to accommodate member of the community and their visitors”, Attah added.

Wolfgang Goetsch, managing director, Julius Berger Nigeria Limited, said the company is proud to be awarded the contract for the project, which he said is a demonstration of the trust and confidence on the company by the Federal Government and the NLNG.

Goestsch, said that despite the challenging terrain of the Niger Delta, he promised that the construction giant will deliver the project on time or ahead of schedule but will not compromise on standards.

 

FRANK UZUEGBUNAM


by FRANK UZUEGBUNAM

September 14, 2017 | 1:42 am
  |     |     |   Start Conversation

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