Politics
Just In: FG Initiates Six Contract Review Committees To Address N1.5 Trillion Debt For Road Projects
The Minister of Works, David Umahi, has established six committees to authenticate the N1.5 trillion debt incurred by the federal government for road construction, expressing concern about the previous administrations’ failure to address it….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

These committees, assigned to the geopolitical zones, are mandated to scrutinize all outstanding certified certificates’ debts generated both before and after May 29th, 2023.
In a statement released on Saturday, December 9, the minister’s chief press secretary, Uchenna Orji, revealed that the committees were formed after a budget defense session between the minister and the ministry’s directors, in preparation for the defense of the 2023 and 2024 budgets before the National Assembly joint Committee on Works. During the session, Umahi reaffirmed the Ministry’s commitment to road infrastructure development in line with President Bola Tinubu’s Renewed Hope agenda.
Orji stated that the minister expressed concern over substantial debts stemming from unpaid certificates inherited from the previous administration, totaling a current amount of N1.5 trillion.
Emphasizing the necessity for contract review in light of inflation, the minister urged contractors owed by the Federal government to engage the Committee specific to their zone for a thorough review of their concerns. Both factors were identified as crucial issues requiring resolution for progress.
The statement reads in part: “The committees will also review the approved and unapproved variation of prices and all augmentations that were approved or are yet to be approved and make recommendations to the Ministry’s management.
“The Ministry has exposed these debts and all reviews in the Ministry to Mr. President’s economic team and also to the Federal Executive Committee on road sector funding.
“It is believed that the internal works through these constituted committees will help them to use external consultants to re-verify the works so that concrete decisions will be made to move the Ministry forward.
“Contractors who are being owed are requested to approach these committees with all documents to back up their claims from Tuesday 12th, 2023, to Friday, 22nd of December 2023, from 9 am to 7 pm at the Honourable Minister’s Conference Room, 1st floor, Federal Ministry of Works, Headquarters, Mabushi Abuja.
“The Minister again thanked Mr. President very highly as well as the National Assembly and pledged their commitment to using judiciously whatever fund allocated to the Ministry, and such funds must impact on the road infrastructure improvement.”
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