The Federal Executive Council (FEC) has approved the award of a N6.3 billion contract for waterways surveillance under the Deep Blue Project.
The Deep Blue Project is also known as the Integrated National Security and Waterways Protection Infrastructure project.
It is based on a maritime analytics system, providing comprehensive monitoring and an exclusive economic zone.
The project will enable both the protection of the country from illegal and piracy activities and the protection of the country’s natural resources and assets.
The Hon. Minister of Transportation, Mr. Rotimi Amaechi, disclosed this on Wednesday while briefing state house correspondents after the FEC meeting.
The meeting was presided over by President Muhammadu Buhari at the presidential villa, Abuja.
In June, Buhari flagged off the project — a collaboration between the transport ministry and the ministry of defence.
Amaechi said he presented a memo to the cabinet to approve the award of the contract.
He said that the contract was for the provision of training logistics, operational equipment, and maintenance support for the government under the Integrated National Surveillance and Waterways Protection Solution Infrastructure in Nigeria.
“This is also what we call the Deep Blue Project. That’s the project that the president launched some months ago, around May or June,” he said.
“The contract was awarded at N6,347,967,644.21, inclusive of 7.5% VAT for a period of two years. It’s also important to say that the cabinet was briefed that there’s huge improvement in the security on our waterways now and we hope that it will continue as we progress.”