4thJanuary, 2016

The Honourable Commissioner

Ministry of Energy,
Ilorin.

RE:

AWARD

OF

CONTRACT

IN

RESPECT

OF

REINFORCEMENT OF KWARA STATE ELECTRICITY

DISTRIBUTION NETWORK.
Above subject matter refer please.
Sir, our company Messrs. Liberty Overseas was awarded
contract for the installations of 1x15MVA, 33/11kv
Injection substation at Agba Dam on the 12th December,
2008 at a total contract sum of One Hundred and Sixty
Two Million, Five Hundred and Fifty Eight Thousand Nine
Kobo (N162, 558,964.092) only. Attached as Annexure I
is the photocopy of the letter of award for your
certification please.
The project has been completed, tested and working
satisfactorily to date since completion in 2009.Our

company has been paid the sum of One Hundred and

Fifty Four Million, Four Hundred and Thirty One Thousand
Fifteen Naira, Eighty Five Kobo (N154, 431,015.85) only,
leaving a balance of Eight Million, One Hundred and
Twenty Seven Thousand, Nine Hundred and Forty Eight
Naira, Twenty Four Kobo (N8, 127,948.24) only.
We solicit for your kind assistance to honour the
payment of the outstanding retention claim which is overdue
referring to the time of completion of the project.
Thank you for your usual understanding in anticipation of
your timely response.

Alhaji
Sulaiman Obalola Sani
(MD/
CEO)

4thJanuary, 2016
The Honourable Commissioner
Ministry of Energy
Ilorin.

RE: AWARD OF CONTRACT FOR CIVIL WORKS AT

STADIUM

AND

AGO

INJECTION

SUB-STATIONS-

REQUEST FOR VARIATION OF CONTRACT SUM

Contract for the construction of Civil works and

extension of 33kv network at Ago and Stadium was
awarded to our company Messrs.Liberty Overseas at the
sum

of

Forty

Million,

One

Hundred

and

Seventy

Thousand, Nine Hundred and Fifty Four Naira, Five

Kobo(N40,170,954.05)only in March,2010.The break
downs are as follows:

S/N

DETAIL

O
1

2 Control Building 1 at Ago

Amount (N)

and the other at Stadium road

2 x N 10,212, 088

20,424,146.00

2.

33kv O/H lines

2.1

Source to obtain Olalomi T- 10,581,450.00

2.2

junction

3,182,420.00

Olalomi T-junction to Stadium 34,188,046.00

3

road

3.1

Sub-Total

1,709,402.30

3.2

Taxes, e.t.c

1,709,402.30

3.3

VAT % of Gross

1,025,641.38

3.4

WHT 5% of Gross

1,538,462.07

Education levy 3% of Gross

5,982,908.05

Consultancy Fees 4.5%

40,170,954.05

Sub-Total
Total
Our company has been paid a total sum of Twenty Four
Million One Hundred and Two Thousand, Five Hundred
and Seventy Two Naira Four Kobo (N24, 102,572.40)
only. The project is about 60% completed. The reason

why the project was abandoned was as a result of under

estimation of the actual cost that could complete the
project.
In view of this observation we wish to demand for
additional sum of Thirty Eight Million, Six Hundred and
Fifty Thousand, Five Hundred Naira (N38, 650,500.00)
only to enable us complete the job.
We look forward to your favourable consideration.

Alhaji
Obalola Sulaiman Sani
(MD/CEO)