‘We Will Terminate The Contract’

‘We Will Terminate The Contract’ …C0NTINUE READING HERE >>>

The Federal Government has threatened to revoke the contract of Julius Berger (Nig.)Plc, due to a price dispute.

Henzodaily reports that the Minister of Works, David Umahi, made this known during a meeting with Julius Berger (Nig.)Plc, represented by its Executive Director, Projects, Engr. Benjamin Bott.

Umahi urged Julius Berger to accept the N740.7 billion approved by the Federal Executive Council (FEC) to complete the remaining section of the Abuja-Kaduna-Kano highway.

According to the Minster, the Federal government has paid N391 billion, while the newly reviewed price means the…

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