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Reading: We’ll Award Contracts Till May 28 Midnight – FG
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Germane Reporters > Uncategorized > We’ll Award Contracts Till May 28 Midnight – FG
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We’ll Award Contracts Till May 28 Midnight – FG

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Last updated: 2023/05/25 at 5:00 PM
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The Federal Government says it will continue to award contracts until May 28 midnight when the administration would end.

The Minister of Works and Housing Babatunde Fashola, who made this claim in Akure when he flagged off construction of the 49km Akure-Ado-Ekiti road, said the National Assembly has passed a budget for the administration to work.

The former Lagos Governor therefore described as ‘juvenile conversations’ questions by critics on why the Buhari administration was still awarding contracts when it had few days to leave power.

According to him, the former contractor engaged to construct the road could not start work because the Sukuk fund that was to be used only pay for work done and not pay mobilisation to contractors.

He explained that the contractor has sued the Federal government for N10bn.

Fashola said the road was being constructed by the Nigeria National Petroleum Company Limited under the Tax Credit Policy at a cost of over N90bn.

The Minister said he rejected proposals to upgrade and carry out remedial repairs on the road because he wanted the road dualised.

Calling on the incoming National Assembly members to review the Procurement Act, Fashola said the present processes involved in the Procurement Law slowed down development.

On the country’s N77trn debt burden under Buhari, Fashola said the debt incured by many state governments were included.

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admin May 25, 2023
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Previous Article Buhari Seeks Approval To Pay N226bn, $556.8m, £98.5m Judgement Debts
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