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NNPC HARVESTS BIDS FROM 96 REPUTABLE FIRMS

No fewer than ninety six (96) prominent and reputable companies from various jurisdictions have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure , ranging from critical pipelines , to depots and terminals through the Build, Operate and Transfer (BOT) financing model.
This was disclosed at a virtual public bid opening held at the NNPC Towers, Abuja for the pre-qualification of companies for the contract.

A statement by the Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, stated that the public opening of the bids for the contract was in keeping with the NNPC Management’s commitment to transparency and accountability in all its processes and transactions.
Managing Director of the Nigerian Pipelines and Storage Company (NPSC), Mrs. Ada Oyetunde, said the exercise was in conformity with the mandate of the Federal Government to prioritise the rehabilitation of critical downstream infrastructure across the country.
She listed the facilities that would be rehabilitated by successful bidders to include critical pipelines for crude oil supply to the refineries and evacuation of refined products, depots, and terminals, stressing that the objective is to get them ready to support the refineries when they become operational after their rehabilitation.
“An open tender for pre-qualification of interested companies was published in August 2020 in the national dailies, for the rehabilitation of NNPC downstream critical pipelines and associated depots and terminal infrastructure through Finance BUILD OPERATE AND TRANSFER BOT to cover the 4 lots
namely: Port Harcourt Refinery related infrastructure, Warri Refinery related infrastructure, Kaduna Refinery related infrastructure and System 2B related infrastructure.
Group General Manager, Supply Chain Management, Mrs. Aisha Katagum, commended the Infrastructure Concession Regulatory Commission (ICRC), and the Bureau of Public Procurement (BPP) for providing guidance for the project and assured the bidding firms of a fair, equitable and transparent selection process.

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