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JULIUS BERGER NIGERIA PLC

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Julius Berger Nigeria : Accomplishes Record Project Deliveries in Port Harcourt

03/09/2021 | 06:00pm EDT

Julius Berger Nigeria Plc once again has exhibited its resourceful, qualitative and innovative leadership in the country's engineering construction sector as the company accomplished a series of major infrastructural development projects well ahead of their scheduled delivery dates for commissioning by the Rivers State Government in Port Harcourt, last week.

It was a daily festival of projects commissioning by Governor Ezenwo Nyesom Wike, CON, GSSRS, POS (Africa) as well as ground breaking and flag-off of several new infrastructural development projects in the Rivers State Capital.

This round of commissioning of successfully executed and completed projects by the Rivers State Government, commenced on Monday 1st March, with the inauguration for public use of the Okoro-Nu-Odo Flyover. The Special Guest of Honour at the event, the former Governor of Cross River State, His Excellency Donald Duke at Okoro-Nu-Odo, Obior Akpor, commissioned the project, built in record time of 14 months ahead of its schedule of 16 months completion date.

On the 2nd day of the projects commissioning, the Rivers State Government in the morning at the Council Chambers of the Government House, again signed another contract with Julius Berger Nigeria Plc for the construction of two more Flyovers (Flyovers 7 and 8) in the Garden City. The Rumuogba 1 and 2 Flyovers constructed and also completed by Julius Berger ahead of schedule was formally inaugurated by the State Government for public use. The Special Guest of Honour at this ceremony was the former Governor of Kano State, Engr. Dr. Rabiu Kwankwaso, FNSE, FNIQS.

The next day, 3rd March, Governor Ezenwo Nyesom Wike also commissioned two GRA Phase 2 roads, Tombia and Opobo Crescents, constructed and completed by Julius Berger Nigeria Plc. At the ceremony, Governor Wike formally announced the change of the name of Opobo Crescent to Fred Alabrabra Road. The Guest of Honour at the commissioning of the two roads was the former Governor of Katsina State, His Excellency, Alhaji (Barrister) Ibrahim Shehu Shema.

On Thursday 4th March, in the evening, Governor Wike commissioned a state-of-the-art Government House Clinic as well as a new ultra-modern Administrative Building, both of which were constructed by Julius Berger. The Special Guest of Honour at the ceremony was His Excellency Dr. Bukola Olusola Saraki, the former Kwara State Governor and erstwhile President of the Senate of the Federal Republic of Nigeria.

On Friday 5th March, Governor Wike performed the ground breaking and flagging-off ceremony of a new Flyover project, the Nkpolu-Oroworukwo Flyover to be constructed by the indefatigable and reliable Julius Berger. Chief Dan Orbih, the South-south Zonal Chairman of the PDP was the Special Guest of Honour of the Governor at the ceremony.

On Saturday, 6th March, Governor Wike invited the former Governor of Rivers State, His Excellency Chief (Sir) Celestine Ngozichim Omehia, to flag-off yet another major infrastructural project, the Orochiri/Wurukwo Flyover at Waterlines junction, Aba road, Port Harcourt.

From one completed project to the other, Julius Berger's premium, pace-setting, reliable and lasting engineering construction quality was extolled by each speaker at the events. The Rivers State Governor also poured encomiums on Julius Berger for its speed in delivering the projects in 14 months ahead of the 16 months originally scheduled and for the completion of the works, in spite of the clear challenges of the covid-19 pandemic.

Engr. Dr. Lars Richter Lars said and further assured: 'Our company has been constructing major projects across Nigeria since 1965. We have a proven track record of successfully completing work on time no matter the challenge. We continue to set standards for technological leadership in the construction sector and seek to pioneer state-of-the-art construction methods and technologies to ensure that value-driven innovations are prioritized for the benefit of our clients… and our quality of works continues to stand the test of time.'

Disclaimer

Julius Berger Nigeria plc published this content on 10 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 01:35:05 UTC.


© Publicnow 2021
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Sales 2021 274 B 667 M 667 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 13,4%
Capitalization 32 480 M 78,9 M 79,0 M
Capi. / Sales 2021 0,12x
Capi. / Sales 2022 0,11x
Nbr of Employees 12 221
Free-Float 4,46%
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Lars Richter Managing Director & Director
Martin Brack Financial Director & Director
Mutiu Sunmonu Chairman
Zubairu Ibrahim Bayi Executive Director & Administration Director
Karsten Hansel Independent Non-Executive Director
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