FG owes 3,504 contractors N69.9b – Fashola

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The Minister of Works and Housing, Mr. Babatunde Fashola, has said that the Ministry owes 3,504 contractors handling its various housing projects about N69.9bn.

Fashola said this on Thursday when he appeared before the joint National Assembly Committee on Housing to defend the Ministry’s 2021 budget estimates.

He, therefore, said the N76.4bn allocated to the Ministry in 2021 would be grossly inadequate to execute 186 projects across the country.

More details later…

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