BREAKING: FG Owes 3,504 Contractors – Fashola

The Minister of Works and Housing, Mr. Babatunde Fashola, on Thursday has announced that his ministry owed 3,504 contractors handlings its various housing projects, about N69.9bn.

Fashola disclosed this when he appeared before the joint National Assembly Committee on Housing, to defend his 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.

Details later

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