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Federal Government Owing Road Contractors Over N336bn – Babatunde Raji Fashola - Politics - Nairaland

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Federal Government Owing Road Contractors Over N336bn – Babatunde Raji Fashola by gclefrey: 7:21am On Aug 25, 2020
Former governor of Lagos State and current Minister of Works and Housing, Babatunde Raji Fashola, over the weekend disclosed that the Federal government of Nigeria is owing in excess of N336 billion to road contractors.

The former governor said during his interview with Arise Television that the challenges his Ministry is faced with mostly lack of funding and with a tonne load of infrastructures to be worked on. He said only N27 billion has been paid so far to the owed contractors while more certificates are piling up for the contracts that have not been paid.

“Our debts as of the end of July, our outstanding and unpaid certificates, for example, were in the area of N336 billion. Now, the release we have from the ministry of finance for the second quarter is N27 billion. Then we have the Sukuk N162 billion. So, if you add that up, we are still way behind and more certificates are piling up for work that we haven’t paid.

Read on Here: https://ogatv.ng/federal-government-owing-road-contractors-over-n336bn-babatunde-raji-fashola/

Re: Federal Government Owing Road Contractors Over N336bn – Babatunde Raji Fashola by SouthNigerian: 7:23am On Aug 25, 2020
FG is cursed
Re: Federal Government Owing Road Contractors Over N336bn – Babatunde Raji Fashola by Siberia01(m): 7:40am On Aug 25, 2020
smiley
Re: Federal Government Owing Road Contractors Over N336bn – Babatunde Raji Fashola by LawLab247: 7:48am On Aug 25, 2020
I see
Re: Federal Government Owing Road Contractors Over N336bn – Babatunde Raji Fashola by Nobody: 8:00am On Aug 25, 2020
Most useless govt ever
Imagine what they turned a Fashola to
Work with Buhari and become a dullard

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