Federal Executive Council (FEC) Approved Contracts For November 3, 2010

FEDERAL EXECUTIVE COUNCIL (FEC) APPROVED CONTRACTS FOR NOVEMBER 3, 2010

1) Item/Service: Award of the Contract for the Supply of Strategic Fuel Reserve of 39,655,000

litres of LPFO for Egbin Electric Power Plc

Name of Company: (a) 20,772,000 litres of LPFO – Messrs. Eterna Oil Plc.

(b) 18,883,000 litres of LPFO – Messrs. Lubcon Limited

Implementing Agency: Federal Ministry of Power/Egbin Electric Power Plc

Cost: (a) N2,199,962,520.00 (b) N1,999,898,530.00

Date: 20/01/10

Duration: (a) 35 days (b) 30 days

2.0 Award of the Direct Purchase of Toyota Vehicles From the Designated Dealer

2.1) Item/Service: 2Nos. Toyota Prado GX 2.7L – Petrol Engine, AC, 4 Cylinders, Automatic Transmission, Leather seats, Reverse Camera and Airbags, 2009 Model

Name of Company: Messrs. INEH-MIC Automobile Company Limited, Abuja

Implementing Agency: SGF/NEMA

Cost: N 19,000,000.00

Date: 20/01/10

Duration: 3 Weeks