News
700 Companies Competing For N12bn Railway Projects – NRC
About 700 firms bid for the N12 billion capital projects procurement, according to the Nigerian Railway Corporation.
Mr Benjamin Iloanusi, NRC’s Director of Procurement, said during the exercise in Lagos that the bidding procedure was solely for capital projects.
“We have over 700 companies that submitted their documents. That is the number of companies that submitted their bids. Our budget is actually in the public knowledge and it’s about N12billion, which is purely for capital projects.”
Iloanusi stated that the agency has trained its employees to ensure that the procedure ran well.
“We normally have a day before training for people that participate and they are often clear on what they need to do. The training was for the desk officers handling the documents. At least we started on time and it’s going on well because the processes are being followed. Over the years, we have managed to build guidelines and procedures, which is why you see the process going on smoothly.
“The process is going on well. No company has been disqualified yet until we go through their documents. If we find grounds to disqualify any, then we will do that.”
Iloanusi further said that the process was not for the evaluation of validation but to see the documents submitted by the bidders.
“As I said before, we are not evaluating, we are not validating, we are merely looking at the documents they submitted in accordance with the eligibility criteria in the advert. So all that they are doing here is checking that the documents are complete. We can disqualify if the documents are not there.
“The flaws we saw last year gave room for the guidelines this year. If we see any flaws this year, we will work on them in the coming year. So at the end of this year, we will look at lessons learnt and work on the bottlenecks.”
Earlier, the Managing Director and Chief Executive Officer of NRC, Fredrick Okhiria, had said that a lot of bidders wanted to come through the back door.
-
Celebrities Auto4 days agoThrowback: When KC Luxury Boasted Of Being The Only Person In The World To Own Two Rare Mercedes-Maybachs
-
Celebrities Auto6 days agoInside KC Luxury’s Car Collection: From A ₦2.5B Brabus 800 Adventure XLP To Alicia Keys’ Former Maybach
-
News1 week agoMansa Fulfills Challenge: TikTok Star Peller Gifted ₦300 Million Mercedes-Benz G-Wagon
-
News1 week agoUltra-Rare, Centre-Driving McLaren F1 GTR Fetches Record $34.6 Million At Auction
-
News18 hours agoAndrew Tate’s Lawyers Claim His Famous Bugatti And Aston Martin Are Rented
-
News1 week agoPorsche And Chinese Company Xpeng Collaborate To Lower Average Emissions In Europe
-
News5 days agoWho Is Herbert Wertheim? The 87-Year-Old Billionaire Who Bought The $40M Ferrari Luce “Chassis 0”
-
News1 week ago“Wike Carry ‘Rivers’ Come Abuja”: Citizens React As Flash Floods Submerge Luxury Vehicles