• About
  • Advertise
  • Contact
Tuesday, April 7, 2026
  • 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

Abiodun Commissions Iworo–Ogbogbo–Igbeba Road, Promises Two More Projects In Ijebu North-East

7 Die In Ota Toll Gate Accident, Abiodun Condemns Reckless Driving, Orders Probe Into Tragedy

Ogun Targets 2,000km Of Roads For Construction, Completion Before End Of Abiodun’s Tenure

FRSC Dismisses 43 Officers Over Misconduct

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

Abiodun Commissions Iworo–Ogbogbo–Igbeba Road, Promises Two More Projects In Ijebu North-East
Environment

Abiodun Commissions Iworo–Ogbogbo–Igbeba Road, Promises Two More Projects In Ijebu North-East

February 26, 2026
FRSC Confirms 10 Dead, 11 Injured In Crash On Lokoja – Obajana Road In Kogi
News

7 Die In Ota Toll Gate Accident, Abiodun Condemns Reckless Driving, Orders Probe Into Tragedy

February 17, 2026
Ogun Targets 2,000km Of Roads For Construction, Completion Before End Of Abiodun’s Tenure
News

Ogun Targets 2,000km Of Roads For Construction, Completion Before End Of Abiodun’s Tenure

February 16, 2026
FRSC Confirms 10 Dead, 11 Injured In Crash On Lokoja – Obajana Road In Kogi
News

FRSC Dismisses 43 Officers Over Misconduct

February 12, 2026
Sukuk Team Visits Key Infrastructure Projects In Kogi, Govt. Opts For Non-interest Financing
Economy

Sukuk Team Visits Key Infrastructure Projects In Kogi, Govt. Opts For Non-interest Financing

February 10, 2026
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

EFCC Secures Interim Order To Claim 40 Properties Linked To Ekweremadu

3 years ago

IGP appoints new CPs for Kaduna, Kogi, FCT, others

4 years ago
Kogi vs EFCC : Agbakoba Heads To  Court To Challenge Scope Of Powers Of EFCC

Man Files Suit To Stop INEC From Conducting 2023 Elections Over Underage Voters, Double Voting

3 years ago

VET-Toolbox, Julius Berger to train 1,000 cashew farmers in Nigeria

4 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 Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security students Tinubu troops US Women
No Result
View All Result

Highlights

Easter : Ododo Felicitates Kogi Christians, Urges Them To Emulate Virtues of Humility, Love, Forgiveness

Christ’s Resurrection Calls Nigerians To Holiness, Unity, National Renewal, Says Kwara Anglican Bishop

2027: Faleke Supporters Declare For Tinubu, Ododo, Collapse Structure Into Kogi APC

President Tinubu Approves N3.3trillion Payment Plan To Restore Regular Electricity Supply

Lagos Pastor, Wife In NDLEA Net Over 11kg Skunk, Arrests Kingpin Behind Cocaine In Tins Of Palm Kernel Oil

Rights Commission Demands End To Killings, Urges FG To Prosecute Perpetrators

Trending

Five Chinese Initiatives As Bedrock For Building A Shared Future For Mankind By Lawal Sale
Opinion

Five Chinese Initiatives As Bedrock For Building A Shared Future For Mankind By Lawal Sale

by Vital News
April 7, 2026
0

Five Chinese Initiatives As Bedrock For Building A Shared Future For Mankind By Lawal Sale In 2013,...

Auchi College Lost Glory Restored Through Massive Reconstruction By  Alumni Association Class 91

Auchi College Lost Glory Restored Through Massive Reconstruction By Alumni Association Class 91

April 7, 2026
Gov. Abiodun Appoints Nine Permanent Secretaries, New Principals-General, Headteachers-General

Easter : Abiodun Congratulates Christians, Urges Unity, Love, Tolerance

April 5, 2026
Easter : Ododo Felicitates Kogi Christians, Urges Them To Emulate Virtues of Humility, Love, Forgiveness

Easter : Ododo Felicitates Kogi Christians, Urges Them To Emulate Virtues of Humility, Love, Forgiveness

April 5, 2026
Christ’s Resurrection Calls Nigerians To Holiness, Unity, National Renewal, Says Kwara Anglican Bishop

Christ’s Resurrection Calls Nigerians To Holiness, Unity, National Renewal, Says Kwara Anglican Bishop

April 5, 2026
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

  • Five Chinese Initiatives As Bedrock For Building A Shared Future For Mankind By Lawal Sale April 7, 2026
  • Auchi College Lost Glory Restored Through Massive Reconstruction By Alumni Association Class 91 April 7, 2026
  • Easter : Abiodun Congratulates Christians, Urges Unity, Love, Tolerance April 5, 2026

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