Nigeria Content Online

The sum of N89.3
billion was yesterday approved by the Federal Executive Council for the
immediate procurement and delivery of fertilizers to be sold to farmers
at subsidized rates.

The contract, which was previously awarded to only four companies, has now been awarded to 30 companies.

This decision was reached at yesterday’s 28th session of the FEC meeting which was presided over by Goodluck Jonathan.

While addressing
journalists after the weekly meeting, the minister of state for
information and communications, Labaran Maku said the minister of
Agriculture, Ahmed Abdullah presented a memo to the council seeking
ratification for the award of contract to 30 companies for the supply
of 900,000 metric tons of various types of fertilizers, for
distribution to the 36 states of the federation and the FCT.

He said the council
considered the plight of the people and decided to subsidize the
product by 25 per cent, amounting to N22.227 billion. He said this year
there is greater participation in the supply process of the product.

Mr Maku said the
council also agreed that new roads be constructed, and others
rehabilitated across all the zones of the country at a cost of N65.3b
in order to reduce the problems of road transportation in the country.

The federal
government, on Wednesday, also announced plans to enact a law that will
compel it, state and local governments to roll out long term
development plans to enable Nigeria achieve its Vision 2020 targets, at
a cost of N32 trillion.

The Vision 2020 is
intended to make Nigeria one of the top 20 economies of the world by
2020 and the first phase of the implementation plan is from 2010 to
2013.

The minister said the second phase is slated to start from 2014 – 2017 and the third phase, 2018 – 2020.

“In developing the Plan, close attention was paid to ‘what went wrong’ and ‘what do we need to do differently’”.

Upgrade of airport

Also, as part of the efforts to improve power situation at the Murtala Mohammed International Airport (MMIA),

the council approved the augmentation of contract for the complete power upgrade at the sum of N7.7billion.

The contract
involves the complete replacement of the entire power infrastructure at
the 32 year old international airport, which includes the cables and
the generating sets.

Mr Maku said the
process commenced in 2009 at the cost of N5 billlion with N1 billion
appropriated for the project in the 2009 appropriation bill.

On how the airport
will be run while the overhaul is going on, the minister of aviation
Fidelia Njeze said “the power upgrade, especially the cabling will be
done in stages. I assure you it would not disrupt power supply in the
airport”.

Another approval
granted was that of the contract for the design, supply and
implementation of the Unique Taxpayer Identification Number (UTIN)
infrastructure and systems.

The contract is in the sum of $22.60million with a N40.60 million value added tax added.

The identification
number is to provide central database of all taxpayers and facilitate
tax administration by tax authorities. State governments have agreed to
contribute to the funding of the project.

It is an initiated
of the Joint Tax Board (JTB) which hopes to register all taxpayers and
issue personal identification numbers that will uniquely identify the
taxpayer.