The Julius Berger- Nigeria Sovereign Investment Authority (NSIA) Motorways Investment Company (JB-NMIC) consortium, the preferred bidder for the development of the second River Niger bridge project, re-affirmed at the weekend that the project is still on course.
The consortium’s clarification on Sunday comes contrary to recent reports that work on the bridge has been suspended due to non-compliance to environmental laws.
“Contrary to recent reports, work on the second River Niger bridge project continues to progress according to schedule, to ensure timely completion of the bridge, which is set to be executed under the public private partnership (PPP) arrangement for a concessional period of 25 years through the design, build, finance, operate and transfer (DBFOT) model”, the consortium said in a statement jointly signed by Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA) and Wolfgang Goetsch, MD, Julius Berger.
