The Julius Berger-NSIA Motorways Investment Company (JB-NMIC) Consortium, who are the contractors have given an assurance that the second River Niger Bridge will be completed as scheduled.
The assurance came about following speculations from media reports that the project was suspended due to non-compliance with environment laws. The consortium cleared the air saying that, complying with the Nigerian Environmental Laws is a priority to them, as it is an intrinsic part of the project in collaboration with the relevant ministries..
Currently the project is underway and on 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 construction cost of the bridge is estimated at US$ 698 million of which US$ 249.1 million has already been provided for the commencement of the project. The project covers 2,150m in length including a 600m bridge plus train tracks.