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Last Update January
2005
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Bank & Insurance
| PROJECT
NAME |
NOTES |
| AFRIBANK
NIG. PLC. Privatisation |
BIAO
Shares. Post privatisation Federal Go85vernment ownership: Nil. |
| ASSURANCE
BANK PLC. Privatisation |
Post
privatisation Federal Government ownership: Nil. |
| FEDERAL
MORTGAGE BANK OF NIGERIA Full
Commercialisation |
|
| FEDERAL
MORTGAGE FINANCE CO. LTD. Full Commercialisation |
|
| FSB
INTERNATIONAL BANK PLC. Privatisation |
Concerns
shares owned by parastatals (NNPC, NMA, etc.). Post privatisation
Federal Government ownership: Nil. |
| INTERNATIONAL
MERCHANT BANK PLC. Privatisation |
Concerns
shares owned by parastatals. Post privatisation Federal Government
ownership: Nil. |
| NAL
MERCHANT BANK PLC. Privatisation |
Concerns
shares owned by parastatals. Post privatisation Federal Government
ownership: Nil. |
| NICON
INSURANCE CO. PLC. Privatisation |
Enabling
Decree LFN Cap 263. Maximum Strategic Investor Participation as a %
after privatisation: 40%. Maximum Federal Government Parastatal as a %
after privatisation: 40%. Nigeria Individuals Participation as % after
privatisation: 20% |
| NIGERIAN
BANK FOR COMMERCE & INDUSTRY LTD. Full Commercialisation |
Formerly
Arab Bank. Enabling Decree LFN Cap 296 |
| NIGERIAN
INDUSTRIAL DEVELOPMENT BANK LTD. Full Commercialisation |
|
| NIGERIAN
REINSURANCE PLC. Privatisation |
Enabling
Decree LFN Cap 325. Maximum Strategic Investor Participation as a %
after privatisation: 40%. Maximum Federal Government Parastatal as a %
after privatisation: 40%. Nigeria Individuals Participation as % after
privatisation: 20% |
| NIGERIAN
SOCIAL INSURANCE TRUST FUND Full Commercialisation |
See
Enabling Decree 60 of 1993. |
Construction,
Roads & Housing
| PROJECT
NAME / SCOPE OF WORK |
AMOUNT
M US $ |
DATES
TENDER /
AWARD / EXECUTION / DELIVERY |
CLIENT |
NOTES |
| Abuja
ultra-modern market covering 37 hectares. |
108 |
2004
? |
ABUJA
FCT |
Talking
with Exim Bank, USA. Proposed by Bukham Nig. Ltd. |
| Abuja
Model City Housing Estate |
|
Started
Sales Jan 2003 |
ADKAN
SERVICES NIG. LTD. |
|
| 12
Hospitals, Akwa Ibom State |
20 |
Construction
2001-2002 |
AKWA
IBOM STATE GOVERNMENT |
Contractors:
Chaste Project (2), Jagal (1) |
| Oba
International Market, Onitsha 13,000 Shops to decongest Onitsha Market.
Built under BOT agreement |
6.9 |
On site Jan 2003
Completion
early 2004 |
ANAMBRA
STATE GOVERNMENT |
Contractors:
Bukham Nig. Ltd., Dori Constr. &
Engrg. Nig.
Ltd. |
| Roads
Repairs Zwall-Boto Road & Bridges at Lere in Tafawa Balewa Local
Council Area |
11.7 |
Refund
Jan 2003 |
BAUCHI
STATE GOVERNMENT |
FG
refunds for road repairs. |
| Roads
Repairs |
8.3 |
Refund
Jan 2003 |
ENUGU
STATE GOVERNMENT |
FG
refunds for road repairs. |
| Bar
Beach Sand Replenishment, Lagos Sand refilling. |
17 |
Awarded Dec 2002
Completed
April 2003 |
FEDERAL
GOVERNMENT OF NIGERIA |
|
| FEDERAL
HOUSING AUTHORITY Full
Commercialisation |
|
|
FEDERAL
HOUSING AUTHORITY |
Enabling
Decree 40 of 1973. |
| Reclamation
of Festac Phase II, Lagos 1,000 Hectares |
|
Tender
Feb 2003 |
FEDERAL
HOUSING AUTHORITY |
|
| Nigeria
Immigration Service Headquarters, Abuja |
3.4 |
Phase
I completed Jan 2003 |
FEDERAL
MINISTRY OF INTERNAL AFFAIRS |
Contractor:
Eagle Construction Ltd. |
| Market,
Gombe |
21 |
On
going work Feb 2003 |
GOMBE
STATE GOVERNMENT |
Contractor:
Bukham Nig. Ltd. |
| Housing
Estate, Jigawa State 744 units |
1.8 |
Completed
Jan 2003 |
JIGAWA
STATE GOVERNMENT |
Funded
from a loan of Fed. Mortgage Bank of Nig (FMBN). |
| Abraham
Adesanya Low Cost Housing Estate Phase I, Ajah 1,300 units. |
|
Commissionned
Dec 2002 |
LAGOS
STATE GOVERNMENT |
|
| Oko-Oba
IV Housing Estate, Ifako Ijaiye Local Council 180 units: 2 bedrooms
flats in 20 blocks of 9 flats. |
|
Commissionned
Jan 2003 |
LAGOS
STATE GOVERNMENT |
Each
Unit is on offer for =N= 2.5 M. |
| Oba
Ayangburen Housing Estate, Ikorodu 1,000 units. |
|
Commissionned
Jan 2003 |
LAGOS
STATE GOVERNMENT |
|
| New
Ogba Ijaye Shopping Arcade |
|
Start
Sales Jan 2003 |
LAGOS
STATE GOVERNMENT |
LSDPC. |
| Roads
Repairs |
11 |
Refund
Jan 2003 |
LAGOS
STATE GOVERNMENT |
FG
refunds for road repairs |
| Roads
Repairs Suleja Townships roads |
1.8 |
Refund
Jan 2003 |
NIGER
STATE GOVERNMENT |
FG
refunds for road repairs. |
| State
University of Science & Technology Construction |
1.4 |
Decision
Jan 2003 |
PLATEAU
STATE GOVERNMENT |
|
| Market,
Jos |
42 |
On
going work Feb 2003 |
PLATEAU
STATE GOVERNMENT |
Contractor:
Bukham Nig. Ltd. |
| From
Lagos-Ibadan Expressway through Mowe town to Ofada, Owode, Papalanto
& toward Abeokuta or the Sagamu interchange along the Ibadan
Expressway. |
4.2 |
Decision
Jan 2003 |
OGUN
STATE GOVERNMENT |
|
| Government
Secretariat Construction |
14 |
Commissionned
Jan 2003 |
OSUN
STATE GOVERNMENT |
|
| Roads
Repairs Sani Abacha Way, Gusau |
1 |
Refund
Jan 2003 |
ZAMFARA
STATE GOVERNMENT |
FG
refunds for road repairs. |
Defence
| PROJECT
NAME |
SCOPE
OF WORK |
AMOUNT
M US $ |
DATES
TENDER / AWARD / EXECUTION / DELIVERY |
| TAFAWA
BALEWA SQUARE MANAGEMENT COMMITTEE Full Commercialisation |
|
|
|
| NIGERIA
AIR FORCE Abuja Housing Estate |
Housing
for 40 officers & their House helps. |
0.8 |
Commissionned
Jan 2003 |
Distribution
& Supermarkets
| PROJECT
NAME |
SCOPE
OF WORK |
DATES
TENDER / AWARD / EXECUTION / DELIVERY |
MAIN
CONTRACTOR |
| Grand
Square Supermarket Abuja |
Large
Scale Supermarket. |
Construction
2002 - Start up 2003 |
|
| Lekki
Shopping Mall, Lekki Phase I, Lagos |
Supermarket. |
Construction
2003 |
South-african
company. |
Electricity
| PROJECT
NAME |
SCOPE
OF WORK |
DATES
TENDER / AWARD / EXECUTION / DELIVERY |
NOTES |
| Power
Holding Company of Nigeria (PHCN) formerly NATIONAL ELECTRIC POWER
AUTHORITY (NEPA) Privatisation |
Unbundling of NEPA into 18 business units (11
distribution companies (Discos), 1 transmission company (Transco) and 6
generation companies (Genscos). |
delayed |
Feb
05: Privatisation of NEPA companies will kick off Q1 2005. The bill will
empower the National Council on Privatisation (NCP) and the Bureau of
Private Enterprises (BPE) to auction NEPA's six generation companies (Gentos),
11 distribution companies (Discos) and the linking transmission company
(Fransysco) to the public. The privatisation of NEPA is to begin with
the six power generation companies before the end of March, 2005. There
are however serious concerns over the marketability of the NEPA gencos
given their abysmal performance ratio against installed capacity. Some
of the hydro propelled generation plants have been totally out of
operation due to low water levels while some thermal stations suffer
constant gas outage due to pipeline vandalisation in the Niger Delta and
elsewhere. Approved
by the NCP. Enabling
Decree LFN Cap 256. Maximum Strategic Investor Participation as a %
after privatisation: 40%. Maximum Federal Government Parastatal as a %
after privatisation: 40%. Nigeria Individuals Participation as % after
privatisation: 20%. Under
the new law, rich individuals and organizations will have to pay higher
electricity bills, as government's subsidy on tariffs will now be
targeted only on those incapable of paying their bills. Presently NEPA
is said to be losing N 4.6 per kW of power sold as consumers are charged
N 3.59 as against N 8.19, which is the cost. |
| PHCN
Construction of 13 new 132 kV and 330 kV lines and sub stations |
|
On
going works 2002 |
|
| PHCN
ESKOM Communication links |
Low cost communication links using NEPA's fibre optics
network. |
|
NEPA's joint venture with Eskom, a South African power
company. |
| PHCN Egbin
Thermal Plant |
Installed
capacity of 1,320 MW |
|
|
| PHCN Delta
Thermal Plant Rehabilitation |
Installed
capacity of 600 MW |
|
|
| PHCN Jebba
Hydro power plant |
|
|
|
| PHCN Kainji
hydro power plant |
|
|
|
| PHCN
Shiroro hydro power plant |
|
|
|
| AFAM
IPP Thermal Walkdown (inspection & preparation of detailed workscope)
ROT (Rehabilitate Operate & Transfert) |
Total
Capacity 936 MW Afam I-IV – 700 MW (Shell Rehabilitate and operate to
660 MW ). Afam V - 276 MW = 2 X 138 MW (Shell will lease & operate) |
Refurbishment
signed 2003
Commissioned 2002
Awarded
2001 |
Low cost due to the turbines
initially manufactured for St Petersbourg, Russia.
Mobilisation
delayed due to union pressures. Siemens, Eskom, Shell SPDC. Amount M US $: 770. |
| IPP
ABA INDEPENDANT POWER PLANT |
105MW |
Start
operations 2006 |
IFC
to participate to the funding. Nigerian Breweries (Heineken) to buy 3MW
per year. Geometric Power. Amount M US $: 100. |
| Sapele
Power Plant Rehabilitation |
1000
MW (300 MMscf/d) |
|
AES |
| Geregou
Power Plant |
830
MW (200 MMscf/d) |
|
|
| Papalanto
Power Plant |
660
MW (160 MMscf/d) |
|
|
| Okitipupa
Power Plant |
660
MW (160 MMscf/d) |
|
|
| Ibom
Power Plant |
600
MW (150 MMscf/d) |
|
|
| WEST
AFRICAN POWER POOL PROJECT |
Transmission network to
interconnect the entire West African sub-region |
Speaking
Feb 2003 |
|
Hotels
& Restaurants
| PROJECT
NAME |
SCOPE
OF WORK |
DATES
TENDER / AWARD / EXECUTION / DELIVERY |
NOTES |
| ACCOR
GROUP Novotel Hotel, Port
Harcourt |
120
rooms hotel |
Start
Up august 2003 |
|
| ACCOR
GROUP Novotel Hotel, Festac
Town, Lagos |
450
rooms hotel |
|
|
| ACCOR
GROUP Beach Resort, Epe,
Lagos |
Five
Stars beach resort. |
|
|
| FESTAC
77 PLC. Hotel Privatisation |
|
|
Federal Government Ownership:
100%
. Post
privatisation Federal Government Ownership: Nil |
| Eko
Hotel & Suites, Victoria Island, Lagos |
Short
Term lease apartments. 8 storey building. Extension from Eko Hotel. |
Construction
2003 |
Contractors:
Riba Architects, Arup
Structural Consultants |
| MARRIOT
HOTELS Hotel Victoria Island, Lagos |
Hotel |
|
Land
said to have been acquired around Bar Beach. |
| NIGERIA
HOTELS LTD. Privatisation
Including Verification of Debts |
|
Feb
2003 |
Federal Government Ownership:
47%
. Post
privatisation Federal Government Ownership: Nil |
| PROTEA
HOTELS Bar Beach Waterfront
Victoria Island, Lagos |
Rehabilitation
of Bar beach waterfront inclunding hotel, shopping mall, etc. |
Suspended
2003 |
|
| TANTALIZERS
Opening of Abuja Fast food Restaurant |
|
Opening
Jan 2003 |
Network
of 12 restaurants nationwide. |
| UACN
PLC. Mr Bigg’s Restaurants Network |
|
|
86
restaurants |
| UACN
PLC. Mr Bigg’s Restaurant Opening Adabraka, Ghana |
|
Opening
Jan 2003 |
Amount
M US $: 0.6. |
Media
| PROJECT
NAME / SCOPE OF WORK |
NOTES |
| CONCORD
PRESS OF NIGERIA Rehabilitation
Including
a new press |
Funding
required. Heidelberg to be consulted. |
| DAILY
TIMES OF NIGERIA PLC. & SUBSIDIARIES
Privatisation |
Initially
NICON Acquisition. Maximum Strategic Investor Participation as a % after
privatisation: 40%. Maximum Federal Government Parastatal as a % after
privatisation: 40%. Nigeria Individuals Participation as % after
privatisation: 20% |
| FEDERAL
RADIO CORP. OF NIG. Partial Commercialisation |
Enabling
Decree 8 of 1978. |
| NEW
NIGERIAN NEWSPAPERS LTD. Privatisation |
Maximum
Strategic Investor Participation as a % after privatisation: 40%.
Maximum Federal Government Parastatal as a % after privatisation: 40%.
Nigeria Individuals Participation as % after privatisation: 20% |
| NEWS
AGENCY OF NIGERIA (NAN) Partial Commercialisation |
Enabling
Decree 19 of 1976. |
| NIGERIAN
FILM CORP. Partial
Commercialisation |
|
| NIGERIAN
TELEVISION AUTHORITY (NTA) Partial Commercialisation |
Enabling
Decree 24 of 1977. |
National
Parks
| PROJECT
NAME / SCOPE OF WORK |
NOTES |
| CHAD
BASIN NATIONAL PARK Partial Commercialisation |
See
National Parks Board Decree 36 of 1991. |
| GASHAKA
GUMI NATIONAL PARK Partial Commercialisation |
See
National Parks Board Decree 36 of 1991. |
| KAINJI
LAKE NATIONAL PARK Partial Commercialisation |
See
National Parks Board Decree 36 of 1991. |
| OLD
OYO NATIONAL PARK Partial Commercialisation |
See
National Parks Board Decree 36 of 1991. |
| YANKARI
NATIONAL PARK Partial Commercialisation |
See
National Parks Board Decree 36 of 1991. |
Niger
Delta Development Commission (NDCC)
|
