He said one of the primary objectives of the dam, was to mitigate the environmental disaster associated with overflow of flood water, in various downstream states affecting more than six million people.
“These states include Taraba, Benue, Kogi, Delta, Cross River and Bayelsa.”
He said the hydropower component of the dam would also aid in ecological flood control, and water supply for a population of about 400,000 people.
Nwoko said it would also help irrigation potentials for about 3,000 hectares of arable land for farming as well as fishing to support food security.
He said the cost of the project was put at N7.68 billion, approved for a concession period of 15 years and would yield a total revenue of N85 billion.
Nwoko said the DMS which had the NCC as grantor, sought to provide a single control point for comprehensive device management for mobile communication devices in Nigeria.
“Specifically, the proposed DMS will support capabilities for tracking of mobile communication devices to eliminate fake and substandard devices.
“It would also provide detailed statistical information for stakeholders use, and support the fight against cybercrime and insecurity.
“It adopts a Design, Build, Finance, Operate, Maintain and Manage PPP model for a concession period of 10 years at a cost of 26 million dollars.
“A total revenue generation of N86.6 billion,”he said.
He said the Lagos-Ibadan e-ticketing and the Warri-Itakpe concessions adopt a Design, Finance, Build, Operate and Manage a Secure Ticketing Solution (Hardware and Software) for the Passengers’ Stations.
“The solution seeks to ensure the provision of electronic and manual tickets, provision of adequate infrastructural security, and deployment of adequate maintenance regime.
“It also seeks to provide an adequate training regime and provision of value-for-money throughout the life of the solution.”
Nwoko said the Lagos-Ibadan concession was approved at a cost of N1.1 billion granted to Messers Global Software Digital Solutions Ltd. and Datamataic Global Services Ltd as technical partner for a period of 10 years.
“A total of N112.8 billion will be generated from this project.”
He said the Warri-Itakpe counterpart would be executed at the cost of N860, 806,423, granted to Fane International Consult Ltd.
Artificial Intelligence Technologies Ltd. as technical partners, also for a 10-year term.
“Revenue generation is estimated at N63.3 billion,” he said.
