Connect with us

Hi, what are you looking for?

TVCE Articles

‘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. 

Advertisement

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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Tech

Meta, the parent company of Facebook, WhatsApp, and Instagram, is expanding its AI service to seven countries in Sub-Saharan Africa, including Nigeria and Ghana....

Tech

Paid users of ChatGPT now have access to GPT-4 Turbo, an upgraded version of the large learning model previously known as GPT-4. OpenAI recently...

Tech

Spotify is developing new remixing features to rival TikTok’s popular trend of altering song speeds. These upcoming tools will enable paid subscribers to adjust,...

Music

Post Malone made history by appearing on Taylor Swift’s latest album, The Tortured Poets Society, which surpassed 300 million streams on its release day....

Copyright © TVCCommuniation owner of TVC Entertainment