• About
  • Advertise
  • Contact
Friday, August 22, 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

Truck Crash Kills 12, Injures 5 In Kano

One-Way Traffic Offences : 18 Lagos Drivers To Undergo Psychiatric Test

NRC Suspends Train Service On Warri-Itakpe Corridor Over Technical Issues

Train Service : Lagos – Kano Narrow Gauge Restoration To Reach Offa December – NRC

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

Truck Crash Kills 12, Injures 5 In Kano

August 15, 2025
One-Way Traffic Offences : 18 Lagos Drivers To Undergo Psychiatric Test
News

One-Way Traffic Offences : 18 Lagos Drivers To Undergo Psychiatric Test

July 28, 2025
NRC Suspends Train Service On Warri-Itakpe Corridor Over Technical Issues
Transport

NRC Suspends Train Service On Warri-Itakpe Corridor Over Technical Issues

July 17, 2025
Train Service : Lagos – Kano Narrow Gauge Restoration To Reach Offa December – NRC
News

Train Service : Lagos – Kano Narrow Gauge Restoration To Reach Offa December – NRC

July 5, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15
Oil & Gas

Experts Laud Dangote Refinery On Deployment Of 4,000 CNG Trucks For Free Distribution Of Petrol, Diesel

July 1, 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

Tinubu Welcomes Chevron $1.4bln Drilling Project In Nigeria

Tinubu Welcomes Chevron $1.4bln Drilling Project In Nigeria

2 years ago
Nigeria Unveils 84-man Contingent For 2024 Paris Olympic

Nigeria Unveils 84-man Contingent For 2024 Paris Olympic

1 year ago

President Buhari Summons Emergency Security Meeting

3 years ago
UPF Honours Biafra Interim Leader, Spokesperson, Simon Ekpa In Denmark

UPF Honours Biafra Interim Leader, Spokesperson, Simon Ekpa In Denmark

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
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

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

Highlights

Don’t Stay Away From Home, President Tinubu Tell Nigerians In Japan, Says Nigeria On The Rise Again

Abia Secures $750mln World Bank Support For Renewable Energy

Woman Mistaken For Kidnapper Killed By Irate Mob In Ilorin

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

Trending

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba,  N1.07bln Salary Arrears
Judiciary

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

by Vital News
August 22, 2025
0

The Court of Appeal sitting in Abuja has again ordered the Kogi State government to pay Simon...

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

August 22, 2025
KB Klub Holds Largest Blood Donation Drive, Raises 500pints Of Blood In Lagos

KB Klub Holds Largest Blood Donation Drive, Raises 500pints Of Blood In Lagos

August 22, 2025
President Tinubu Jets Out On State Visit To Saint Lucia, Brazil

Don’t Stay Away From Home, President Tinubu Tell Nigerians In Japan, Says Nigeria On The Rise Again

August 21, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN

Abia Secures $750mln World Bank Support For Renewable Energy

August 21, 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

  • Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears August 22, 2025
  • First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing August 22, 2025
  • KB Klub Holds Largest Blood Donation Drive, Raises 500pints Of Blood In Lagos August 22, 2025

Categories

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