The Federal Government is targeting to attract $3.5bn worth of investments into the country through the Nigerian Gas Flare Commercialisation Programme and has issued letters of qualification to 205 firms that are interested in the NGFCP.
It was gathered that over 850 interested parties registered their interests in the programme while 238 applicants submitted statements of qualification in response to the Request for Qualification published by the Department of Petroleum Resources.
A total of 238 SOQ documents were evaluated in accordance with the provisions of applicable regulations, guidelines and standard DPR practices for bid evaluation and were adjudged either a ‘pass’ or ‘fail’ status.
“Following a rigorous exercise conducted in line with established protocol and using the electronic evaluation tool, 205 applicants emerged successful, attaining a ‘pass status’, while the remaining 33 applicants did not meet the minimum requirements and thus attained ‘fail status’,” the Programme Manager, NGFCP in the Federal Ministry of Petroleum Resources, Justice Derefaka, told our correspondent in Abuja.
Source: Punch Newspaper.
