• About
  • Advertise
  • Contact
Thursday, November 13, 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

Driving Africa’s Low-Carbon Future : Dangote Cement Commits To 100% CNG Fleet

Dangote Cement Transport Obajana Upscales Community Engagement In Sustainability Drive

Contractor Promises Speedy Completion Of Lagos–Abeokuta Expressway

Truck Involved In Fatal Accident In Akungba, Belongs DeGreat Rismub Company – Police

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

Driving Africa’s Low-Carbon Future : Dangote Cement Commits To 100% CNG Fleet
Business

Driving Africa’s Low-Carbon Future : Dangote Cement Commits To 100% CNG Fleet

November 5, 2025
Dangote Cement Transport Obajana Upscales Community Engagement In Sustainability Drive
Environment

Dangote Cement Transport Obajana Upscales Community Engagement In Sustainability Drive

November 3, 2025
Contractor Promises Speedy Completion Of  Lagos–Abeokuta Expressway
News

Contractor Promises Speedy Completion Of Lagos–Abeokuta Expressway

November 3, 2025
Truck Involved In Fatal Accident In Akungba, Belongs DeGreat Rismub Company – Police
News

Truck Involved In Fatal Accident In Akungba, Belongs DeGreat Rismub Company – Police

October 25, 2025
Dangote Denies Ownership Of Truck Involved In Enugu Accident
News

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

October 23, 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

US Seizes Venezuelan President’s Plane In Dominican Republic

US Seizes Venezuelan President’s Plane In Dominican Republic

1 year ago
Tinubu Seeks EU’s Support For Nigeria In Fight Against Insecurity, Poverty

TEXT OF DEMOCRACY DAY NATIONAL BROADCAST BY PRESIDENT BOLA AHMED Tinubu, GCFR ON JUNE 12, 2023

2 years ago
Gunmen Kill 4 In Anambra

Two INEC Staff Missing, 3 Injured In Gunmen Deadly Attack In Kogi

3 years ago
Former President Muhammadu Buhari Dies In London At 82

Former President Muhammadu Buhari For Burial In Daura Tuesday, July 15, Gov. Radda Announces

4 months 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 rescue road Security students Tinubu US
No Result
View All Result

Highlights

Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

Our National Convention Will Go On As Scheduled On Saturday — PDP

IMPI Reviews Tinubu’s Record Military Assets Acquisition In 18 Months From US

ECCIMA Applauds FG’s “Nigeria First” Policy, Says 15% Import Tax On PMS And Diesel Will Boost Jobs, Economic Growth

Bandits Kidnap Six Directors Of Ministry Of Defence In Kogi

Dangote Fertiliser Limited Partners German’s thyssenkrupp Uhde To License Four Urea Granulation Units In Nigeria

Trending

FIRS Surpasses 2025 Revenue Target In 9 Months, Nets N22.59trn
Economy

FG Suspends Implementation Of 15% Import Tax On Petrol, Diesel

by Vital News
November 13, 2025
0

The Federal Government on Thursday suspended the implementation of the proposed 15% import tax on petrol and...

Ogun Targets N500bln IGR To Finance 2026 Budget

Ogun Targets N500bln IGR To Finance 2026 Budget

November 12, 2025
Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

November 12, 2025
Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

November 12, 2025
PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South

Our National Convention Will Go On As Scheduled On Saturday — PDP

November 12, 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

  • FG Suspends Implementation Of 15% Import Tax On Petrol, Diesel November 13, 2025
  • Ogun Targets N500bln IGR To Finance 2026 Budget November 12, 2025
  • Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization November 12, 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