The Federal Executive Council (FEC) has approved the
Ministry of Works’ proposal to explore Public-Private Partnership (PPP) and
Engineering, Procurement, Construction plus Financing (EPC+F) models for the
construction of a new Carter Bridge at an estimated cost of N359 billion
and a new Third Mainland Bridge at N3.6 trillion.
Minister of Works David Umahi announced the decision
on Wednesday after the FEC meeting, noting that the same financing options are
also being considered for rehabilitation projects — pegged at N387 billion
for Carter Bridge and N3.8 trillion for Third Mainland Bridge.
Umahi explained that assessments showed Carter Bridge
was beyond repair due to severe structural issues, while the Third Mainland
Bridge faces similar underwater pile deterioration. Both bridges, originally
built using skin friction piles due to the absence of solid rock, have suffered
damage from rusting, sand loss, and illegal sand mining.
“The FEC has approved both EPC+F and PPP options to
enable specialist contractors and the private sector to undertake either full
reconstruction or rehabilitation,” Umahi stated.
Other Infrastructure Approvals
The Minister also disclosed that FEC approved:
Road Project Updates
The approvals mark a significant step in the federal
government’s push to overhaul Nigeria’s ageing bridge and road infrastructure,
much of which has been flagged for urgent attention in recent structural
integrity assessments.
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