FEC Approves N2.445 Billion for Auto Laboratories – The Federal Executive Council FEC wednesday okayed a N2.445billion (€11.574million) agreement for the procurement as well as supply of auto-testing products to be set up in 3 laboratories situated in Enugu, Zaria as well as Lagos. Minister of Industry, Trade and investment Olusegun Aganga who tackled state House Correspondents following the meeting the yesterday mentioned the contract include the price of training the staff that would handle the laboratories.
According to the minister, the laboratories are meant to ensure vehicle safety and environmental protection as well as ensuring the quality of automotive products that are produced in the country. Explaining further, the minister said the contract is part of the N3billion revenue generated by the National Automative Council (NAC) in 2014.
The minister said that the contracts have been divided into five lots adding that the supply, installation and training on Auto-Testing Laboratory Equipment for emission laboratory in to be located in Lagos and would cost €4.801million. The contract for the supply, installation and training on Auto-Testing Laboratory Equipment for Auto component laboratory in Enugu, was awarded at a cost of €4.626 million while the supply at the Zaria is at the cost €1.202million.
Lot five of the project include the supply, installation and training on Auto Testing Laboratory Equipment for vehicle evaluation laboratory, Zaria, in favour of Messers Mustang Advanced Engineering USA/Afram Nigeria limited in the sum of €898, 791. Other approval granted by the Federal Executive Council yesterday was for the provision of temporary office accommodation in Abuja for the Investments and Securities Tribunal (IST).
The minister of Finance, Dr Ngozi Okonjo-Iweala explained that the tribunal had been contending with inadequate accommodation space for a while and need to be better accommodated in view of the sensitive role it plays in the capital market. Council also yesterday considered and approved a National Policy framework on Nigeria Polychlorinated Biphenyls Management. According to the minister of Environment Laraba, the objective of the policy is to strengthen government’s capacity to manage, monitor and control the Persistent Organic Pollutants (POPs).
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