N10bn spent on 2nd Niger Bridge so far – Jonathan

By Post Nigeria January 19, 2015 11:05

N10bn spent on 2nd Niger Bridge so far – Jonathan

President Goodluck Jonathan has announced that the Federal Government has so far spent N10 billion on the construction of the 2nd Niger Bridge out of the N130 billion budgeted for the project.

President Jonathan disclosed this when he visited the project site in Asaba, Delta State on his way to the PDP campaign rally in Onitsha, Anambra state.

According to the President, the large-scale project is being carried out under a Public Private Partnership ,PPP, arrangement and will run uninterrupted within the 48-month target set for its completion.

“So far, out of the N130 billion total cost of the project, we have spent about N10 billion,

“It is a big project and now that it has taking off, it will go on smoothly through the 48 months completion time,

“The project is a PPP arrangement, I am quite impressed with what I have seen”, he said.

The President added that most of the necessary requirements for the construction are on ground and the piling work has started.

The Minister of Works, Mr Mike Onolomemen, revealed that since the kickoff of the project in March 2014 a lot had been done and that Julius Berger Nigeria, the construction firm, was engaged due to their experience in the field, adding that almost all the procurement for the construction of the bridge were essential.

According to him, construction is in progress with the piles being driven into the ground and dredging going on along the River Niger.

“For us, it is a thing of joy and certainly before the next raining season, a lot of piles would have been driven in. No doubt, development of infrastructure takes a long time.”

The Managing Director, Julius Berger, Mr. Detler Lubasch, assured that the project work would be sustained. He added that the project would be of enormous social and economic benefit and significance to the country.

The President was accompanied to the project site by former Gov. of Anambra, Peter Obi, alongside other dignitaries.