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75 Companies Submit bid for Concessioning of 12 highways – FG

By Our Reporter

Seventy-five companies have submitted bids for the concessioning of 12 Federal roads through its online portal under the first phase of the Highway Development Management Initiative (HDMI), the Federal Government has disclosed on Tuesday June 1, 2021.

Head of the Public Private Partnership (PPP) of the Federal Ministry of Works and Housing, Mrs. Abimbola Asein, made this known in Abuja.

According to a statement by Director of Press and Public Relations, Boade Akinola, Asein explained the Highways Development & Management Initiative was created by the Ministry with the objective to attract sustainable investment and funding in the development of road infrastructure and maximize the use of assets along the right of way.

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The 12 roads to be concessioned under the first phase of the Highway Development and Management Initiative are: Benin – Asaba; Abuja – Lokoja; Onitsha – Aba – Owerri; Shagamu –Benin; Abuja -Keffi – Akwanga; Kano – Maiduguri; Kano- Katsina; Lokoja – Benin; Enugu-Port Harcourt; Ilorin-Jebba; Lagos-Abeokuta and Lagos-Badagry.

She explained the rationale behind the private sector engagement was to provide alternative funding source for road development and management, pointing the Ministry was working jointly with the Infrastructure Concession Regulatory Commission (ICRC), Federal Ministry of Finance, Budget and National Planning (FMFB&NP) amongst other stakeholders to see to the realization of the project.

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“The buy-in of the Federal Executive Council (FEC) and the National Assembly had been obtained and the nation is looking forward to a robust procurement process that will attract capable concessionaires that will develop and manage these routes,” Asein added.

According to the Permanent Secretary Federal Ministry of Works and Housing, Babangida Hussaini, the Request for Qualification Bid Opening Ceremony signaled the commencement of the Value-Added Concession Evaluation Exercise.

He said, “The Ministry shall ensure that the procurement process is in line with the Infrastructure Concession Regulatory Commission (ICRC) act and approved Public-Private partnership guidelines.”

Hussaini further explained that every proponent who indicated interest at this Request for Qualification stage and meets the basic prequalification criteria would be shortlisted and subsequently invited for the Request for Proposal (RFP) stage.

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