News
Obajana-Benin road: FG terminates contract with Mothercat, RCC for non-performance
By Francesca Hangeior
The Federal Government has terminated its contracts with Mothercat, RCC and Dantata & Sawoe for non-performance on the dualisation of the Obajana-Benin road project sections two, three and four.
The Minister of Works, David Umahi, made this known in a statement by his Special Adviser on Media Uchenna Orji, on Monday In Abuja.
Umahi said that the contracts were terminated due to delay leading to the expiration of the contract which was awarded on Dec. 3, 2012.
”The Federal Ministry of Works has terminated contract numbers 6136, 6137 and 6138 with Mothercat Ltd, Dantata & Sawoe Construction Ltd and RCC Ltd respectively.
”The projects affected by this termination are the dualisation of Obajana – Benin road and section II, (Okene – Auchi) in Kogi/Edo.
”Others are the dualisation of Obajana – Benin road, section III (Auchi – Ehor) and the dualisation of Obajana – Benin road section IV (Ehor – Benin) both in Edo.
”The termination of the said contracts became necessary in view of the inordinate delay of the affected companies in job performance,’’ he said.
Umahi said that it was also due to their failure, neglect and or refusal to fulfil their contractual obligations as required by the standard conditions of contract.
”This has affected the timely completion of the projects, which has resulted in the expiration of the contracts by effluxion of time.
”The projects which were awarded on Dec. 3 2012 were advertently abandoned by the contractors and no genuine commitment or good faith was shown towards executing the projects after accepting the considerations offered by the Federal Government.
”This thereby is exposing the road users to untold hardship due to the deplorable condition of the projects,’’ he said.
Umahi also said that engineers in charged, have therefore been directed to take the necessary steps to do the needful and arrange with the affected companies for a joint measurement of work done so far.
”The Federal Ministry of Works under my watch will not condone acts of unseriousness and sabotage by contractors whose plan is to become a clog in the wheel of progress of the Renewed Hope administration.
”Going forward, the government will not hesitate in terminating all projects that are funded but are non-performing,’’ he said.
News
Reps Quiz Federal Polytechnics Damaturu, Mubi, Monguno Over Infractions
By Gloria Ikibah
News
Obasanjo narrates how he escaped becoming drug addict
Former President Olusegun Obasanjo has revealed how he almost became a drug addict.
He spoke in Abeokuta over the weekend at the second edition of ‘Fly Above The High’ anti-drug campaign conference organised by the Recovery Advocacy Network.
Obasanjo stated that smoking during his youthful age led to chronic coughing and almost became an addiction.
The former President, while lamenting the increase in drug abuse among Nigerians and other West Africans, urged Nigerian students and young people to refrain from abusing psychoactive drugs, saying that they ruin life rather than enhance it.
“If I had persisted, I could have become addicted. Once you get involved, it is difficult to get out.
“There’s nothing drug can do for you except destruction.
“We found out that West Africa has equally been a centre for drug consumption in a very bad way. That was more than 10 years ago, so the situation has since gone worse. And whatever applies to West Africa applies to all other parts of Africa,” Obasanjo said.
He cautioned against stigmatization and urged individuals who are already addicted to psychoactive drugs to get help.
News
We saved $20bn after Petrol Subsidy Removal and FX Rate Reforms, Says Finance Minister
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria has saved $20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate.
Edun spoke at a ceremony recently held to mark the first 100 days in office of Esther Walso-Jack, head of civil service of the federation, in Abuja.
“An amount of five per cent of GDP is what those two subsidies were costing when there was a subsidy on PMS; when there was petroleum product generally for a long time and when there was a subsidy of foreign exchange. Between them, they were costing five percent of GDP,” he said.
“If you say GDP was on average, let’s say $400 billion. We all know what five percent of that is – $20 billion of funds that could be going into infrastructure, health, social services, education.”
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