FG Allocates N1.7trn for Outstanding Contractor Payments in 2026 Budget   The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024. A breakdown of the proposed 2026 national budget shows...

FG Orders Contractors to Complete AAK Gas Pipeline by 2024 Minister of State Petroleum Resources, Ekperikpe Ekpo, has charged contractors handling the 614-kilometer Ajaokuta, Kaduna, Kano gas pipelines project not to default on the promised July/August 2024 completion deadline. Spokesperson for the Minister, Louis Ibah, in...

APC To Establish Infrastructure Bank For Contractors   The presidential candidate of All Progressive Congress (APC), Alhaji Ahmed Bola Tinubu, has promised the construction industry in Nigeria an infrastructure bank to enable them access funds easily. This is as the Minister of Works and Housing, Mr...

Fashola Says FG Owes Contractors Over N11trn   The Federal Government owes contractors about N11.16tn for the construction of various highways across the country and certificates of completion. The Minister of Works and Housing, Babatunde Fashola (SAN), who made this disclosure while defending the proposed budget of...

How Nomadic Education Commission, Contractors Siphoned About N290m In Classroom Projects In Kano state   Six briefcase companies were used by Nomadic Education Commission to divert N290 million. Two of the companies belong to the same individuals; WikkiTimes investigation revealed that the last set of schools...

TETFund Grants Tertiary Institutions Power To Sanction , Terminate Erring Contractors   The Tertiary Education Trust Fund (TETFund), has said it has recommended termination of contracts and sanctions for erring contractors handling projects in tertiary institutions benefiting from its interventions. Executive Secretary of TETFund, Sonny Echono, made...