₦airaland Forum

Construction giant, Julius Berger Nigeria Plc, has re­iterated its commitment to deliver the Bodo-Bonny road project in Rivers State.

The company, in a state­ment signed by Emieseifa James Agama, the Head of Corporate Communica­tion, Julius Berger Nigeria Plc, and made available to Daily Independent, said it remained steadfast in de­livering quality infrastruc­ture in line with Nigeria’s developmental needs.

The statement reads, “Julius Berger Nigeria Plc remains steadfast in its mission to deliver trans­formative infrastructure projects that align with Nigeria’s developmental priorities.”

“For over 50 years, we have partnered with the Federal Government, communities and stake­holders to deliver trans­formative infrastructure solutions with profession­alism, transparency and adherence to the highest standards,” the statement read.

Julius Berger further ex­plained the reason for tem­porary suspension of work on the project, blaming the development on inflation, as well as rising costs of in­puts and foreign exchange, expressing joy at the re­sumption of work on the road in August, 2024, say­ing the project has shown their commitment despite inherent challenges.

“The Bodo-Bonny road project exemplifies our unwavering commitment to progress, despite sig­nificant operational and financial challenges.

“Extreme inflation, ris­ing input costs, and FX volatility necessitated the declaration of force ma­jeure and the suspension of works in November 2023. Nevertheless, Julius Berg­er resumed work in good faith in August 2024, five months before the formal execution of the contract, following a verbal agree­ment with the Federal Min­istry of Works to adjust the contract value from N200 billion to N280 billion.

“Although inflationary pressures on materials have risen between 200% and 600% (and even high­er in some cases), the rel­atively modest adjustment to the contract value was a welcome step. Julius Berg­er’s acceptance at the time reflects our commitment to addressing challenges impacting projects and fos­tering mutual agreements with the Federal Govern­ment to ensure their suc­cessful delivery.

“Furthermore, the ab­sence of a tripartite fund­ing agreement between the Federal Government, NLNG and Julius Berger continues to impact pay­ments, requiring Julius Berger to pre-finance sig­nificant portions of the project. Despite these chal­lenges, we have continued to make progress, includ­ing through the yuletide season, reaffirming our commitment to delivering this critical national asset.

“It is important to note that Julius Berger is the only contractor to have taken on this project in a challenging terrain previ­ously abandoned by other contractors. Connecting Bonny Island to the main­land for the first time un­derscores our commitment to innovation and national development.

“We remain focused on fostering constructive en­gagement with all stake­holders to ensure the time­ly and successful delivery of the Bodo-Bonny Road, a project critical to Nige­ria’s economic and social advancement and a corner­stone for the long-term de­velopment and prosperity of the Niger Delta.”

In another related development, Julius Berger apologizes for shunning Senate’s invitations regarding the investigative hearing on the Odukpani-Itu-Ikot Ekpene Road;

femisplash:
https://independent.ng/bodo-bonny-road-project-julius-berger-reaffirms-commitment-to-successful-delivery/

[b]
https://leadership.ng/abandoned-projects-julius-berger-apologises-to-senate-for-shunning-summons/

chrisifeanyi:
That road is more important than coastal nonsense

forgiveness:
Once the bridge connects Bonny Island from mainland. Bonny Island will develop like Victoria Island.

AllenSpencer:
How much is a plot of land on that Island? You have an idea?

zero8zero:
O boy.. this is the first time ever that JB will publicly apologize for failing to meet delivery timeline. Things don dey change o, na oyinbo dey fear us now. Jagaban you do this one.

Mckraz01:
They can't try not to deliver in their various countries. But since we're "shitholes" anything goes abi...

Our leaders better standup o... All these insults are getting too much

okuwehcris:
The major truth is that a professional engineer is incharge of the affairs and he cannot be bamboozled with excuses. If it's a lawyer or someone alien to the engineering profession, they can use engineering terms to confuse him. If oga at top is not complaining, the directors will keep quiet thinking the minister has collected money from the contractor.

In this case, the minister is an engineer, therefore he will not accept flimsy excuses as the foreign contractor usually does thinking they have all the connection

forgiveness:
Once the bridge connects Bonny Island from mainland. Bonny Island will develop like Victoria Island.

chrisifeanyi:
That road is more important than coastal nonsense

femisplash:
The foreign contractors are now getting the memo, Umahi is squeezing the larger-than-life ego out of their balls. We must redefine our budget performance. Kudos to Engr David Umahi.

forgiveness:
Once the bridge connects Bonny Island from mainland. Bonny Island will develop like Victoria Island.

femisplash:
The foreign contractors are now getting the memo, Umahi is squeezing the larger-than-life ego out of their balls. We must redefine our budget performance. Kudos to Engr David Umahi.

zero8zero:
O boy.. this is the first time ever that JB will publicly apologize for failing to meet delivery timeline. Things don dey change o, na oyinbo dey fear us now. Jagaban you do this one.

forgiveness:
Once the bridge connects Bonny Island from mainland. Bonny Island will develop like Victoria Island.

femisplash:
The foreign contractors are now getting the memo, Umahi is squeezing the larger-than-life ego out of their balls. We must redefine our budget performance. Kudos to Engr David Umahi.