Innoson gets N660b Abuja contract in major boost for local manufacturing
By Jeph Ajobaju, Chief Copy Editor
Innoson Motors has been awarded a N660 billion contract by Federal Executive Council (FEC) to supply 21 vehicles to the Federal Road Safety Corps (FRSC), an unprecedented amount granted by Abuja to boost local vehicle manufacturing.
Information Minister Lai Mohammed disclosed this and other approvals at the end of a FEC meeting in the Villa chaired by Vice President Yemi Osinbajo.
The “contract was in favour of Messrs Innoson Manufacturing Company at the sum of N660,422,220 and it’s made up of 20 pick-up vehicles and 1 City Bus.
“It is in the spirit of encouraging our local industries that the contract was awarded to Innoson Motors,” Mohammed said.
Communications and Digital Economy Minister Isa Pantami disclosed FEC approval for broadband infrastructure for micro-small medium enterprises (MSMEs) and tertiary institutions across the six zones.
“The administration is passionate about deepening the broadband infrastructure and that contract was awarded to various companies for N16,709,853,000”, he said.
The FEC also
- Approved the supply, installation, and upgrading of a new set of IT communications equipment and furniture for emergency communication centres all over the country at a cost of N668 million.
- Ratified the International Labour Organisation Migrant Workers Supplementary Provision 1975 Convention, based on a memo from Minister of Labour and Employment Minister Chris Ngige.
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Other approvals
“There is also the memo from the Minister of Science and Technology for the approval of the Draft National Policy on Welding,” Mohammed added, per Daily Post reporting.
“This is again to ensure that small and medium scale industries get necessary skilled labour. As it is today, most of our welders come from the neighbouring countries and that is the national policy to bridge that gap.
“There is a memo presented by the Minister of Works and Housing seeking for the approval of revised estimated total cost of contract for the construction of Patigi-Ada Road in Kwara State and the contract is for augmentation to the total sum of N1.192 billion which will jerk the original contract from N4.3 billion to N5.5 billion.
“There was an approval for revised estimated total cost of contract for the rehabilitation of Kotangora-Rijau-Tunganmagajiya road section 2, phase 1 in Niger state.
“Here the contractor was seeking a revised cost in the sum of N2.8 billion, taking the total contract sim to N6.5 billion.”