Over 700 contractors are competing for a total of N12 billion naira contracts to be awarded by the Nigerian Railway Corporation (NRC) under its 2022 fiscal year.
Director of Procurement, Ben Iloanusi, disclosed this when bids for the contracts were being opened at the NRC headquarters in Lagos. .
Iloanusi said evaluation, authentication and validation was yet to start on the bids, adding that this was just merely for verification of the documents submitted by the companies in accordance with the eligibility criteria put out in the adverts.
“We are merely checking the documents. If the documents are complete, we tick,” adding that some contractors would automatically be disqualified if their documents are not complete.
“However, we have not disqualified any company yet, because we just started checking the documents,” Iloanusi revealed.
The representative of the Managing Director of the NRC, Mr. Niyi Ali, who is the Director of Operations of the Corporation, said the process is transparent corporation in compliance with the Procurement Act.
“Wevhave adhered strictly to the 2007 Procurement Act as amended, and the bids are for capital projects like locomotive repairs, spare parts, civil works etc,” Ali noted.