News

$162.5 Billion Sukuk Funds: Ajuri Gives a Breakdown of Expenditure

The Senior Special Assistant to the President of the Federal Republic of Nigeria on Public Affairs, Mr Ajuri Ngelale, has this morning, 26th July 2020 given a detailed breakdown of the expenditure of the $162.5 Billion Sukuk funds released so far for forty four (44) critical road infrastructure projects in all the six geopolitical zones of Nigeria. He said that the detailed breakdown is to “offer insight for public accountability”

Ngelale, known for his no-nonsense approach to facts and figures, had promised Nigerians that he will publish a detailed analysis of projects being executed by the Federal Government through the Sukuk Funds, and their level of completion to date. Today, he has made true his promise.

Excerpts from the breakdown by Mr Ngelale is below.

As promised, this is the complete expenditure breakdown of N162.5b SUKUK funds released for 44 critical road projects across the nation’s six Geo-Political Zones. The intention behind delivering this breakdown is to offer insight for public accountability.

°

Zonal Breakdown:

North-Central:
₦26.5bn (2020)
143.44 Kilometres (2020)
8 Roads

North-East:
₦30.5bn
277.53 Kilometres
8 Roads

North-West:
₦26.5bn
227.47 Kilometres
7 Roads

South-West:
₦27bn
59.74 Kilometres
6 Roads

South-East:
₦26bn
99.45 Kilometres
5 Roads

South-South:
₦26bn
121.78 Kilometres
10 Roads

°

NORTH-CENTRAL: EIGHT ROADS

(1) DUALIZATION OF SULEJA-MINNA ROAD PHASE II (KM 40+000 – 101+000) IN NIGER STATE

Contractor: Salini Nigeria Ltd
Contract Sum: ₦36.2bn
Current Completion Level: 17.20%
2020 SUKUK Payment: ₦2.5bn
Road/Bridge Works
Kilometers Covered (2020): 14 kilometres

A completed section of the Suleja – Minna Road Phase II

(2) ABUJA – ABAJI ROAD (SECTION 1: INTERNATIONAL
AIRPORT LINK ROAD JUNCTION – SHEDA VILLAGE JUNCTION)

Contractor: Dantata & Sawoe
Contract Sum: ₦28.6bn
Current Completion Level: 96.11%
2020 SUKUK Payment: ₦1.0bn
PROJECT COMPLETION
Kilometres Covered (2020): 2.2 Kilometres

A completed section of the Abuja – Abaji Road

(3) ABUJA-LOKOJA ROAD: SECTION IV (KOTON KARFE – LOKOJA)

Contractor: Gitto Construction
Contract Sum: ₦31.08bn
Current Completion Level: 76.0%
2020 SUKUK Payment: ₦2.5bn
Asphalt Wearing and 1st & 2nd Coat surface dressing on shoulders with lined drains.
Kilometers Covered (2020): 5.5 kilometers

A completed section of the Abuja – Lokoja Road Section IV, Koton – Karfe (Kogi State)

(4) DUALIZATION OF OBAJANA JUNCTION TO BENIN PHASE 2: SECTION 1 (OBAJANA JUNCTION TO OKENE)

Contractor: CGC Nigeria Ltd
Contract Sum: ₦30.56bn
Current Completion Level: 32.66%
2020 SUKUK Payment: ₦3.5bn
Ongoing Dualization works
Kilometers Covered (2020): 63.05 kilometers

A completed section of the Obajana-Okene Road dualisation

(5) CONSTRUCTION OF OJU/LOKO-OWETO BRIDGE TO LINK BENUE & NASARAWA WITH NEW APPROACH ROADS

Contractor: RCC Nigeria Ltd
Contract Sum: ₦51.61bn
Current Completion Level: 96.7%
2020 SUKUK Payment: ₦6.0bn
PROJECT COMPLETION
Kilometers Covered (2020): 5.0 kilometers

The Oju/Loko-Oweto Bridge connecting Benue and some parts of Kogi East to Nasarawa State

(6) RECONSTRUCTION OF BIDA-LAPAI-LAMBATA ROAD IN NIGER STATE

Contractor: CGC Nigeria Ltd
Contract Sum: ₦33.3bn
Current Completion Level: 13.06%
2020 SUKUK Payment: ₦5.0bn
CH25+000 – CH35+500, CH43+600 – CH55+000 up to A/C Wearing Course
Kilometers Covered (2020): 20.9 kilometers

(7) RECONSTRUCTION OF MAKURDI-NAKA-ADOKA-ANKPA ROAD IN BENUE STATE

Contractor: Gilmor Engineering
Contract Sum: ₦27bn
Current Completion Level: 0.53%
2020 SUKUK Payment: ₦3.0bn
CH70+500 – CH58 (12.5Km), CH70+650 – CH150 (12.5Km) up to A/C Binder Course
Kilometers Covered (2020): 25.0 Kilometers

(8) CONSTRUCTION OF ROAD LINKING BARO PORT TO GULU TOWN IN NIGER STATE

Contractor: GR Building Nigeria
Contract Sum: ₦10.61bn
Current Completion Level: 0.00%
2020 SUKUK Payment: ₦3.0bn
PROJECT COMMENCEMENT
Kilometers Covered (2020): 7.75 kilometers

NORTH-EAST: EIGHT ROADS

(1) KANO-MAIDUGURI ROAD: (SECTION II – SHUARI LINK TO AZARE)

Contractor: Setraco Nigeria Ltd
Contract Sum: ₦65.31bn
Current Completion Level: 86.62%
2020 SUKUK Payment: ₦11.0bn
Ongoing Construction
Kilometres Covered (2020): 53.93km

(2) KANO-MAIDUGURI ROAD: (SECTION III – AZARE LINK TO POTISKUM)

Contractor: Mothercat Ltd
Contract Sum: ₦45.18bn
Current Completion Level: 91.79%
2020 SUKUK Payment: ₦2.0bn
PROJECT COMPLETION
Kilometres Covered (2020): 0km – Toll Plazas/Weighbridges

(3) KANO-MAIDUGURI ROAD: (SECTION IV – POTISKUM LINK TO DAMATURU)

Contractor: CGC Nigeria Ltd
Contract Sum: N51.90bn
Current Completion Level: 80.51%
2020 SUKUK Payment: N4.0bn
Main Carriageway Works
Kilometers Covered (2020): 94.0km

(4) KANO-MAIDUGURI ROAD: (SECTION V – DAMATURU LINK TO MAIDUGURI)

Contractor: CCECC Nigeria Ltd
Contract Sum: ₦67.79bn
Current Completion Level: 50.94%
2020 SUKUK Payment: ₦4.0bn
Main Carriageway Works
Kilometres Covered (2020): 59.6km

(5) REHABILITATION OF GWOZA-DAMBOA-GONIRI-NGAMDU IN BORNO STATE

Contractor: Hajaig Construction Nigeria Ltd
Contract Sum: ₦34.60bn
Current Completion Level: 0.00%
2020 SUKUK Payment: ₦3.0bn
Site Clearing/Earthworks, Culverts, Pavement & Surfacing
Kilometers Covered (2020): 15.0km

(6) RECONSTRUCTION OF MAYO BELWA-JADA-GANYE-TOUGO ROAD IN ADAMAWA STATE

Contractor: Triacta Nigeria Ltd
Contract Sum: ₦22.69bn
Current Completion Level: 14.14%
2020 SUKUK Payment: ₦3.0bn
Asphalt Wearing & Reconstruction
Kilometres Covered (2020): 42.0km


(7) CONSTRUCTION OF IBI BRIDGE IN TARABA STATE

Contractor: RCC Nigeria Ltd
Contract Sum: ₦57.07bn
Current Completion Level: 0.00%
2020 SUKUK Payment: ₦2.0bn
Piles and Pile caps for Axis 2 & 3, 4 & 5 Ibi Side
Kilometres Covered (2020): Bridgeworks


(8) REHABILITATION OF NGURU-GASHUA-BAYAMARI
ROAD: SECTION II (GASHUA-BAYAMARI) IN YOBE STATE

Contractor: Ric Roc Construction Ltd
Contract Sum: ₦11.77bn
Current Completion Level: 0.14%
2020 SUKUK Payment: ₦1.5bn
Rehabilitation up to Asphalt Binder
Kilometres Covered (2020): 13.0km


NORTH-WEST: SEVEN ROADS

(1) KANO-MAIDUGURI ROAD: (SECTION I – KANO LINK TO WUDIL WITH LINK TO SHUARI)

Contractor: Dantata & Sawoe
Contract Sum: ₦55.1bn
Current Completion Level: 67.51%
2020 SUKUK Payment: ₦4.5bn
Interchange 1,2 & Carriageway
Kilometers Covered (2020): 58.0km


(2) DUALIZATION OF KANO-KATSINA ROAD: (PHASE 1 – KANO TOWN AT DAWANAU ROUNDABOUT TO
KATSINA STATE BORDER) IN KANO STATE

Contractor: CCECC Nigeria Ltd
Contract Sum: ₦14.0bn
Current Completion Level: 51.48%
2020 SUKUK Payment: ₦2.75bn
Ongoing Dualization
Kms Covered (2020): 57.0km


(3) CONSTRUCTION OF KADUNA EASTERN BY-PASS

Contractor: Eksiogulari Nigeria Ltd
Contract Sum: ₦38.19bn
Current Completion Level: 39.40%
2020 SUKUK Payment: ₦4.0bn
CH16+000 – CH37+000 (Road Works up to A/C Binder Course), Bridgeworks at Chikaji CH35
Kilometers Covered (2020): 21.0km


(4) CONSTRUCTION OF KANO WESTERN BY-PASS

Contractor: Dantata & Sawoe
Contract Sum: ₦22.77bn
Current Completion Level: 66.98%
2020 SUKUK Payment: ₦4.0bn
Asphalt Wearing; Bridgework (3 & 4); CH 0+425 – CH 9+030 Median Drain & Slope Protection (Bridge 2)
Kilometers Covered (2020): 12.47km


(5) DUALIZATION OF KANO-KATSINA ROAD: (PHASE II – KANO/KATSINA BORDER LINK TO KATSINA
STEEL ROLLING MILLS ROUNDABOUT)

Contractor: CCECC Nigeria Ltd
Contract Sum: ₦29.65bn
Current Completion Level: 0.00%
2020 SUKUK Payment: ₦3.75bn
Ongoing Dualization
Kilometers Covered (2020): 26.5km



(6) REHABILITATION OF SOKOTO-TAMBUWAL-JEGA-KONTAGORA-MAKERA ROAD: (SECTION I – SOKOTO / KEBBI STATES)

Contractor: Triacta Nigeria Ltd
Contract Sum: ₦30.45bn
Current Completion Level: 68.52%
2020 SUKUK Payment: ₦5.0bn
Carriageway Reconstruction
Kilometers Covered (2020): 40.0km


(7) REHABILITATION OF AJINGI-JAHUN-KAFIN HAUSA
ROAD IN JIGAWA STATE

Contractor: H & M Nigeria Ltd
Contract Sum: N25.03bn
Current Completion Level: 0.00%
2020 SUKUK Payment: N2.5bn
Carriageway Reconstruction
Kms Covered (2020): 12.5km

SOUTHERN SUKUK ROADS

SOUTH-EAST: FIVE ROADS

(1) ENUGU-PORT HARCOURT DUAL CARRIAGEWAY: (LOKPANTA-UMUAHIA)

Contractor: Setraco Nigeria
Contract Sum: ₦39.54bn
Current Completion Level: 64%
2020 SUKUK Payment: ₦5.0bn
Kilometers Covered (2020): 21.7km

(2) RECONSTRUCTION OF ENUGU-PORT HARCOURT DUAL CARRIAGEWAY: (SECTION II – UMUAHIA TO ABA)

Contractor: Arab Contractors Ltd
Contract Sum: ₦50.89bn
Current Completion Level: 36.21%
2020 SUKUK Payment: ₦5.5bn
Carriageway Construction
Kilometers Covered (2020): 25.75km

(3) RECONSTRUCTION OF ENUGU-PORT HARCOURT ROAD: (SECTION III – ENUGU TO LOKPANTA)

Contractor: CGC Nigeria Ltd
Contract Sum: ₦32.31bn
Current Completion Level: 28.77%
2020 SUKUK Payment: ₦5.0bn
Carriageway Construction
Kilometers Covered (2020): 27.0km

(4) RECONSTRUCTION OF ONITSHA-ENUGU EXPRESSWAY: (SECTION I – AMANSEA TO ENUGU
STATE BORDER)

Contractor: RCC Nigeria Ltd
Contract Sum: ₦62.06bn
Current Completion Level: 29.92%
2020 SUKUK Payment: ₦6.5bn
Carriageway Reconstruction
Kilometers Covered (2020): 12.0km

(5) RECONSTRUCTION OF OLD ENUGU-ONITSHA ROAD: (OPI JUNCTION-UKEHE OKPATU-ABOH UDI-OJI TO ANAMBRA BORDER)

Contractor: Arab Contractors
Contract Sum: ₦31.94bn
Current Completion Level: 4.75%
2020 SUKUK Payment: ₦4.0bn
Carriageway Reconstruction
Kilometers Covered (2020): 13.0km

SOUTH-WEST: SIX ROADS

(1) RECONSTRUCTION OF BENIN-OFOSU-ORE-AJEBANDELE-SHAGAMU EXPRESSWAY

Contractor: RCC Nigeria Ltd
Contract Sum: N65.22bn
Current Completion Level: 82.96%
2020 SUKUK Payment: N4.5bn
Carriageway Reconstruction
Kilometers Covered (2020): 15.0km

(2) PAVEMENT STRENGTHENING AND ASPHALT OVERLAY
OF AJEBANDELE-IJEBU ODE-SHAGAMU ROAD IN
OGUN STATE

Contractor: RCC Nigeria Ltd
Contract Sum: ₦71.64bn
Current Completion Level: 26.50%
2020 SUKUK Payment: ₦4.5bn
Asphalt Overlay & Pavement Reinforcement
Kilometers Covered (2020): 13.0km

(3) DUALIZATION OF IBADAN-ILORIN EXPRESSWAY: (SECTION II – OYO-OGBOMOSO ROAD IN OYO STATE)

Contractor: RCC Nigeria Ltd
Contract Sum: ₦47.50bn
Current Completion Level: 73.35%
2020 SUKUK Payment: ₦5.0bn
Ongoing Dualization; Piling; Pile Caps
Kilometers Covered (2020): 8.0km

(4) REHABILITATION AND EXPANSION OF LAGOS-BADAGRY EXPRESSWAY: (SECTION I – AGBARA JUNCTION TO BENIN BORDER)

Contractor: CGC Nigeria Ltd
Contract Sum: ₦63.02bn
Current Completion Level: 9.30%
2020 SUKUK Payment: ₦4.5bn
Ongoing Expansion works
Kilometers Covered (2020): 8.70km

(5) REHABILITATION OF THE OUTER MARINA ROAD IN
LAGOS STATE

Contractor: CCECC Nigeria Ltd
Contract Sum: ₦9.27bn
Current Completion Level: 0.00%
2020 SUKUK Payment: ₦4.0bn
Reconstruction works
Kilometers Covered (2020): 4.54km

(6) DUALIZATION OF LAGOS-OTTA ROAD

Contractor: Julius Berger
Contract Sum: ₦56.70bn
Current Completion Level: 15.38%
2020 SUKUK Payment: ₦4.557bn
Carriageway Reconstruction
Kilometers Covered (2020): 10.50km

SOUTH-SOUTH: TEN ROADS

(1) DUALIZATION OF OBAJANA JUNCTION TO BENIN: (SECTION II – OKENE TO AUCHI)

Contractor: Mothercat Ltd
Contract Sum: ₦21.29bn
Current Completion Level: 48.85%
2020 SUKUK Payment: ₦4.0bn
Carriageway & Bridgeworks
Kilometres Covered (2020): 56.87km

(2) DUALIZATION OF OBAJANA JUNCTION TO BENIN: (SECTION III – AUCHI TO EHOR)

Contractor: Dantata & Sawoe
Contract Sum: ₦34.86bn
Current Completion Level: 13.41%
2020 SUKUK Payment: ₦4.0bn
Dualization, Bridgeworks & Drainage works
Kilometers Covered (2020): 23.0km

(3) DUALIZATION OF OBAJANA JUNCTION TO BENIN: (SECTION IV – EHOR TO BENIN)

Contractor: RCC Nigeria Ltd
Contract Sum: ₦35.25bn
Current Completion Level: 39.68%
2020 SUKUK Payment: ₦3.5bn
Dualization & Drainage works
Kilometers Covered (2020): 9.0km

(4) RECONSTRUCTION OF ENUGU-PORT HARCOURT ROAD: (SECTION IV – ABA-PORT HARCOURT EXPRESSWAY)

Contractor: CCECC Nigeria Ltd
Contract Sum: ₦40.35bn
Current Completion Level: 23.74%
2020 SUKUK Payment: ₦3.0bn
Expansion from four to eight lanes
Kilometers Covered (2020): 3.48km

(5) DUALIZATION OF YENEGWE-KOLO-OTUOKE-BAYELSA PALM ROAD

Contractor: CCECC Nigeria Ltd
Contract Sum: ₦26.49bn
Current Completion Level: 20.50%
2020 SUKUK Payment: ₦2.0bn
Ongoing Dualization
Kilometers Covered (2020): 3.50km

(6) CONSTRUCTION OF IKOM BRIDGE IN CROSS RIVER STATE

Contractor: Setraco Nigeria Ltd
Contract Sum: ₦8.91bn
Current Completion Level: 45.02%
2020 SUKUK Payment: ₦2.0bn
Bridgeworks
Kilometers Covered (2020): 1.20km

(7) RECONSTRUCTION OF ODUKPANI-ITU-IKOT EKPENE ROAD IN CROSS RIVER STATE: (SECTION I – ODUKPANI-ITU BRIDGE)

Contractor: Julius Berger
Contract Sum: ₦54.17bn
Current Completion Level: 1.82%
2020 SUKUK Payment: ₦3.0bn
Dual Carriageway works
Kms Covered (2020): 4.0km

(8) DUALIZATION OF SAPELE-EWU ROAD: (SECTION I – SAPELE-AGBOR IN DELTA STATE)

Contractor: CGC Nigeria Ltd
Contract Sum: N64.87bn
Current Completion Level: 8.80%
2020 SUKUK Payment: N1.5bn
Dual Carriageway works
Kms Covered (2020): 3.0km

(9) DUALIZATION OF SAPELE-EWU ROAD: (SECTION II – AGBOR-EWU IN DELTA STATE)

Contractor: Setraco Nigeria Ltd
Contract Sum: N47.94bn
Current Completion Level: 13.98%
2020 SUKUK Payment: N1.5bn
Dual Carriageway works
Kms Covered (2020): 7.73km

(10) RECONSTRUCTION OF ALESI-UGEP ROAD: (IYAMOYUNG-UGEP) SECTION IN CROSS RIVER STATE

Contractor: Sermatech Nigeria Ltd
Contract Sum: N11.22bn
Current Completion Level: 91.0%
2020 SUKUK Payment: N1.5bn
Carriageway works
Kms Covered (2020): 10.0km

°°°

Mr Ngelale concluded by charging all citizens of Nigeria to hold the contractors to account in the various projects close to them, to ensure timely delivery of the projects. “This Concludes The Breakdown Of The 44 SUKUK Funded Roads Earmarked For Construction With N162.5bn In Cash Released For 2020. With This, CSOs And Other Interest Groups Are Best Placed To Hold Contractors Across The Nation Accountable For Funds Paid To Them. God Bless Nigeria.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s