Wednesday 18 May 2016

2016 Budget Approval: All Contractors To Return To Site - Fashola



 
Minister of Power, Works and Housing, Mr Babatunde Fashola, yesterday, appealed to road contractors to return to sites and commence work without further delay, following approval of the 2016 budget. 
Fashola while speaking at a meeting with over 20 construction companies in Abuja, yesterday, assured the contractors that his ministry would soon begin to offset some of the debt owed them for projects executed across the country. The minister noted that his ministry would ensure the contractors got paid with the funds allocated to them in the 2016 budget soon.
According to Fashola, When the debts are paid, workers who were laid off by the construction companies would be recalled to work as soon as possible. Very soon, in a matter of days, hopefully we will get some funding to disburse to you. What we hope to achieve is to hear from you what the problems are.”
In their response, the contractors, who are owed over N600 billion, also promised to improve the standard of roads as well as provide road furniture, including signage, kilometre milestones etc. They also appealed to the Minister to seek alternative financial arrangements to pay for projects not captured in the 2016 appropriation

Source: Vanguard

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