• About
  • Advertise
  • Contact
Saturday, November 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

At Retreat, Dangote Cement Tasks Drivers On Safe Driving, Honours Top Drivers With Awards

Dangote Cement Transport Wins TCAN Award For Championing Transport Industry Development

EU Delegation Expresses Desire To Invest In Kogi Inland Waterways, Seeks 50- hectare Land To Establish Operational Base

Kogi Executive Council Commends President Tinubu On Lokoja – Abuja, Okene – Benin Road Projects, Approves Major Agricultural Interventions

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

At Retreat, Dangote Cement Tasks Drivers On Safe Driving, Honours Top Drivers With Awards
Business

At Retreat, Dangote Cement Tasks Drivers On Safe Driving, Honours Top Drivers With Awards

October 21, 2026
Dangote Cement Transport Wins TCAN Award For Championing Transport Industry Development
Transport

Dangote Cement Transport Wins TCAN Award For Championing Transport Industry Development

October 2, 2026
EU Delegation Expresses Desire To Invest In Kogi Inland Waterways, Seeks 50- hectare Land To Establish Operational Base
Maritime/ Marine Transport

EU Delegation Expresses Desire To Invest In Kogi Inland Waterways, Seeks 50- hectare Land To Establish Operational Base

September 16, 2026
Kogi Executive Council Commends President Tinubu On Lokoja – Abuja, Okene – Benin Road Projects,  Approves Major Agricultural Interventions
Agriculture/ Water/ Mineral

Kogi Executive Council Commends President Tinubu On Lokoja – Abuja, Okene – Benin Road Projects, Approves Major Agricultural Interventions

September 7, 2026
Relief As President Tinubu Flags Off Reconstruction Of 58-kilometre Ibadan–Ijebu-Ode Road 64 years After
Environment

Relief As President Tinubu Flags Off Reconstruction Of 58-kilometre Ibadan–Ijebu-Ode Road 64 years After

August 24, 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

2.3million PVCs Collected In Oyo State — INEC

2.3million PVCs Collected In Oyo State — INEC

4 years ago
Trump Says Palestinians Have ‘No Alternative’ But To Leave Gaza

Trump Reverses Student Visa Cancellations

2 years ago
Tinubu Reverses NTA Appointments, Reinstates Dembos As DG NTA

Tinubu Reverses NTA Appointments, Reinstates Dembos As DG NTA

1 year ago
Ramadan : Bello Charges Muslims On Good Deeds, Prayers For Nigeria, Leaders

Suspension Of NWC Member : Bello Wades In, Urges Guber Aspirants To Focus On Delegates, Shun Division

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
  • Housing
  • ICT
  • 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 drug drugs Economy EFCC Election FG INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security Senate students Tinubu US Women
No Result
View All Result

Highlights

UK-Nigeria Trade Hits £7.3bln, Britain Seeks Deeper Strategic Partnership

Ogun Is Ready For State Police – Governor Abiodun

Governor Ododo Rolls Out Empowerment Scheme For Petty Traders, Youths In Kogi East , Distributes Motorcycles, ₦50,000 Cash Support

Turmoil In ADC As Court Sacks David Mark-led Exco, Invalidates All Nominations For 2027 Elections

Marwa Takes Advocacy To Edo, Governor Okoebolo, Oba Of Benin Declare Support For NDLEA, Fight Against Drug Abuse

Drug War : Marwa Takes Advocacy To Edo, Governor Okpebholo, Oba Of Benin Declare Support For NDLEA

Trending

2027 Elections : INEC Stops Staff From Going On Annual Leave, Raises Allowances
Politics

2027 Elections : INEC Stops Staff From Going On Annual Leave, Raises Allowances

by Vital News
November 6, 2026
0

The Independent National Electoral Commission (INEC) has directed its staff members to suspend further annual leave as...

Two Men Sentenced To Death For Killing Kano Housewife, Six Children

Two Men Sentenced To Death For Killing Kano Housewife, Six Children

November 6, 2026
IPCR Dialogue : Zulu Blames Governance Failures, Hatred For Nigeria’s Deepening Insecurity

IPCR Dialogue : Zulu Blames Governance Failures, Hatred For Nigeria’s Deepening Insecurity

November 6, 2026
UK-Nigeria Trade Hits £7.3bln, Britain Seeks Deeper Strategic Partnership

UK-Nigeria Trade Hits £7.3bln, Britain Seeks Deeper Strategic Partnership

November 6, 2026
Ogun Is Ready For State Police – Governor Abiodun

Ogun Is Ready For State Police – Governor Abiodun

November 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

  • 2027 Elections : INEC Stops Staff From Going On Annual Leave, Raises Allowances November 6, 2026
  • Two Men Sentenced To Death For Killing Kano Housewife, Six Children November 6, 2026
  • IPCR Dialogue : Zulu Blames Governance Failures, Hatred For Nigeria’s Deepening Insecurity November 6, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Housing
  • ICT
  • 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