FEC okays $64.2m for Escravos power project
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by chijioke okoronkwo9 shehu said that the council also approved the construction of five security water front patrol boats for the nigerian ports authority in marina lagos for coastline security1 dr ibe kachikwu the minister of state for petroleum resources disclosed this while briefing state house correspondents after fec meeting presided over by the vice president prof. yemi osinbajo in the presidential villa1 escravos which hosts two major transnational oil companies shell and chevron is located in warri south local government area of delta state communities therein include ugborodu ogidigben jala madagho and ajidubu1 kachikwu said that previously the escravos lagos pipeline system elps was stopped because communities raised concerns over moving 50 per cent of gas required when the immediate community did not have power supply1 the minister said that the project was consequently stalled for a very long time1 today we approached the council to approve 64235644 million dollars to fund two lots1 one is for the supply of power itself which is building the plant all the engineering services required to do that and also distributing the power within the series of communities affected1 the federal executive council fec on wednesday approved 64.2 million dollars for power supply project to communities within escravos area of delta state1 we believe that with this power will be provided to the immediate communities for a period of four-five years and it will become a permanent structure1 because in the absence of that we are going to use generators which will cost over n18 million every month to manage just to provide light in those areas so as to enable the more important contract of the elps to take place he said1 earlier malam garba shehu the senior special assistant to the president media and publicity said that fec had given three approvals to the economic and financial crimes commission efcc1 according to him the first is a n500 million contract awarded to julius berger for the provision of facilities and maintenance services for the new 10-storey building1 they also got approval for the procurement of 700 computers 100 laptops and 25 laser printers at about n449 million1 the third one to efcc is the purchase of 15 utility vehicles they are expanding and they need a lot more vehicular support for their operations1 the vehicles are being bought from local assemblies in line with the policy of the administration he said1 the council was gracious enough to approve that to two specific companiesfec approved it in two different lots one for 51 million dollars and the other one for 13 million dollars1