FG Owes 3,504 Contractors, Fashola Tells National Assembly


Babatunde Fashola

The Minister of Works and Housing, Babatunde Fashola has told the National Assembly that the N76.4bn allocated to his ministry in the 2021 budget will not be adequate.

He revealed that the federal government through his ministry is already owing 3,504 contractors handling various projects across the country the sum of N69.9bn.

Also Read: No Special Salary Structure For SWAT Officers —Minister

Fashola made the disclosure on Thursday when he appeared before the joint National Assembly Committee on Housing, to defend his ministry’s 2021 budget figures.

Fashola said: “The Housing Sector has outstanding liabilities currently to the tune of N69, 909,492,390.76.”

“If we have N69.9billion outstanding liabilities to contractors, where can a capital budget of N76billion take us?”


Online Shopping - Zuta.NG
Comment Rules Your comments must be more than 10 characters.
Multiple Comments are not allowed on this post.
You should never copy a user's comment. Affected members will be suspended for a week and earnings will be forfeited
Non thought provoking and useful comments such as awwwww, niceee, hehehehehe, hahahaha, congratulations to them etc not allowed.
You should never split one comment into multiple comments,eg A, B, C. He, Said, That.
Comment reply does not attract any earning! You can reply to comments as much as you like though.
Click here to read our Terms of Service