Nigeria's Works and housing minister Babatunde Fashola (C) inspects the rehabilitation works on the Third Mainland Bridge closed for six months for maintenance in Lagos, on July 28, 2020. - The monstrous traffic jams in Lagos, Nigeria's economic megalopolis, are not new. But with the partial closure of the city's main bridge, getting around has become hell for its 20 million inhabitants. Morning and evening, during the rush hours, the entrance to Third Mainland Bridge turns into a gigantic bottleneck for cars. (Photo by PIUS UTOMI EKPEI / AFP) (Photo by PIUS UTOMI EKPEI/AFP via Getty Images)
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Minister of Works and Housing, Mr. Babatunde Fashola, said on Thursday the ministry owed 3,504 contractors handlings various housing projects about N69.9bn.
Fashola disclosed this when he appeared before the joint National Assembly Committee on Housing, to defend the ministry’s 2021 budget estimates.
According to him, the sum of N76.4bn allocated to the ministry in the 2021 budget would be grossly inadequate to execute 186 projects across the country.
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This Post: FG owes 3,504 contractors N69.9bn says Fashola was approved and published by Ancity Media Editor and may not be republished elsewhere without prior written permission from the Editor.
