FEC approves N2.445b for automotive laboratories

By our Correspondent in Abuja

AutoThe Federal Government, at its Executive Council (FEC) meeting, on Wednesday approved N2.445 billion contracts for the supply of automobile testing equipment.

Mr Olusegun Aganga, the Minister of Industry, Trade and Investment told State House correspondent after the meeting in Abuja that the equipment would be installed in three laboratories located in Lagos, Zaria and Enugu.

He stated that the contract also include the cost of training the personnel that would man the laboratories.

According to the minister, the contract is part of the N3billion revenue generated by the National Automotive Council (NAC) in 2014.

He said that the contracts were divided into five lots.

“The supply, installation and training on Auto-Testing Laboratory Equipment for emission laboratory, is to be located in Lagos and will cost €4.801million.

“The contract for the supply, installation and training on Auto-Testing Laboratory Equipment for auto component laboratory in Enugu, was awarded at a cost of €4.626 million while the supply at the Zaria is at the cost €1.202 million.

“Lot five of the project include the supply, installation and training on Auto Testing Laboratory Equipment for vehicle evaluation laboratory, Zaria, in the sum of €898, 791.

“Other approval granted by the Federal Executive Council yesterday was for the provision of temporary office accommodation in Abuja for the Investments and Securities Tribunal (IST),’’ the minister said.

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