Tag Archives: Contractors in Nigeria

In order to clear the backlog of debts owed contractors, the federal government is working to issue promissory notes to contractors to clear a preponderance of domestic debts. The Nation reports that the Minister of Finance, Mrs Kemi Adeosun, while speaking at the 14th Daily Trust dialogue with the theme Beyond Recession in Abuja on Thursday,  disclosed that the federal ...

The Delta State government has given marching order to contractors handling road projects to return to sites to avert serious sanction. The Guardian reports that the Commissioner for Works, Chief James Augoye, who gave the directives while inspecting on-going road projects across the state, said that the government has commenced massive execution of road and drain projects across the agrarian ...

The Guardian reports that the All Progressives Congress (APC) has said that President Muhammadu Buhari plans to spend the $29.9 billion, he wants to borrow, on reviving the comatose economy and paying contractors, some of who are being owed for up to 10 years. The Guardian reports that APC’s National Chairman, Chief John Odigie-Oyegun, said Sunday night that the President ...

Vanguard reports that Governor Muhammadu Jibrilla of Adamawa State has given road contractors two weeks ultimatum to resume work or refund the money the state government mobilised them with. According to Vanguard, Governor Jibrilla, while speaking to newsmen yesterday in Yola, said his administration would ensure that any contractor, who collected government money, delivered on the job or would be ...

Contractors in the nation’s construction industry have appealed to federal and state governments to pay debts owed the firms to enable them to return to project sites across the country. Acting under the auspices of Federation of Construction Industry, the contractors claimed that in the last two years alone, debt owed them by various governments was N600 billion. The president ...