ADB, Britain, Norway, Germany donate N1.210bn for safe school initiative
The Federal Execu­tive Council (FEC) has approved the award of contracts for the power sector worth over N4.2 billion, in a bid to boost the transmission of power in parts of the country.
In the same vein, the gov­ernment has announced that friends of Nigeria (Britain, Norway, African Develop­ment Bank, President of Afri­can Development Bank, Don­ald Kaberuka and Germany) have donated N1.210 billion in support of the Safe Schools Initiative, launched in May by United Nations Special En­voy, Gordan Brown, during the World Economic Forum for Africa, in Abuja, to pro­vide safe and well equipped schools for students in the states affected by insurgency.
Briefing State House cor­respondents at the end of the meeting presided by President Goodluck Jonathan, Minis­ter of Power, Prof. Chinedu Nebo, alongside the Minister of Information, Labaran Maku and Health Minister, Prof. On­yeabuchi Chukwu, said con­tracts approved by the coun­cil include the contracts for the construction of a 132 KV Transmission line and the con­struction of two 132/33 KV substations, both in Ifitedunu and Onitsha respectively in Anambra State.
He said: “Council deliber­ated and approved the award of contract for engineering design, manufacture, sup­ply, construction testing and commissioning of Onitsha-Ifitedunu 132 KV Transmis­sion line in favour of Messrs Sinotec-CCC international joint venture in the sum of $5,992,974.24 payable at the prevailing exchange rate at the time of payment plus N1,141,865, 028.73 inclusive of N271,912,872.12 for 5 per cent Vat and 10 per cent con­tingency with a completion period of 24 months.”
He said Council also ap­proved the award of contract for engineering design, manu­facture, supply, construction testing and commissioning of 2×60 MVA, 132/33Kv substa­tion at Ifitedunu and 2x 132 line bays extension at Onit­sha in favour of Messrs MBH Power limited in the sum of USD8,315,264.53 payable at the prevailing exchange rate at the time of payment plus N864, 274,352.96 inclusive of N431, 852,916.28 for the right of way compensation, 5 per cent vat and 10 per cent contingency with a comple­tion period of 24 months.
Maku said the launch of Safe School Initiative for those in the North East was aimed at harmonising resources to secure those schools in those areas affected by insurgency, adding that some friends of Nigeria had contributed to the fund.
 

FG approves N4.2bn for power transmission