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Home Economics Real Estate

Contractors Shades Umahi, Says The Delay In Payment Reason For Untold Hardship

Simon Osuji by Simon Osuji
September 22, 2023
in Real Estate
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Contractors Shades Umahi, Says The Delay In Payment Reason For Untold Hardship
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Some aggrieved contractors handling projects under the Federal Ministry of Works have urged the minister, David Umahi, to pay them money for jobs completed as the delay in payment was causing them untold hardship.

The Office of Accountant General of the Federation had recently released N57 billion for contracts funded through the national budget.

Such monies are released on a monthly basis in line with World Bank’s bottom-up policy where details of all works completed are always sent to the office of the Accountant General which, in turn, releases money for payment.

AFRICA HOUSING SHOW 2024-Umahi
AFRICA HOUSING SHOW 2024

Speaking to journalists yesterday in Abuja, the contractors claimed that such payments are being made to contractors who handled projects in different MDAs, except the Ministry of Works.

Bolarinwa Akinpelu who spoke on behalf of the contractors wondered why the case of the Ministry of Works is different even as he appealed to President Bola Tinubu to direct Umahi to pay the contractors without further delay.

READ ALSO: N7tn required to reconstruct South-East roads – Umahi

He said, “We collected loan facilities for these projects and need to pay back. Now that the projects have been delivered with a certificate of completion made available, why is Umahi delaying the payment since he has received the money from the AG’s office?”

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