Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,459 members, 7,819,671 topics. Date: Monday, 06 May 2024 at 08:35 PM

Exclusive: Pdp Members May Lose N90bn Nddc Contracts - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Exclusive: Pdp Members May Lose N90bn Nddc Contracts (362 Views)

Akpabio writes National Assembly, denies saying lawmakers got NDDC contracts / N90bn FIRS Fund: Osinbajo Threatens Google Over Rootstv YouTube Video / Saraki, Dogara, NASS Members May Leave APC Thursday - New Telegraph (2) (3) (4)

(1) (Reply)

Exclusive: Pdp Members May Lose N90bn Nddc Contracts by sitippe: 3:49pm On Jan 24, 2018
Except NDDC contractors retract their steps from the Peoples Democratic Party and channel their support to the Governorship campaign of the Managing Director, Mr Nsima Ekere, their hopes of getting paid to complete their subsisting contracts may end up as a mirage.

Already, the Niger Delta Development Commission, NDDC, is set to cancel 482 contracts valued at about N90 billion on the excuse of non-performance.

Our investigations reveal that several attempts by the NDDC czar to lure the major contractors, most of whom, had reached over 60-70% of their contract execution, into APC had failed woefully.

Although the commission explained that it is cancelling the jobs in order to pay all outstanding arrears of foreign scholarships to students, Global Pilot learnt that the ploy was to punish contractors who have refused to join the APC campaign train.

The NDDC in a statement recently said the decision to cancel the contracts was reached at the recent meeting of the board, explaining that the aim is to clean up the commission’s books and to remove non-performing items.
“Part of the decision we arrived at was to cancel 482 projects between 0-5 per cent startup valued at about N 90 billion. This is in a bid to clean up the commission’s books and to remove non-performing items.
It was gathered that Mr Ekere who allegedly vowed to fund projects handled by only those who defected to his party has continued to starve PDP –inclined contractors of funding.
Indications have emerged that all those who defected since last year, have since been paid in full, while their counterparts despite their efforts at meeting specifications, have been ignored.
One of the contractors who confided with the Global Pilot said their situation will get no better as they have resolved never to join the APC on account of patronage for jobs they duly executed.
“It is like Esau selling his birthright,” the contractor lamented, “if Nsima likes let him do his worse we have decided that we wont join his party after all the calamity the party has brought to our country.”
Investigations reveal that the NDDC management team is making considerate efforts on how to terminate the contracts on the allegation that the contractors have abandoned the projects, with a view to re-awarding same to their cronies.
Efforts to reach the NDDC Managing Director was abortive as at press time.
Culled from https://sitippe.com/2018/01/24/exclusive-pdp-members-may-lose-n90bn-nddc-contracts/

(1) (Reply)

PDP Ward Address In Lekki...anyone Knows. / APC Cooked Up Indices Will Not Help Buhari, Says PDP / VIDEO:6 Days After See How Buhari, Obasanjo And Abubakar Having Fun In Ethiopia

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.