‘We have paid N70 billion for road projects’ – Fashola

 TVC E. The minister of Works, Power and Housing, Babatunde Raji Fashola has disclosed that a total sum of N70 billion has been paid to contractors out of the N2.1trn liabilities for the construction of 206 road projects across the country.

 Fashola in a statement issued by his Special Adviser on Communications, Hakeem Bello, on Wednesday, stated that the N102bn that his ministry got “has been described as a lion’s share of the N300bn.” 

“But it is a lion’s share against our realities and the realities are that we inherited 206 roads under construction and the liabilities for those roads were in the region of N2.1tn,” he added, pointing out that the government had paid about N70bn of the amount.

‘As at July this year, N70bn had been paid out to contractors, project managers and consultants for roads and bridges and the various contractors had since returned to site,” the statement stated. 

He listed the road projects where the contractors had returned to site to include the Kano-Katsina Road, Kano-Maiduguri Road, Ilorin-Jebba Road, Loko-Oweto Road, Lagos-Ibadan Expressway and the Port Harcourt-Enugu Road, among others.

No Comments
Leave a Comment: