• About
  • Advertise
  • Contact
Wednesday, December 24, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Transport

75 firms indicate interest to manage 12 federal highways

Vital News by Vital News
February 26, 2022
in Transport
0
Share on FacebookShare on Twitter

Abuja – The Federal Government of Nigeria says seventy-five firms have submitted bids for the concession of twelve federal roads across the country.

The Head, Public-Private Partnership (PPP) Unit, Federal Ministry of Works and Housing, Abimbola Asein, made this known at the opening of the Request For Qualification (RFQ) bid
in Abuja.

Asein while announcing this at the headquarters of the Ministry, stated that the bid documents contain the names of the companies.

Some of the firms that submitted their bids include China Road and Bridge Corporation Nigeria Limited, Dafac Capitals Limited, Dantata & Sawoe Construction Company (Nigeria) Limited, Diamond Straples Limited, and EK Holdings Limited.

According to the ministry, the bids are for value-added concession for 12 federal roads under the Highway Development and Management Initiative (HDMI).

RelatedStories

12 Dead, 2 Injured In Kogi Road Crash, FRSC Warns Motorists Against Speeding, Dangerous Driving

FRSC Confirms Four Dead In Kogi Accident

FG Temporarily Opens 47-KM Stretch Of Lagos–Calabar Coastal Highway

Yuletide : Dangote Cement Leads Ember Months Awareness Campaign To Reduce Road Crashes

It was gathered that the Ministry of Works created the HDMI to develop and supervise the country’s federal road network through private sector investment, maximising the use of assets along the right of way.

The 12 roads to be concession under the first phase of the HDMI are: Benin – Asaba, Abuja – Lokoja; Kaduna – Kano; Onitsha – Owerri – Aba; Sagamu – Benin; and Abuja – Keffi – Akwanga.

Others include Lokoja – Benin; Enugu – Port Harcourt; Ilorin – Jebba; Lagos – Ota – Abeokuta; Lagos – Badagry; and Kano – Shuari – Potiskum – Damaturu.

In December 2020, the Minister, Babatunde Fashola, received the Certificate of Compliance for the Outline Business Case for the HDMI.

This followed the official inauguration of the e-portal by the minister on March 29, 2021.

Asein said applications were received from interested prospective concessionaires in response to the request for qualification.

“The evaluation process is about to start and at the end of the process, we will communicate to those who have been pre-qualified. It is going to be free, fair, and transparent.

“We will go through the documents submitted by the 75 firms and if they are pre-qualified they will go on to the next stage,” She explained.

The initiative was aimed at creating an alternative source of financing for road development and management across the country while unlocking the economic potential of the project routes with attendant job creation.

The Ministry added that it was expecting over N1tn from the private sector for the development and maintenance of the 12 highways selected for concession under the HDMI.

The 12 highways combined represent about 1,963km and less than 5.6 per cent of Nigeria’s 35,000km federal highway network.

According to officials of the ministry,
concessionaires will need to recoup their investments and this signifies the return of toll gates.

The bid opening event was graced by the Infrastructure Concession Regulatory Commission, some non-government organisations, and other interested partners and stakeholders.

Tags: 12Bidsfirmshighways
Previous Post

INEC holds emergency meeting on amended electoral bill

Next Post

Leave Ukraine now, FG Tells Russia

Vital News

Vital News

RelatedStories

Five Children, 14 Others Perish In Kogi Road Accident
News

12 Dead, 2 Injured In Kogi Road Crash, FRSC Warns Motorists Against Speeding, Dangerous Driving

December 20, 2025
FRSC Confirms Four Dead In Kogi Accident
News

FRSC Confirms Four Dead In Kogi Accident

December 14, 2025
FG Temporarily Opens 47-KM Stretch Of Lagos–Calabar Coastal Highway
Environment

FG Temporarily Opens 47-KM Stretch Of Lagos–Calabar Coastal Highway

December 13, 2025
Yuletide : Dangote Cement Leads Ember Months Awareness Campaign To Reduce Road Crashes
News

Yuletide : Dangote Cement Leads Ember Months Awareness Campaign To Reduce Road Crashes

December 8, 2025
Ododo Promises Fairness, Transparency As Ekiti APC Holds Congress To Elect Governorship Candidate Oct. 27
News

Six Persons Returning From An Event Organised By Kogi Government Die In Crash, 13 Others Injured

December 4, 2025
Next Post

Leave Ukraine now, FG Tells Russia

Uromi robbery attack : Police recover N37 million, five cars

IGP appoints Senchi DIG Operations, redeploys Janga, Ciroma , Mohammed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Kwankwaso Picks Bishop Idahosa as Running Mate

3 years ago
Sam Ogbuku Embarks On Dollar Rain In Bayelsa State Over Governorship Bid

Sam Ogbuku Embarks On Dollar Rain In Bayelsa State Over Governorship Bid

6 months ago

OGD/Adebutu’s Romantic Honeymoon Will Soon Be Over by Olufemi Ezekiel

3 years ago
Dredging Ogun River Will Curb Flooding At Isheri – Abiodun

Dredging Ogun River Will Curb Flooding At Isheri – Abiodun

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery road Security students Tinubu troops US
No Result
View All Result

Highlights

Archbishop Martins Charges Nigerians To Face Violence With Courage, Embrace Love At Christmas

Ogunmola Congratulates Ogori/Magongo People On Christmas Celebration, Urges Respect For Security Protocols

PDP Crisis Deepens As INEC Rejects Turaki-led NWC Due To Lingering Court Cases

FGN/IFAD – VCDP Begins Inputs Distribution To 260 Dry Season Rice Farmers In Taraba

Dangote Refinery Releases Hotline For Reporting MRS Fuel Stations Selling PMS Above ₦739

Tinubu Building A More Modern, Combat-ready Military – IMPI

Trending

Kano Assembly In Shock As Two Lawmakers Die Suddenly In Office
News

Kano Assembly In Shock As Two Lawmakers Die Suddenly In Office

by Vital News
December 24, 2025
0

By Bala Salihu Dawakin Kudu The Kano State House of Assembly was on Wednesday thrown into mourning...

C-ISOWN Praises President Tinubu On Credible Delivery Of Social Welfare Programmes, Achievements In Nigeria

Christmas : Despite Daunting Challenges, God Is With Us – President Tinubu

December 24, 2025
Christmas : GIMP-Nigeria Urges Interfaith Synergy To Curb Insecurity

Christmas : GIMP-Nigeria Urges Interfaith Synergy To Curb Insecurity

December 24, 2025
Nigeria Descending Into Chaos, Archbishop Martins Warns FG

Archbishop Martins Charges Nigerians To Face Violence With Courage, Embrace Love At Christmas

December 24, 2025
Ogunmola Congratulates Ogori/Magongo People On Christmas Celebration, Urges Respect For Security Protocols

Ogunmola Congratulates Ogori/Magongo People On Christmas Celebration, Urges Respect For Security Protocols

December 24, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kano Assembly In Shock As Two Lawmakers Die Suddenly In Office December 24, 2025
  • Christmas : Despite Daunting Challenges, God Is With Us – President Tinubu December 24, 2025
  • Christmas : GIMP-Nigeria Urges Interfaith Synergy To Curb Insecurity December 24, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In