The Federal Executive Council (FEC) has approved contracts worth N12.14billion for maritime security and mass transportation in the country, including a contract worth N3.238 billion for six security boats.

The Number 17 Manta MK ASD boats that will be purchased at N1.57billion

The contracts were approved at the FEC meeting on Wednesday, which was presided over by President Goodluck Jonathan, before he proceeded to Belgium.

The Minister of Information, Mr Labaran Maku who briefed state house correspondents , said N1.48billion ($9.43m) was for the purchase of two Number 17 Manta MK ASD and one 32M Manta MK ASD in the sum of N1.57billion ($10.451m).

Also for the purpose of boosting maritime security, the sum of N233.625million was approved for the procurement of three fast moving security boats.

A similar approval was earlier made by the cabinet in May, when FEC approved the procurement of two high speed patrol boats at the cost of N3.72 billion to strengthen the Marine operations of the Nigerian Customs Service.

Another N1.737 billion was approved for the Nigerian Customs Service to procure an aircraft to fight smuggling.

Other contracts approved at the end of today’s meeting include, another N321.510million for the procurement of four fast moving 40-45 passenger water buses to ease movement of people around the country.

Also approved was the sum of N236.666million for the procurement of 12/10 cutter suctions dredger with ancillary equipment.

The breakdown of other contract approved by the council shows that N8.325billion was for land reclamation in Abam-Nnuju-Igbiri-Oba-Ojimba-Okujagu-Ama water front and resident supervision consultancy services work.

The work is expected to be completed within 24months.

As part of the efforts to improve service delivery, under service compact with all Nigerians (Servicom), Ministers and Head of Agencies have been asked to chair Servicom committees in their various ministries and agencies.

Mr Maku noted that the committee shall meet every month to review progress and challenges. In view of this, ministries have been directed to include ministerial Servicom unit in each MDA and also to be included in budgetary provisions.
http://www.channelstv.com/home/2012/06/27/fec-approves-n3-2-billion-to-purchase-six-security-boats/

Mr OP, this is a money making forum, not a forum for current affairs!!!!