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FG Approves €11.6m Testing Tools For Automotive Council - Investment - Nairaland

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FG Approves €11.6m Testing Tools For Automotive Council by Omooba77: 3:47pm On Mar 04, 2015
The Federal Government on Wednesday approved a request by the Ministry of Industry, Trade and Investment for the award of contracts by the National Automative Council to procure auto testing laboratories equipment and tools to be installed in designated laboratories in Lagos, Enugu and Zaria.

The decision was taken at the weekly Federal Executive Council meeting presided over by President Goodluck Jonathan.

Supervising Minister of Information, Chief Edem Duke; Minister of Industry, Trade and Investment, Dr. Olusegun Aganga; Minister of Finance, Dr. Ngozi Okonjo-Iweala; and Minister of Environment, Labara Malam, briefed State House correspondents of the meeting’s outcome.

Aganga said the contracts for the procurement, installation and training on the tools were awarded in the sum of €11.6m with a delivery period of 36 weeks

The minister added that there was a financial provision of N3bn in the approved 2014 Internally Generated Revenue budget of the NAC out of which the sum of N2.4bn was earmarked for the auto-testing tools.

Giving further breakdown of the contracts, Aganga said under Lot I, the contract for the supply, installation and training on equipment for emission laboratory, Lagos was awarded for €4.8m.

Under Lot II, he said contract which concerns the auto component laboratory, Enugu, was awarded in the sum of €4.6m.

According to him, Lot III which involves the contract for auto testing laboratory, Zaria was awarded for €1.2m.

He added that the Lot IV which is for the supply, installation and training on equipment for metallic component and safety glass laboratory, Zaria was awarded for €764,036; while the Lot V which is for vehicle evaluation laboratory, Zaria, was awarded for €898, 791.

“The overall objective is to ensure vehicle safety and environmental protection as well as the quality of automative products in Nigeria,” Aganga said.

Okonjo-Iweala also said the council approved her request to procure temporary office building located at Plot 1072 Cadastral Zone N10, Dakibiyu District, Airport Road, Abuja for the Investments and Securities Tribunal.
http://www.punchng.com/news/%e2%80%8efg-approves-e11-6m-testing-tools-for-automotive-council/

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Re: FG Approves €11.6m Testing Tools For Automotive Council by shaddi(m): 3:51pm On Mar 04, 2015
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Re: FG Approves €11.6m Testing Tools For Automotive Council by Omooba77: 7:08pm On Mar 04, 2015
Another job opportunity for the youth......

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