The Federal Government, through the Ministry of Works says it has over four hundred billion naira ready for contractors.
The Minister of Works, David Umahi, disclosed this, while meeting with contractors handling road dualisation projects and zonal directors of the ministry at its office in Abuja on Thursday.
Umahi said he had also come up with a performance bond, which meant that all new projects would be guaranteed for 10 years, warning contractors that he would not listen to stories of failures on the roads due to overloading.
Speaking through the Director of Information, Press and Public Relations Unit, Blessing Lere-Adams, Umahi, further urged the contractors to stick to one lane if their job had not gone up to 50 per cent completion adding that they to cooperate with him in building roads with concrete technology as it was done both in India and Singapore.
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