₦airaland Forum

From the narrative of the ministry, one may deduce as follows:
1.
A valid and binding contract exists between the ministry and the contractor, Julius Berger, to construct a certain length of road for a certain amount within a certain period of time.
2.
It seems the ministry unilaterally decided to rescope the contract without the consent of the other party, Julius Berger Plc.
3.
The ministry made a proposal to the Federal Executive Council and got an approval for the rescoping and rescaling that reduced the length and costs of the road and awarded same to another company, Dangote.
4.
The ministry with audacious authority and typical of the Nigerian way of doing things, gave the other party only two options: accept our decisions and the new contract sum or have the contract terminated! No self-worth company will take the bullshit! Julius Beger is not a department of the government but an equal signatory to a binding and subsisting agreement with clear responsibilities to be performed by both parties.
5.
When will the leaders learn from their mistakes? If the contract arbitration clause does not clearly restrict dispute resolution to the local jurisdiction, I foresee another national embarrassment from the possible punitive compensatory award against the Federal Government should Julius Berger decide to sue the government outside Nigeria.

This antiquated master-slave mentality of the Nigerian leaders must stop. There is dignity in being humane.

How some of una the read and comprehend sef?

EasternActivist:
Everything about this govt na threat and scandal.

FINE ROAD

Apel147:
How some of una the read and comprehend sef?

Omo with this stuff you wrote, no offense you need to check yourself and ask yourself...

It was for you to learn ✌️

EasternActivist:
Omo with this stuff you wrote, no offense you need to check yourself and ask yourself...

A 155bn contract in 2018 is now worth 740bn in 2024. That's how much APC-led government have devalued the naira and destroyed our economy.

You awarded a contract in 2018 with the ten exchange rate and probably didn't pay in full but in part installment. Heading towards 2023, exchange rate went up and most of the materials used on that contract was imported, why then won't the rate go up.
What govt should do is pay in full for all contracts awarded and allow the contractor face what ever challenge that arises instead of dragging

IneIs:
Give it to President Tinibu when it comes to no nonsense and boldness.

Deliver or you get fired!

Keep deceiving yourself. He will reaward the contract to HiTec that built lekki epe express and is handling East West coastal road

CodeTemplarr:
Is the currency devaluation that terrible?
All materials aren't sourced with dollar you know. The review is steep enough if someone hasnt taken the lions share as his own cut.

Yes the currency devaluation has made the amount too meagre

Apel147:
It was for you to learn ✌️

Nothing to learn, you definitely need that more. Pun intended

Like an old wine I am too refined for your gutter language ✌️ every simp forming Hercules online 👍

EasternActivist:
Nothing to learn, you definitely need that more. Pun intended

Apel147:
Like an old wine I am too refined for your gutter language ✌️ every simp forming Hercules online 👍

Old wine refined to be gulped and pissed out by a drunkard... You know your place. And that's worthless 😔

cr7lomo:
Julius Berger no gree settle...

My thought, Wike use them no problem

cr7lomo:
Julius Berger no gree settle...

You got it!

Leave those praising govt.
See what RCC did in Ibadan before you get to Julius Berger part in Lagos Ibadan express way. You will see the difference in quality, Julius Berger remains the best but it's possible they refused to settle the powers that be.

IneIs:
Give it to President Tinibu when it comes to no nonsense and boldness.

Deliver or you get fired!

oga na lie, somebody or some people were not settled, Dem no see their own cut

tundegan:
The minister is doing a great job.

These foreign companies should know we wont take their nonsense anymore.

Julius Berger is nor Foreign anymore..

The company is mostly owned by Nigerians behind the scene now for ages

IneIs:
Give it to President Tinibu when it comes to no nonsense and boldness.

Deliver or you get fired!

Hytech incoming...
Dey play.

Una think say na everybody be mugu?
Who dey build the new coaster road?

cr7lomo:
Julius Berger no gree settle...

Julius Berger no dey do kick back, dem no dey gree inflate invoice. Yet some mumus dey praise the thieves in charge of the lootings for a job well done 😂

Contracts will be reawarded to Hitech at an even higher contract price.

Keep celebrating

AerialMapper:
Contracts will be reawarded to Hitech at an even higher contract price.

Keep celebrating

As predicted

https://punchng.com/hitech-to-complete-abuja-kano-road-after-julius-bergers-removal/

Ikaeniyan0:
You're either chidish, fraustrated or hungry

It's obvious who's frustrated between us.