A total sum of N836 million has been approved by the Federal Executive Council (FEC) as contract variation for the establishment of 38 oxygen production plants across Nigeria.
Lai Mohammed, Minister Of Information and culture, announced this to state house correspondents after the FEC meeting on Wednesday.
Contract variation refers to an alteration to the scope of the agreement, but not the extension of the duration of the contract.
“The Minister of Health also presented a memo seeking for an upward review for the emergency supply, installation and maintenance of the 38 oxygen plants all over the country,” Mohammed said.
“You will remember in June, the Federal Executive Council approved the sum of N5.615 billion to four major contractors for the emergency supply, installation and maintenance of 38 oxygen plants in various parts of the country.
“Regrettably, the four companies also came back recently with the same complaints ranging from fluctuation in the foreign exchange and the scarcity of the material all over the world as a result of COVID-19.
“So, he presented a memo for augmentation in the sum of N836 million and this was also approved today.”
