Wike shocked after discovering N50 billion to N200 billion contract variation in FCT | The Guardian Nigeria News

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Wike shocked after discovering N50 billion to N200 billion contract variation in FCT | The Guardian Nigeria News
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Federal Capital Territory (FCT) minister, Nyesom Wike, on Thursday condemned the abuse of contract variation in the territory and pointed out the specific case of Ushafa-Bwari Road contract which varied from N50 billion to N200 billion, saying it is unacceptable. The Minister who threatened to overhaul the engineering services of the Federal Capital Development Authority […]

Federal Capital Territory minister, Nyesom Wike, on Thursday condemned the abuse of contract variation in the territory and pointed out the specific case of Ushafa-Bwari Road contract which varied from N50 billion to N200 billion, saying it is unacceptable.

As I speak to you, we have paid almost N50bn, what is outstanding from what the man in charge has said is N900m, and now the N900m will not be enough to complete the job that they have done about 90percent and thereby we move to another variation. This is what we are not going to accept” The Minister who said he would commence repair of major roads within the capital city next week hinted that the projects will be financed through Internally Generated Revenue of the FCTA

“We just heard it now that it has not been awarded fully. Just a mere letter of intent to the contractor since August, last year .

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