The Federal Ministry of Works and Housing has revealed that a total of 75 firms have submitted bids to serve as concessionaires for 12 federal roads mapped out for concession by the Federal Government.
This was contained in an official announcement on Tuesday at the Ministry’s headquarters, which said bid documents submitted by the companies and the names of the firms were received.
According to the Ministry, some of the firms that submitted 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.
It was also revealed that the bids were for value-added concession for 12 federal roads under the Highway Development and Management Initiative.
The HDMI was created by the works ministry to develop and manage the country’s federal road network through private sector investment, maximising the use of assets along the right of way.
The bid opening event was witnessed by the Infrastructure Concession Regulatory Commission, some non-government organisations, and other interested partners and stakeholders.
The 12 roads that are up for concession under the first phase of the HDMI include Benin-Asaba, Abuja-Lokoja, Kaduna-Kano, Onitsha-Owerri-Aba, Shagamu-Benin, and Abuja-Keffi-Akwanga federal highways.
Others are Lokoja-Benin, Enugu-Port Harcourt, Ilorin-Jebba, Lagos-Ota-Abeokuta, Lagos-Badagry, and Kano-Shuari-PortisKum-Damaturu roads.
The Minister of Works and Housing, Babatunde Fashola, had in December 2020 received the Certificate of Compliance for the Outline Business Case for the HDMI, followed by the official inauguration of the e-portal by the minister on March 29, 2021.