FEDERAL EXECUTIVE COUNCIL (FEC) APPROVED CONTRACTS FOR MARCH 23, 2011
1) Item/Service: Variation of the Contract for the Construction of the 750MW Olorunsogo Phase II Power Plant
Name of Company: Messrs. SEPCO III Electric Power Construction Corporation Limited
Implementing Agency: Niger Delta Power Holding Company Ltd.
Cost: Revised Contract Sum From USD449,595,000.00 To USD611,641,478.80
Date: 23/03/11
Duration:
Name of Company: Messrs. China National Machinery and Equipment Import & Export Corporation (CMEC)
Implementing Agency: Niger Delta Power Holding Company Ltd.
Cost: Revised Contract Sum From USD450,420,000.00 To USD471,692,852.00
Date: 23/03/11
Duration:
Name of Company: Messrs. Oilserv Ltd.
Implementing Agency: Niger Delta Power Holding Company Ltd.
Cost: Revised Contract Sum From N976,756,274.10 Plus USD13,911,193.16 To N1,319,610,185.92 Plus USD25,153,184.95
Date: 23/03/11
Duration:
Name of Company: Messrs. Oilserve Ltd.
Implementing Agency: Niger Delta Power Holding Company Ltd.
Cost: Revised Contract Sum From USD24,136,478.93 Plus N3,512,846,472.70 To USD34,131,544.71 Plus N4,230,769,000.03
Date: 23/03/11
Duration:
4) Item/Service: Variation of the Contract for the Construction of the 230MW Omoku Power Plant Project
Name of Company: Messrs. Rockson Engineering Limited
Implementing Agency: Niger Delta Power Holding Company Ltd.
Cost: Revised Contract Sum From USD161,041,441.74 To USD240,893,439.72
Date: 23/03/11
Duration:
Name of Company: Messrs. Kaztec Engineering Ltd.
Implementing Agency: Niger Delta Power Holding Company Ltd.
Cost: Revised Contract Sum From USD125,978,386.80 Plus N3,868,589,917.30 To USD191,734,337.89 Plus N5,080,514,053.51
Date: 23/03/11
Duration: 15 Months
Type of Commodity: Maize
Quantity (MT): 4,000
Total Amount for Assorted Food: 200,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 32,021,040.00
Type of Commodity: Millet
Quantity (MT): 2,500
Total Amount for Assorted Food: 122,500,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 20,013,150.00
3) Names of Licensed Buying Agents (LBAs): Messrs. Had (Nigeria) Limited
Type of Commodity: Soyabean
Quantity (MT): 3,500
Total Amount for Assorted Food: 210,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
Type of Commodity: Sorghum
Quantity (MT): 3,500
Total Amount for Assorted Food: 168,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
Type of Commodity: Maize
Quantity (MT): 3,000
Total Amount for Assorted Food: 150,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
Type of Commodity: Paddy rice
Quantity (MT): 2,000
Total Amount for Assorted Food: 130,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 16,010,520.00
Type of Commodity: Maize
Quantity (MT): 2,500
Total Amount for Assorted Food: 120,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 20,013,150.00
Type of Commodity: Soyabeen
Quantity (MT): 3,500
Total Amount for Assorted Food: 210,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
9) Names of Licensed Buying Agents (LBAs): Messrs. Tosbod Ventures Ltd
Type of Commodity: Millet
Quantity (MT): 3,000
Total Amount for Assorted Food: 147,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
Type of Commodity: Soyabean
Quantity (MT): 4,000
Total Amount for Assorted Food: 240,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 32,021,040.00
Type of Commodity: Gari
Quantity (MT): 2,000
Total Amount for Assorted Food: 160,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 16,010,520.00
Type of Commodity: Maize
Quantity (MT): 3,000
Total Amount for Assorted Food: 150,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
13) Names of Licensed Buying Agents (LBAs): Messrs. M. Suleiman Ent. Ltd.
Type of Commodity: Maize
Quantity (MT): 4,000
Total Amount for Assorted Food: 200,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 32,021,040.00
Type of Commodity: Sorghum
Quantity (MT): 3,500
Total Amount for Assorted Food: 168,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
Type of Commodity: Maize
Quantity (MT): 3,500
Total Amount for Assorted Food: 175,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
Type of Commodity: Maize
Quantity (MT): 3,000
Total Amount for Assorted Food: 150,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
Type of Commodity: Millet
Quantity (MT): 4,500
Total Amount for Assorted Food: 220,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 36,023,670.00
18) Names of Licensed Buying Agents (LBAs): Messrs. Practoil Limited
Type of Commodity: Soyabean
Quantity (MT): 3,500
Total Amount for Assorted Food: 210,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
Type of Commodity: Soyabean
Quantity (MT): 2,500
Total Amount for Assorted Food: 150,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 20,013,150.00
Type of Commodity: Sorghum
Quantity (MT): 3,000
Total Amount for Assorted Food: 144,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
21) Names of Licensed Buying Agents (LBAs): Messrs. Sabiti Nig. Ltd
Type of Commodity: Maize
Quantity (MT): 3,500
Total Amount for Assorted Food: 175,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
22) Names of Licensed Buying Agents (LBAs): Alh. Yahaya Alhassan
Type of Commodity: Millet
Quantity (MT): 3,000
Total Amount for Assorted Food: 147,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
23) Names of Licensed Buying Agents (LBAs): Messrs. Kaliz Investment (Nig) Ltd
Type of Commodity: Maize
Quantity (MT): 3,500
Total Amount for Assorted Food: 175,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
24) Names of Licensed Buying Agents (LBAs): Messrs. Dynamic Facilities Ltd.
Type of Commodity: Maize
Quantity (MT): 2,500
Total Amount for Assorted Food: 125,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 20,013,150.00
25) Names of Licensed Buying Agents (LBAs): Messrs. Bello Ismaila Gen. Merchant
Type of Commodity: Millet
Quantity (MT): 3,000
Total Amount for Assorted Food: 147,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
26) Names of Licensed Buying Agents (LBAs): Messrs. Matasa GPY Multipurpose (Nig) Ltd
Type of Commodity: Soyabean
Quantity (MT): 3,500
Total Amount for Assorted Food: 210,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 28,018,410.00
27) Names of Licensed Buying Agents (LBAs): Messrs. Kojoil Farms Ltd.
Type of Commodity: Paddy rice
Quantity (MT): 3,000
Total Amount for Assorted Food: 195,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 24,015,780.00
28) Names of Licensed Buying Agents (LBAs): Messrs. Many Agro Allied and Chem. Coy. (Nig) Ltd
Type of Commodity: Millet
Quantity (MT): 4,000
Total Amount for Assorted Food: 196,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 32,021,040.00
29) Names of Licensed Buying Agents (LBAs): Messrs. Annur Global Services
Type of Commodity: Soyabean
Quantity (MT): 2,500
Total Amount for Assorted Food: 150,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 20,013,150.00
30) Names of Licensed Buying Agents (LBAs): Messrs. Urban Investment ltd
Type of Commodity: Maize
Quantity (MT): 2,500
Total Amount for Assorted Food: 125,000,000.00
Reviewed Commission Per ton: 8,005.26
Total Commission: 20,013,150.00
Sub-Total
Quantity (MT): 95,000
Total Amount for Assorted Food: 5,070,000,000.00
Total Commission: 760,499,700.00
Grand Total 5,830,499,700.00