The Federal Government has awarded a contract worth about N14 billion to a construction company, Buildwell, for the reconstruction of the outer Mariner shoreline, particularly to reinforce the rail line.
The Minister of Works, Dave Umahi, who disclosed this in Lagos, explained, “This infrastructure, whether it serves the Lagos State government or the federal government, is for the welfare of all Nigerians.
“Over the past three months, we observed serious threat to this critical infrastructure, particularly the rail line that was recently commissioned by the President.
“The existing shoreline has deteriorated very seriously, mostly along the outer Mariner to a total length of 3.9 kilometres.” Umahi said five companies were invited to bid for the contract, and Buildwell emerged as the winner over its competitor, CCECC, which bided N145 billion.
He said the contract was awarded through the BPP and with the Federal Executive Council’s approval, adding that President Bola Tinubu insisted on due process in the award of the contract. According to him, Buildwell has started work, and the cost of the contract, which will be completed in 12 months, will not vary.
