News
NDDC owes 8,000 contractors
By ANDREW OJIEZEL
The Acting Managing Director of the Niger Delta Development Commission (NDDC), Mrs Ibim Semenitari, has disclosed that the commission owes about 8,000 contractors executing various projects for it.
Semenitari who made this known, while conducting a delegation of a US-based Centre for Strategic International Studies (CSIS) from the Washington DC, round a 233-bed mother and child specialist hospital in Port Harcourt, Rivers State, on Friday.
She, however, did not disclose the exact amount the commission was owing the affected contractors.
The Niger Delta Region Specialist Mother and Child Hospital is a joint project between the interventionist agency and the Rivers State government.
The cost of the project was reviewed up to N1.9 billion from its initial estimated contractual value of N791 million to accommodate some expansion in its scope.
The NDDC acting MD however assured that the contractors would be paid, but added that such would be done with the expectation that they would return to sites, demonstrate enough commitment and complete the projects on time.
-
Latest1 week agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business5 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Business5 days agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Business4 days agoNigerian AI researcher champions ethical artificial intelligence at COPA AI 2026 summit in Wales
-
Latest1 week agoOyo APC berates Makinde over call for UN probe into Oriire school rescue
-
Business5 days agoCBN launches real-time FX tracker for BDCs, tightens oversight of FX market
-
Business5 days agoFood prices now biggest threat to inflation, beyond CBN’s reach – Analysts
-
Latest6 days agoKwankwaso calls for renewed North–South-East Political alliance ahead of 2027


