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Nairaland Forum / Nairaland / General / Politics / Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor (672 Views)
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Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by abc115: 6:45pm On Jul 08, 2018 |
The Federation of Construction Industry (FOCI), said on Sunday that the federal government has cleared more than half of the outstanding debts owned to many of its members. Chairman of FOCI, Nasiru Dantata, who made this known in an interview with the News Agency of Nigeria (NAN) in Abuja, said that the federal government had paid more than half of the money owed its members. Speaking on the sidelines of the 62nd Annual General Meeting of the Federation, Mr Dantata said that the federal government did not just stop at payment for past contracts but was also awarding new contracts. According to him, FOCI had moved on from the bad situation it found itself. “Actually for now the situation is different, most of our members have gotten a substantial amount of their outstanding debts paid and also many of our members are being patronized by the current administration on new jobs. “I do not have the accurate figure because not all construction companies are members of FOCI, but from the over N300 billion we presented to this administration, I believe more than half have been paid. “Our members are now busy working on many projects. “Some of the jobs are quite big, like the 375km Abuja-Kano road. So we are hopeful this will continue. In 2015, FOCI disclosed that the government owed its members over N500 billion, claiming that one company alone was owed N70 billion. https://www.premiumtimesng.com/news/more-news/275428-half-n300bn-owed-construction-firms-by-nigerian-govt-have-been-paid-contractor.html 4 Likes 2 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by MANNABBQGRILLS: 6:47pm On Jul 08, 2018 |
The Federation of Construction Industry (FOCI), said on Sunday that the federal government has cleared more than half of the outstanding debts owned to many of its members. In 2015, FOCI disclosed that the government owed its members over N500 billion, claiming that one company alone was owed N70 billion. This is massive. They shared all these monies among themselves. They keep oppressing the masses. It's appaling why the brainless youths still support these evils that are out to destroy their lives. 5 Likes 4 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by GavelSlam: 6:50pm On Jul 08, 2018 |
PDP's plan was to bankrupt the country and equally as important was to bankrupt the construction companies. The companies were owed half a trillion Naira. A single company owed 70 Billion Naira. 8 Likes 2 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by NwaNimo1(m): 6:51pm On Jul 08, 2018 |
Debts from 2015? |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by madridguy(m): 6:52pm On Jul 08, 2018 |
Sai Baba is working Wailers are wailing 7 Likes 2 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by ArmedRobber: 7:55pm On Jul 08, 2018 |
gosh what did jonathan led govt do with oil boom money and still left huge debt for the sucessive govt ![]() 3 Likes 1 Share |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by ORIENTATION101: 8:05pm On Jul 08, 2018 |
I cant imagine the kind of economic disaster that will befall nigeria if jonathan continue as president .how can you supervised the raping of nigerias fortune under your watch. His govt made 51 trillions out of all time 96 trillions nigeria made as at 2015. Yet you still owed contractors almost half a triliion naira. Where re all these projects that was paid for during oil boom. Jonathan planted the seed of recession watered it and gave it to buhari govt. 7 Likes 1 Share
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Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by mobaking: 8:17pm On Jul 08, 2018 |
U will not see wailers here,just write about evil happening in nigeria,they will fly in like wizards and witches.APC and PDP will go,Nigeria will remain. 5 Likes 3 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by deji17: 8:51pm On Jul 08, 2018 |
Sai Buhari! Sai Baba!!! 2 Likes 1 Share |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by anibirelawal(m): 9:08pm On Jul 08, 2018 |
post=69197208: WAHT A HUGE RELEIF. 3 Likes 2 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by 9jaArea: 9:30pm On Jul 08, 2018 |
Wailers will avoid here like a plague 3 Likes 2 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by uba1991: 9:40pm On Jul 08, 2018 |
the useless pigs are looking for fulani thread. GOD BLESS BUHARI 3 Likes 2 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by deji17: 10:05pm On Jul 08, 2018 |
9jaArea: Wailers are useless and hopeless. Majority of them are born to wail and hate.... 2 Likes 1 Share |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by Ihateyoumod: 10:08pm On Jul 08, 2018 |
Where is salamrushdie and his fellow lovers of corruption. What have to got to say about this??... 3 Likes 3 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by FriendNG: 10:30pm On Jul 08, 2018 |
Mynd44 Lalasticlala come before the pigs arrive. 2 Likes 2 Shares |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by Sirjamo: 10:50pm On Jul 08, 2018 |
Association of wailers, you can see that this did not come from Lai Mohamed, so what do you have to say? 3 Likes 1 Share |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by MANNABBQGRILLS: 2:02am On Jul 09, 2018 |
anibirelawal:A very huge one bro. 1 Like |
Re: Half N300bn Owed Construction Firms By Nigerian Govt Have Been Paid – Contractor by deji17: 2:43am On Jul 09, 2018 |
Wailers should stop avoiding threads like this. Abi dem take bad news swear for una? News of herdsmen killings has been scarce lately and some of you have been sad ever since. If una attempt to kill anybody and lie against herdsmen, security forces will gun you guys down before asking questions. 1 Like 1 Share |
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