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Projects
ICRC superintends and regulates PPPs in Nigeria

FEC approved PPP Projects

 

            UPDATE ON CONCESSIONS GRANTED AND IMPLEMENTED FROM 2010
S/NProject Name & Description/ Current StatusMDA/ GrantorFBC Issue DateConcessionairePPP Process

Value of Concession

(Project cost)

Approval Date/Duration of Concession
1

Provision of Engineering Infrastructure for Katampe District, FCT Design, Finance, Build and Transfer of Engineering Infrastructure for Development of Katampe

 

Status: PPP Currently on Hold

Federal Capital Development Authority (FCDA)

ICRC FBC Compliance Certification:  9 Feb, 2010

 

 

Deanshanger Project LimitedSolicited; Open

NGN

61,194,747,645

FEC Approval: May, 2010

Duration:        8 years

2

Lekki Deep Sea Port

Development and Operation of A Deep Water Port in the Lagos Free Trade Zone at Ijebu Lekki, Lagos State

Status: PPP currently at Implementation Phase

Federal Ministry of Transportation / Nigeria Ports Authority

ICRC FBC Compliance Certification: March 2011

 

Lekki Port LFTZ EnterprisesSolicited; OpenNGN 504,000,000,000

FEC Approval: April, 2011

Duration:      45 years

3.

Security, Monitoring and Enforcement Concession

NIMASA wishes to effectively enhancing the security of ships and ports, minimising the incidents of piracy and armed robbery at sea, and other incidents of maritime security breaches within the Nigerian waters, and generally protect the Maritime domain in consonance with the International Maritime Organisation (IMO) conventions.

Status: Project on Hold

Nigerian Maritime Administration and Safety Agency (NIMASA)

ICRC FBC Compliance Certificate:

16 Aug, 2011

 

Global West Vessel Specialist Nigeria LimitedRestricted Bidding (Sole Source) with Security Clearance by ONSA

NGN

37,224,000,000

3rd April 2012

Duration: 10years

4

Kainji Hydro Electric Power Plant

Concession of the Hydropower to improve national power generation

Status: Project at Implementation Phase

BPE / Federal Ministry of PowerIn view of Emergency in the Power sector, ICRC supported BPE on the transaction for National InterestMainstream Energy Solutions LimitedSolicited; Open

NGN

114,690,823,560

February, 2013

Duration:

30 years

5

Shiroro Hydro Electric Power Plant

Concession of the Hydropower to improve national power generation

Status: Project at Implementation Phase

BPE / Federal Ministry of PowerIn view of Emergency in the Power sector, ICRC supported BPE on the transaction for National InterestNorth South Power Company LimitedSolicited; Open

NGN

48,692,526,480

February, 2013

Duration:

30 years

6Development of Phase 4B Port Facilities at Onne Oil and Gas Free-ZoneFederal Ministry of Transportation (FMoT) Deep Offshore Services Nigeria LtdUnsolicited

                             NGN

1,020,952,173,789.90

17 May, 2013
7Construction of Berth 21 at Greenview Terminal ApapaFederal Ministry of Transportation (FMoT) Green View LimitedSolicited; Open

NGN

41,506, 944,577.0

28 Mar, 2014
8

Development of FESTAC Phase 2 Housing Estate, Lagos

Concession for the Reclamation and infrastructural Development of the land

Status: Yet to commence due to Court cases with Amuwo Odofin Community Chiefs

Federal Ministry of Lands, Housing & Urban Development / Federal Housing Authority New FESTAC Property Development Company LtdSolicited: Open

NGN

18,983,650,000.0

8 Sep, 2014

Duration: 30 years

9

Debt Management Office (DMO) Complex

DMO proposes to provide modern office complex, involving the design, finance, build, operate, maintain and transfer of the building; and receive rents and service charges derived from the lease of 15 floors of the first tower and all 20 floors of the second tower

Status: Project yet to achieve Financial Close

Debt Management Office

ICRC FBC Compliance Certification:

23 Jan, 2015

LOH & OR Construction Company LimitedUnsolicited; Swiss Challenge Procurement

                        NGN

41,506, 944,577.0

FEC Approval: 13 May, 2015

 

Duration: 30 years

10

Trans-Nigeria Gas Pipeline: Nigerian

(Solicited Proposal): The project involves the construction of 614km gas pipeline from Ajaokuta to Kano (AKK) with off take Gas Stations in Abuja, Kaduna and Kano.

Status:

Contracts for Lot 1 and Lot 3 were signed in April 2018 while that of Lot 2 was not executed. Lot 2 was shared to Lots 1 and 3, which became  Segments 1 and 2. These are being negotiated by the EPC Contractors, the Chinese financial institutions and the NNPC for financial close

Federal Ministry of Petroleum / Nigeria National Petroleum Corporation (NNPC)ICRC Compliance Certification:  10 July, 2017

Lot 1: Oando/OilServe consortium

Lot 3: China Petroleum Pipeline (CPP)/Brentex consortium

Solicited; OpenNGN 1,022,000,000,000.0

FEC approval: 13 Dec, 2017

 

11

Development of Hydroelectric power at existing Small & Medium dams across the Country

Development of Hydroelectric power from existing 6 Small & Medium from dams across the Country

Federal Executive Council (FEC) gave an approval on the 30th November 2016 for 6 dams.

1.     Bakolori Dam, Zamfara State

2.     Omi - Kampe Dam, Kogi State

3.     Ikere Gorge Dam, Oyo State (swiss challenge)

4.     Jibiya Dam, Katsina State

5.     Zobe Dam, Katsina State

 

Federal Ministry of Power, Works & Housing (Power)FBC issued: 29 Oct 2018
  1. Bakalori – Pan-African Global Infrastructure Company Ltd
  2. Omi – Kampe – Messrs Quaint Power Infrastructure Nigeria Ltd/Engie
  3. Ikere – Messrs Power Control & Appliances Ltd
  4. Zobe & Jibiya - Pan-African Global Infrastructure Company Ltd
Solicited; Open

1.     Bakolori Dam, Zamfara State - ₦ 1,553,167,000.0

2.     Omi - Kampe Dam, Kogi State    ₦1,212,452,500

3.     Ikere Dam, Oyo State (swiss challenge) ₦ 3,650,000,000.0

4.     Jibiya Dam, Katsina State ₦ 1,315,470,000.0

5.     Zobe Dam, Katsina State ₦ 434,630,000.0

FEC approval: (one approval for small Dams)

Duration: 30 years

March 27, 2018

12

Warehouse in a Box– Abuja and Lagos

The Project seeks to provide physical infrastructure – an insulated warehouse, made up of pre-engineered modular components (prefabricated insulated expanded polystyrene sandwiched panels) – as well as the fittings and operating components, including offices, furnishings, racking, kitting, security and office equipment.

Federal Ministry of Health

ICRC FBC Compliance Certification:

6 Sept 2018

MDS Logistics LtdSolicited; Open

NGN

668,880,000.0

FEC Approval: 28 Nov, 2018

Duration: 5 years

13

Roof Top Solar Powered Project, Power House

Design, Build, Finance, Operate a 750kw Day Time and 75kw Night Time Hybrid Solar Power Facility in a PPP arrangement at the Power House, Maitama, Abuja

Federal Ministry of Power, Works and Housing (Power Sector)ICRC FBC Compliance Certification: 27 Feb, 2018Proserve Energy Services LtdSolicited; Open

NGN

690,079,950.0

(Equipment Only)

FEC Approval: 13 Sep, 2018

Duration:

10 years

14

Ado Ekiti, Ekiti

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

485,767,625.0

FEC Approval: 19 Sep, 2018

 

Duration:

10 years

15

Akure, Ondo

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

105,775,991.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

16

Bauchi, Bauchi

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

128,663,089.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

17

Bulasa, Zamfara

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Matrixville ConsortiumSolicited; Open

NGN

2,073,800,654.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

18

Ezillo, Ebonyi

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Ebony Agro Industries LimitedSolicited; Open

NGN

1,893,793,273.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

19

Gaya, Kano

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

236,930,364.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

20

Gombe, Gombe

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Servewell Agricultural Service LimitedSolicited; Open

NGN

429,426,464.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

21

Ibadan, Oyo

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Independent Grain Handling and Storage LimitedSolicited; Open

NGN

575,912,947.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

22

Igbariam, Anambra

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Coscharis Farms LimitedSolicited; Open

NGN

254,241,286.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

23

Ikenne, Ogun

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

626,505,802.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

24

Jahun, Jigawa

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Matrixville ConsortiumSolicited; Open

NGN

487,677,696.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

25

Jos, Plateau

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

176,688,747.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

26

Kaduna, Kaduna

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Matrixville ConsortiumSolicited; Open

NGN

541,806,691.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

27

Kwali, Abuja

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Matrixville ConsortiumSolicited; Open

NGN

2,246,942,955.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

28

Lafiagi, Kwara

Concession and Leasing of Grain Storage Facilities

 ICRC FBC Compliance Certification: 12 Jun, 2018Matrixville ConsortiumSolicited; Open

NGN

227,649,132.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

29

Makurdi, Benue

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Upland Grains Production Company LimitedSolicited; Open

NGN

442,382,759.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

30

Minna, Niger

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Niger Resources LimitedSolicited; Open

NGN

3,759,277,152.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

31

Ogoja, Cross River

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

27,613,845.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

32

Sokoto, Sokoto

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Agro Universal ConsortiumSolicited; Open

NGN

196,719,866.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

33

Uyo, Akwa Ibom

Concession and Leasing of Grain Storage Facilities

Federal Ministry of Agriculture and Rural Development (FMARD)ICRC FBC Compliance Certification: 12 Jun, 2018Neon Farms Africa ConsortiumSolicited; Open

NGN

182,163,107.0

FEC Approval: 19 Sep, 2018

Duration:

10 years

34

ECOWAS Biometric ID Cards System

This project involves the adoption of smart card and biometric technology to secure the identification of documents as a prerequisite for managing migration and to enhance regional security, which is the outcome of the deliberation of ECOWAS Heads of Governments in order to meet the challenges posed by migration.

Federal Ministry of InteriorICRC FBC Compliance Certification: 24 May, 2018Euphoria Press LimitedUnsolicited Bid

NGN

14,700,000,000.0

FEC Approval: 28 Nov, 2018

Duration: 10 Years

35

Development of Abuja-Warri Railway Line with Branch Line and Extensions from Jakura-Lokoja and Agbarho-Warri (ii) Warri New Sea Port

The 2-projects are:

i.         Abuja-Baro-Itakpe-Ajaokuta-Warri Railway Line (269.12km) with branch and extension lines to Jakura-Lokoja (41km) and Agbarho-Warri (5km)

ii.         Development of Warri new Seaport, Warri, Delta State

The preferred PPP project model is Design-Build-Operate and Transfer (DBOT) designed to promote passenger and freight services, promote regional infrastructure development, preserve the life span of roads, encourage inter-model transport system, job creation and promote economic recovery and growth plans of the Federal Government, etc.

 

Federal Ministry of TransportationFBC issued: 27 Nov 2018Messrs. China Railway Construction Company International (CRCC(I))SolicitedNGN3.199 billion for the railway and N880.089 million for Warri new sea port.November, 2018
36

Concession of the Power Components of Gurara 1 30MW Dam

 

This is for the O & M of the dam, as the FMoWR has completed the construction of this facility and its multi-purpose assets.

Federal Ministry of Water ResourcesFBC issued: 18 Mar 2019 Solicited; Open₦ 6,679,288,975.0May 19, 2019
37

Development of Small & Medium Enterprise (SME) Portal Project

 

A technology enabled platform project that will encourage more MSMEs to be attracted into the formal sector

Federal Ministry of Industry Trade and InvestmentFBC issued: 26 Apr 2019 Solicited; Open May 19, 2019
38

Gurara Facility Management

 

The project involves procurement of a Facility Manager to manage, operate and maintain all infrastructure facilities and services in Gurara dam.

Federal Ministry of Water ResourcesFBC issued: 26 Apr 2019 Solicited; Open May 19, 2019
39

Establishment of Military & Paramilitary Clothing & Accessories Factory at DICON, Kaduna State

Establishment of selected weapons and military equipment assembly lines
ii. Establishment of Mobile Solar

Powered Generating set
iii. Production of Ballistic Vests and Procurement of Raw Material

 

Federal Ministry of DefenceFBC issued: 01 Feb 2019Sur Corporate WearSolicited; OpenUS$13 million12th July, 2019
40

Development, deployment and management of Automated Customs Gateway Portal for Import Duty Exemption Certificate (IDEC) and Imported Vehicle identification Number Registration (VREG) (Revalidated)

 

Development, deployment and management of Automated Customs Gateway Portal for Import Duty Exemption Certificate (IDEC) and Imported Vehicle identification Number Registration (VREG)

Federal Ministry of Finance, Budget and National PlanningFBC issued: May 2019Four Core Technology solution Ltd.Solicited; Open₦10 Billion.

FEC Approval: October 30, 2019

Concession Period: 10 years

41Design, Development, Deployment and Management of a Secure Automated Fare Collection (AFC) Solution for the Nigerian Railway Corporation (NRC) Rail Network.Federal Ministry of Transportation/ Nigerian Railway CorporationFBC issued September 2019Secure ID Nigeria ltd 

NGN

900,000,000.0

FEC has approved FBC Compliance Certificate 29th January, 2020 concession period 10 years
42

The Renovation of Students Hostel

 

The proposed project is for the rehabilitation of student hostels within Kaduna Polytechnic premises. The hostels will be managed to ensure highest standard of living conditions for the students.

Federal Ministry of Education (Kaduna Polytechnic)FBC issued: 12 Feb 2020Mark Point Multilinks LtdUnsolicitedSeven Hundred and forty-four Million, Two Hundred and Sixty-four Thousand Naira Only (N744,264,000.0).

FEC Approval: 08 July, 2020

Duration: 19 Years

43

 

Presidential Initiative on Custom Modernization “E-Customs Project”

Nigeria Custom Service (NCS)FBC issued: 22 May 2019Trade Modernization Project Ltd. NGN3.1 BillionSeptember 20, 2020
44

Rehabilitation, Expansion and Operation of the Nigerian Correctional Service Shoe, Garment and Leather Factories

 

An unsolicited proposal for the Rehabilitation, Expansion and Operation of the Nigerian Prisons Service Shoe Factory (NPS SF) Aba, Abia State under Public Private Partnership between Erojim Investment limited (EIL) and the Nigeria prisons service.

 

Nigeria Correctional Service (NCS)FBC issued: 6 May 2020Messrs. ErojimSolicited; OpenTotal Cost for Shoe Garment and Tannery                                      US$11,866, ,8657th Oct 2020
45

Development of Port Harcourt Railway Industrial Park

 

The FGN intends to develop a Railway Industrial Park in Ubima, Rivers State through PPP arrangements with the following facility components for commercial vehicles and rolling stock assembly, Oil and Gas materials supply Industrial Park, Textile Industrial Park, Light Industry Park for Fast Moving Commodities and Goods (FMCGs).

 

Federal Ministry of TransportationFBC issued: 24 Aug 2020China Civil Engineering Construction Corporation Ltd. (abbreviation CCECC)Solicited; OpenUS$291,253,6197th Oct 2020
46

Development of Bonny Deep Sea Port

 

The FGN intends to develop the Bonny Deep Water Port through PPP arrangements in order to improve transportation opportunities and boost economic activities along south-south, south east, north central and north east geo-political economic corridors and ease pressure on the western ports – Apapa and Tin Can Island which at the moment handles about 90% of cargo throughput in the country

Federal Ministry of TransportationFBC issued: 24 Aug 2020China Civil Engineering Construction Corporation Ltd. (abbreviation CCECC)Solicited; OpenUS$550,025,361 million7th Oct 2020
47

Ibom Deep Sea Port Project

(Solicited Proposal): The Ibom Deep Sea Port (IDSP) project involves the development of a Greenfield Deepsea Port and accompanying Free Trade Zone (FTZ) in Akwa Ibom State in the South-South geopolitical zone of Nigeria. The proposed Port and FTZ are part of the proposed Ibom Industrial City initiative that will be established on a 14,400-hectare site donated by the Akwa Ibom State Government (AKSG) at no value. The IDSP project is intended to become a major national and regional economic gateway that will provide additional container handling capacity for the country. In addition to containers, the IDSP is expected to handle petroleum products (export and import), crude oil and natural gas (export), vehicles (import) and bulk trade in natural resources (import and export).

 

Federal Ministry of Transportation (FMoT) Federal Ministry of Transportation / Akwa Ibom State GovernmentSeptember 17, 2020Bollore/Power China   Consortium Bollore Africa Logistics-PowerChina International Group LimitedSolicited

$USD 2.016 Billion

US$2,016,198 billion

December 16 2020
48

Deployment of Police Specialised Services Automation project

The project is the automation of police services to capture revenues accruing to the police through specialised services like VIP coverage etc, and remit same to the force.

Nigeria Police ForceFBC issued 15th Dec 2020, revalidated on Tuesday 13th July 2021Parkway Projects LimitedUnsolicitedNGN 2,047,726,450.0.FEC approval on Wednesday 14th July 2021
49The NAHCON seek to engage a private sector operator to DFBOT a building at its landed property located at Hajj Complex, along Katsina Road, Kano State.  The plan is to build a 4blocks complex housing 376 units of shops, 8 portal steel blocks, a mosque, convenience and parking spacesNational Hajj Commission of Nigeria (NAHCON)FBC issued November 22, 2021DID Al-Amana Nigeria LimitedUnsolicited

NGN 1812.7 Billion

 

FEC approval December 12, 2021
50Deployment of a Revenue Assurance System (RAS)Federal Ministry of Communications/Nigeria Communications Commission (NCC)FBC Issued December 17, 20213R Revenue Assurance ltdSolicitedNGN11.9 BillionFEC approval January 26, 2022 concession period 10 years
51

Onitsha River Port project

 

This project will serve as a pilot scheme for concession of other River ports under PPP arrangements namely: Onitsha, Lokoja, Baro and

Oguta River Ports.

Onitsha River Port located in Anambra State is being funded under the IDA Credit.

Federal Ministry of Transport (FMoT)/ National Inland Waterways Authority (NIWA)FBC Issued August 23, 2021Universal Elysium ConsortiumsolicitedNGN 3,935,833,337.0FEC approval February 2, 2022 Concession period 30 years
52Federal Coastal Fishery Terminal, Ebughu, Akwa Ibom StateFederal Ministry of Agriculture and Rural Development

28 Feb 2018,

(revalidation)

September 27, 2021

Messrs Alfin Fisheries LimitedUnsolicitedN3,685,055,000.00 (Three Billion, Six Hundred and Eighty-Five Million and Fifty-Five Thousand Naira.FEC approval February 16, 2022 concession period 11 years
53Redevelopment of K’Maroun Complex in Ijora Lagos StateOgun Osun River Basin Development AuthorityFBC issued on January 12, 2022Messrs. Asiko International Energy (Nigeria) LimitedUnsolicited

NGN 890,000,000.0

Eight Hundred and Ninety Million Naira Only

FEC Approval April 6, 2022
54

The Development of Deep-Sea Port in Badagry, Lagos.

 

The project is a Greenfield development designed to cater for containers, dry bulk, liquids, Ro-Ro, oil & gas products, and also operate a free trade and local logistic zones.

Federal Ministry of Transportation/ Nigerian Ports AuthorityFBC issued (revalidated) April 25, 2022Badagry Port Development Limited.Solicited$ 2,777,233,000.00 (Two Billion, Seven Hundred and Seventy-Seven Million Two Hundred and Thirty Three Thousand Dollars.FEC approval August 3, 2022 concession period 45 years
55

Development of a Maintenance, Repairs and Overhaul (MRO) Facility

The FGN intends to establish an MRO facility for aircraft maintenance, inspections and supply of parts to the aviation sector

Federal Ministry of AviationFBC issued August 18, 2022AJW Consortium – AJ Walter and Gloresly Pro-ProjectSolicited$ 1.5 Million One Million Five Hundred Thousand Dollars only. FEC Approval October 12, 2022
56

Concession of Planetarium and Museum

The project seeks to equip, operate and maintain the Planetarium and Museum at the Obasanjo Space Centre Abuja.

National Space Research & Development Agency (NASRDA)FBC issued on July 25 2022Milky-way VisualsSolicited

N3,593,532,207.0

Three Billion Five Hundred and Ninety Three Million Five Hundred and Thirty Two Thousand two Hundred and Seven Naira Only.

FEC Approval November 2, 2022
57Research and Development of Satellite Technology and Equipment for the Provision of cost-effective satellite broadband to rural NigeriaNational Space Research & Development Agency (NASRDA)FBC issued on June 28, 2022Messrs Gilat Eleo TechnologyUnsolicited

4,074,371,000.0

Four Million and Seventy-Four Million Three hundred and Seventy-One Thousand Naira Only

FEC Approval November 30, 2022
58Redevelopment of the Nigerian Police DIG Quarters at Maitama District, Abuja, through Public Private Partnership arrangementNigeria Police ForceFBC issuedCosgrove NigeriaSolicited

20,138,230,886.0

Twenty-Two Billion One Hundred and Thirty-Eight Million Two hundred and Thirty Thousand and Eighty-Six Naira Only.

FEC Approval November 30, 2022
59Concession of Six hectares of Land in Ikeja Lagos for Mixed Use DevelopmentFederal radio Corporation of NigeriaFBC Issued on  October 24, 2018, Revalidated twice on   May 23, 2022 and December 5, 2022FishValley Nigeria LtdUn SolicitedUS$200,000,000.0FEC Approved on December 21, 2022 for a 55 -year Concession
60Western Offshore Waste Reception Facility (OWREF) Concession under a Design, Finance, Build, Operate, Maintain and Transfer (DFBOMT) under a PPP arrangement.Nigerian Maritime Administration & Safety Agency (NIMASA)

FBC Issued February 22, 2022

Revalidated December 12, 2022

African Circle Pollution Waste management LTD US$ 67,042,013.0FEC Approval on December 21, 2022  for a 15 year Concession
61Central  Offshore Waste Reception Facility (OWREF) Concession under a Design, Finance, Build, Operate, Maintain and Transfer (DFBOMT) under a PPP arrangement.Nigerian Maritime Administration & Safety Agency (NIMASA)

FBC Issued February 22, 2022

Revalidated December 12, 2022

African Circle Pollution Waste management LTD US$ 66,590,848.0FEC Approval on December 21, 2022 for a 15  year Concession
62Eastern Offshore Waste Reception Facility (OWREF) Concession under a Design, Finance, Build, Operate, Maintain and Transfer (DFBOMT) under a PPP arrangement.Nigerian Maritime Administration & Safety Agency (NIMASA)

FBC Issued February 22, 2022

Revalidated December 12, 2022

XPO Marine Services LIMITED US$72,164,699FEC approval on December 21, 2022 for a15 year Concession Period
63The Operation of NIMASA Modular Floating Dry DockNigerian Maritime Administration & Safety Agency (NIMASA)FBC issued on December 15, 2022J-Marine Logistics $19,551,166 (N8,113,733,890).FEC approval on December 21, 2022 for a15 year Concession Period

TOTAL COST OF PROJECTS APPROVED

NGN - 3,026,966,240,428.9

(Three Trillion, Twenty-Six Billion, Nine Hundred and Sixty-Six Million, Two Hundred and Forty Thousand, Four Hundred and Twenty-Eight Naira, Nine kobo).

USD - 5,536,400,210.0

(Five Billion, Five Hundred and Thirty-Six Million, Four Hundred Thousand, Two Hundred and Ten Dollars).