ABUJA-KADUNA-KANO HIGHWAY: FG Contemplates Terminating Julius Berger’s Contract…see details

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CBN

The Federal Government is considering the termination of Julius Berger’s contract due to ongoing disputes regarding pricing for the Abuja-Kaduna-Kano highway project.

 

The Federal Government has encouraged Julius Berger (Nig) Plc to embrace the N740.7 billion allocated by the Federal Executive Council (FEC) for the completion of the outstanding segment of the Abuja-Kaduna-Kano highway.

 

CBN

During a meeting with Julius Berger (Nig.) Plc, represented by Engr. Banjamin Bott, the Executive Director of Projects, Minister of Works Engr. David Umahi emphasized this point.

 

He said, “We have written to the President to approve that if JBN Plc does not accept the N740 billion, we will terminate the contract. We have terminated some of their jobs because we’ve been negotiating sometimes 12 months, 13 months. There must be an end to negotiation.”

 

“We are ready to pay you (JBN Plc) even fresh mobilisation, just to underscore the interest of the President on this project. So, we are appealing and begging you that by Monday, you should be able to sign the addendum to the contract.”

 

Source: X/Imranmudhz

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