Federal Executive Council (FEC), on Wednesday, approved N114 billion contract for Outer Marina shoreline protection.
Minister of Work, Dave Umahi, disclosed this to correspondents at the end of the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja.
The approval was part of the several obtained by his ministry following a memo he presented to the council for consideration.
Umahi explained: “The shore protection was done over 50 years back with sheet piles and we had to take the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on a tour with Julius Berger through the entire shoreline of 3.92km.
“We took the tour with Julius Berger, CCECC, CBC, and BuildWell, and demanded for them to inspect and then give us their proposal. Only BuildWell and CCECC brought their proposals.
“Whereas CCECC was quoting 3.2km at N134bn, BuildWell was quoting 3.9km at N114bn. We sent the two to BPP and BPP found merit in BuildWell because of cost and, of course, the latest technology in doing shore protection using interlocking concrete, which will not be subject to rusting. So we got approval for Build Well in the sum up of N114 billion.”
According to the minister, the shoreline protection project is necessary because of its proximity to the recently inaugurated Lagos Railway Red Line and other existing structures in the area.
The minister added that his ministry sought to leverage the low-water levels of the dry season to drive piles down the shore.
