Part Two Of N162.5bn SUKUK Expenditure Breakdown:

#Thread

SOUTH-EAST BREAKDOWN: FIVE ROADS

(1) ENUGU-PH DUAL CARRIAGEWAY: (LOKPANTA-UMUAHIA)

Contractor: Setraco Nigeria
Contract Sum: N39.54bn
Current Completion Level: 64%
2020 SUKUK Payment: N5.0bn
Kms Covered (2020): 21.7km

(2) RECONSTRUCTION OF ENUGU-PORT HARCOURT DUAL CARRIAGEWAY: (SECTION II – UMUAHIA TO ABA)

Contractor: Arab Contractors Ltd
Contract Sum: N50.89bn
Current Completion Level: 36.21%
2020 SUKUK Payment: N5.5bn
Carriageway Construction
Kms Covered (2020): 25.75km

(3) RECONSTRUCTION OF ENUGU-PORT HARCOURT ROAD: (SECTION III – ENUGU TO LOKPANTA)

Contractor: CGC Nigeria Ltd
Contract Sum: N32.31bn
Current Completion Level: 28.77%
2020 SUKUK Payment: N5.0bn
Carriageway Construction
Kms Covered (2020): 27.0km

(4) RECONSTRUCTION OF ONITSHA-ENUGU EXPRESSWAY: (SECTION I – AMANSEA TO ENUGU
STATE BORDER)

Contractor: RCC Nigeria Ltd
Contract Sum: N62.06bn
Current Completion Level: 29.92%
2020 SUKUK Payment: N6.5bn
Carriageway Reconstruction
Kms Covered (2020): 12.0km

(5) RECONSTRUCTION OF OLD ENUGU-ONITSHA ROAD: (OPI JUNCTION-UKEHE OKPATU-ABOH UDI-OJI TO
ANAMBRA BORDER)

Contractor: Arab Contractors
Contract Sum: N31.94bn
Current Completion Level: 4.75%
2020 SUKUK Payment: N4.0bn
Carriageway Reconstruction
Kms Covered (2020): 13.0km

SOUTH-WEST BREAKDOWN: SIX ROADS

(1) RECONSTRUCTION OF BENIN-OFOSU-ORE-AJEBANDELE-SHAGAMU EXPRESSWAY

Contractor: RCC Nigeria Ltd
Contract Sum: N65.22bn
Current Completion Level: 82.96%
2020 SUKUK Payment: N4.5bn
Carriageway Reconstruction
Kms Covered (2020): 15.0km

(2) PAVEMENT STRENGTHENING AND ASPHALT OVERLAY
OF AJEBANDELE-IJEBU ODE-SHAGAMU ROAD IN
OGUN STATE

Contractor: RCC Nigeria Ltd
Contract Sum: N71.64bn
Current Completion Level: 26.50%
2020 SUKUK Payment: N4.5bn
Asphalt Overlay & Pavement Reinforcement
Kms Covered (2020): 13.0km

(3) DUALIZATION OF IBADAN-ILORIN EXPRESSWAY: (SECTION II – OYO-OGBOMOSO ROAD IN OYO STATE)

Contractor: RCC Nigeria Ltd
Contract Sum: N47.50bn
Current Completion Level: 73.35%
2020 SUKUK Payment: N5.0bn
Ongoing Dualization; Piling; Pile Caps
Kms Covered (2020): 8.0km

(4) REHABILITATION AND EXPANSION OF LAGOS-BADAGRY EXPRESSWAY: (SECTION I – AGBARA JUNCTION TO BENIN BORDER)

Contractor: CGC Nigeria Ltd
Contract Sum: N63.02bn
Current Completion Level: 9.30%
2020 SUKUK Payment: N4.5bn
Ongoing Expansion works
Kms Covered (2020): 8.70km

(5) REHABILITATION OF THE OUTER MARINA ROAD IN
LAGOS STATE

Contractor: CCECC Nigeria Ltd
Contract Sum: N9.27bn
Current Completion Level: 0.00%
2020 SUKUK Payment: N4.0bn
Reconstruction works
Kms Covered (2020): 4.54km

(6) DUALIZATION OF LAGOS-OTTA ROAD

Contractor: Julius Berger
Contract Sum: N56.70bn
Current Completion Level: 15.38%
2020 SUKUK Payment: N4.557bn
Carriageway Reconstruction
Kms Covered (2020): 10.50km

SOUTH-SOUTH BREAKDOWN: TEN ROADS

(1) DUALIZATION OF OBAJANA JUNCTION TO BENIN: (SECTION II – OKENE TO AUCHI)

Contractor: Mothercat Ltd
Contract Sum: N21.29bn
Current Completion Level: 48.85%
2020 SUKUK Payment: N4.0bn
Carriageway & Bridgeworks
Kms Covered (2020): 56.87km

(2) DUALIZATION OF OBAJANA JUNCTION TO BENIN: (SECTION III – AUCHI TO EHOR)

Contractor: Dantata & Sawoe
Contract Sum: N34.86bn
Current Completion Level: 13.41%
2020 SUKUK Payment: N4.0bn
Dualization, Bridgeworks & Drainage works
Kms Covered (2020): 23.0km

(3) DUALIZATION OF OBAJANA JUNCTION TO BENIN: (SECTION IV – EHOR TO BENIN)

Contractor: RCC Nigeria Ltd
Contract Sum: N35.25bn
Current Completion Level: 39.68%
2020 SUKUK Payment: N3.5bn
Dualization & Drainage works
Kms Covered (2020): 9.0km

(4) RECONSTRUCTION OF ENUGU-PORT HARCOURT ROAD: (SECTION IV – ABA-PORT HARCOURT EXPWY)

Contractor: CCECC Nigeria Ltd
Contract Sum: N40.35bn
Current Completion Level: 23.74%
2020 SUKUK Payment: N3.0bn
Expansion from four to eight lanes
Kms Covered (2020): 3.48km

(5) DUALIZATION OF YENEGWE-KOLO-OTUOKE-BAYELSA PALM ROAD

Contractor: CCECC Nigeria Ltd
Contract Sum: N26.49bn
Current Completion Level: 20.50%
2020 SUKUK Payment: N2.0bn
Ongoing Dualization
Kms Covered (2020): 3.50km

(6) CONSTRUCTION OF IKOM BRIDGE IN CROSS RIVER
STATE

Contractor: Setraco Nigeria Ltd
Contract Sum: N8.91bn
Current Completion Level: 45.02%
2020 SUKUK Payment: N2.0bn
Bridgeworks
Kms Covered (2020): 1.20km

(7) RECONSTRUCTION OF ODUKPANI-ITU-IKOT EKPENE
ROAD IN CROSS RIVER STATE: (SECTION I – ODUKPANI-ITU BRIDGE)

Contractor: Julius Berger
Contract Sum: N54.17bn
Current Completion Level: 1.82%
2020 SUKUK Payment: N3.0bn
Dual Carriageway works
Kms Covered (2020): 4.0km

(8) DUALIZATION OF SAPELE-EWU ROAD: (SECTION I – SAPELE-AGBOR IN DELTA STATE)

Contractor: CGC Nigeria Ltd
Contract Sum: N64.87bn
Current Completion Level: 8.80%
2020 SUKUK Payment: N1.5bn
Dual Carriageway works
Kms Covered (2020): 3.0km

(9) DUALIZATION OF SAPELE-EWU ROAD: (SECTION II – AGBOR-EWU IN DELTA STATE)

Contractor: Setraco Nigeria Ltd
Contract Sum: N47.94bn
Current Completion Level: 13.98%
2020 SUKUK Payment: N1.5bn
Dual Carriageway works
Kms Covered (2020): 7.73km

(10) RECONSTRUCTION OF ALESI-UGEP ROAD: (IYAMOYUNG-UGEP) SECTION IN CROSS RIVER STATE

Contractor: Sermatech Nigeria Ltd
Contract Sum: N11.22bn
Current Completion Level: 91.0%
2020 SUKUK Payment: N1.5bn
Carriageway works
Kms Covered (2020): 10.0km

This Concludes The Breakdown Of The 44 SUKUK Funded Roads Earmarked For Construction With N162.5bn In Cash Released For 2020. With This, CSOs And Other Interest Groups Are Best Placed To Hold Contractors Across The Nation Accountable For Funds Paid To Them. God Bless Nigeria.