Welcome to Voice of Nigeria Forum

Contractors abandoned 129 projects despite payments – BudgIT - Voice of Nigeria Forum

Contractors abandoned 129 projects despite payments – BudgIT - Buzzyforum

Contractors abandoned 129 projects despite payments – BudgIT

Profile Picture by BishopNuel at 12:41 pm on January 31, 2025
A new report by Tracka, BudgIT’s service delivery monitoring platform, has revealed that 129 projects were abandoned despite contractors receiving payments totalling N3.9bn from the Federal Government.

The report, titled “Achieving National Development through Efficient Service Delivery,” was unveiled on Thursday in Abuja and raises concerns about the lack of accountability in Nigeria’s public project execution.

According to a press statement issued after the launch, the report detailed that N2.4bn was disbursed to 17 contractors for 15 projects across nine states, yet work never commenced at these sites.

Among the highlighted cases was the N401m payment to Mainstream Contractors in December 2023 under the Federal Ministry of Works and Housing for the rehabilitation of the Welcome-Nasarawa-Farewell road in Nasarawa State.

https://punchng.com/contractors-abandoned-129-projects-despite-payments-budgit/
Topic Image

Comments

No comments yet. Be the first to reply!

( Login to Reply )