The management of Bi-courtney Nigeria Limited has asked the Minister for Power, Works and Housing, Mr. Babatunde Fashola, to return its concession to the Lagos-Ibadan Expressway, which was revoked by the previous administration.

A statement on Monday by the company said it felt vindicated by Fashola’s comment on a national television station on Monday that government’s failure to honour contracts impacted negatively on infrastructural development.

The company after commending Fashola for the sincerity, urged him to take the next right step by returning its rights.

The statement read, “Mr. Fashola was responding to questions on whether the government is still open to concessions and public private partnership as a way of bridging the gap between the infrastructure deficit in the country and government funding, which is inadequate and also if he will be revisiting the power privatisation programme. The minister also said the way successive governments jettisoned contracts had done a great disservice to Nigeria.

“Bi-courtney, which is a pioneer infrastructure company in Nigeria was awarded a build, operate and transfer contract to build the Lagos-Ibadan Expressway, but the contract was cancelled by the President Goodluck Jonathan-led administration.

“The company has insisted that the cancellation is illegal and that the Federal Government and the Minister of Works, Power and Housing, need to respect the law and allow Bi-courtney complete its contract.

“The spokesman for Bi-courtney, Mr Akeem Alaaya, says he hopes the minister will take the next logical step and hand back the Lagos-Ibadan Expressway to Bi-courtney, whose concession was illegally revoked. The money the government is now expending on the road, he added, can be used on projects that can attract private sector funds.”

The legal advisor to Bi-courtney, Mr. Tola Oshobi, according to the statement, said the infrastructural development of Nigeria had been slowed down tremendously by government’s inability to understand that it was only through public private partnerships that the country would get the rapid development it deserved.

http://punchng.com/lagosibadan-road-bi-courtney-hails-fashola-wants-concession-returned/

If returned as requested, would you guys be able to maintain it duly?

Fashola has been overwhelmed as the Minister of Works, Power and Housing.

Yet to see his impact.
Them wan rubbish my best governor name

..........You Thanked him for his sincerity that his Govt has failed...........

Nice

Only Liepods and perpetually bitter people don't appreciate Fashola. Bi-Courtney sef no too try.

Their hero failed to complete major projects he inherited, including those that would have benefited his immediate constituencies such as East West road, and Bayelsa infrastructures.

He couldn't even do anything meaningful with the 2nd Niger Bridge despite using it to deceive the gullible Liepods and Biafrats, yet they're ready to die for him.

What a confused set of people!

Babalakin shld go n rest n allow fashola concentrate. Weldone oga Fash. Power sector de thr too oo but u can dash buhari d housing ministry. Am sure his integrity alone will develop d sector

Ok

BRF should focus more on works and housing.

If road should be built on PPP, how would the private enterprises get their money back? Would the road be tolled

If so, roads should be built strictly by governments.

Commend Fashola ko
Very ineffective minister. What am I even saying They are all ineffective

Fashola my man any time any day

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God bless PMB and baba Fash!!!!!

Why did Jonathan revoke the concession in the first place? The most important road in Nigeria? Jonathan sef!

Yusluv77:
God bless PMB and baba Fash!!!!!

and God bless Nigeria

demolinka:
Why did Jonathan revoke the concession in the first place? The most important road in Nigeria? Jonathan sef!

he is a clueless buffoon

They will say yes......

okonja:
If returned as requested, would you guys be able to maintain it duly?

Light at the end of the tunnel seems to be in view.

herbeedar:
They will say yes......

Lol...as usual...

space booked

.

XXLDICK:
If road should be built on PPP, how would the private enterprises get their money back? Would the road be tolled

If so, roads should be built strictly by governments.

Commend Fashola ko
Very ineffective minister. What am I even saying They are all ineffective

Edit your post you are contradicting yourself

Fashola is working

XXLDICK:
If road should be built on PPP, how would the private enterprises get their money back? Would the road be tolled

If so, roads should be built strictly by governments.

Commend Fashola ko
Very ineffective minister. What am I even saying They are all ineffective

What are you even saying? Can't get your point at all

Public private partnership is still the best solution to infrastructural deficit anywhere in the world
Construct the road,install toll gate,collect your money then remove your toll gate after few years
That is how its done in the developed countries,i actually dont know what is wrong with Nigerians

Thief

Oo

Baba Fash is working

XXLDICK:
If road should be built on PPP, how would the private enterprises get their money back? Would the road be tolled

If so, roads should be built strictly by governments.

Commend Fashola ko
Very ineffective minister. What am I even saying They are all ineffective

Choose you this day on which side you are.

We all remember how Bi-Courtney did nothing on that road for years; just giving one excuse after another. These guys are jokers.