FG to complete roads funded through NNPC
The Federal Government has emphasised its allegiance to the quick actualization and delivery of all roads finald under the Nigerian National Petroleum Corporation’s (NNPC) Tax Credit Scheme.
Folorunso Esan, Director of Highways, Construction and Rehabilitation, declared this during the inspection of phases I and II of the Suleja-Minna Highway and reconstruction of the expanded Lambata-Lapai-Bida Road in Niger State being financed under the NNPC Tax Credit Scheme.
According to Esan, the Federal Government has discharged sufficient fund to the contractors through the governance process founded to secure prompt delivery of the projects, adding that no contractor has any reason not to deliver the projects as scheduled.
Nexus News recall that during the presentation of cheque for the 21 roads by the NNPC on December 21, 2021, Minister of Works and Housing, Babatunde Fashola, said a governance process was being put in place and that required the ministry to do certification of the job certificates within five days.
He also noted that as soon as the certificates were authorized, they would be submitted to the NNPC, which would be expected to pay the contractors within 30 days and that the staff of the ministry had certain number of days within which to act to certify the certificates.
Furthermore, Fashola ascertained that all the unpaid certificates that were in existence before the scheme was approved and all the certificates that budget provisions were inadequate to pay would be paid, as from the contract signing with the NNPC.
He added that there would be money to pay the contractors, who would in turn pay their suppliers of construction materials in the chain of distribution of wealth across the divide.
