Drama in N/Assembly as Construction Firm Accuses Lawmaker, Ministry of Works Officials of Inflating Road Project from N9 Billion to 54 Billion
https://247ureports.com/2023/09/drama-in-n-assembly-as-construction-firm-accuses-lawmaker-ministry-of-works-officials-of-inflating-road-project-from-n9-billion-to-54-billion/
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During the sitting of the House of Representatives Ad Hoc Committee investigating the alleged failure of construction and rehabilitation of Ijebu-Igbo Ita Ibadan Road, the Executive Director of DC Engineering Ltd, Engr. Ade Adedeji said the 41 KM road project was awarded to the company in 2018 at the sum of N9.8 Billion and the contract was supposed to be completed within two years but it took the Federal Ministry of Works 5 (five) years (2018 to 2023) before it was able to pay 15 percent mobilization fund of N1.3 billion.

He said the slow pace of the work was due to lack of release of fund. According to him, the 15 percent mobilization fees was paid in several installments until about few weeks a ago that the last installment of the 15 percent was paid.