Wike queries N85bn Wasa affordable housing contract

Wike queries N85bn Wasa affordable housing contract

202
Reach the right people at the right time with Nationnewslead. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication @ Nationnewslead@gmail.com Call or Whatsapp: 08168544205, 07055577376, 09122592273

Federal Capital Territory (FCT) Minister Barr. Nyesome Wike has queried the agreement entered into by officials of the government in the N85 billion affordable housing project in the Wasa area of Abuja.

Wike queried the agreement that the FCDA provide infrastructure while the developers build affordable housing and sell it to the masses without any benefit to the government.

He said it would have been reasonable for the government to get 10 per cent of proceeds after providing funding while the developers get 90 per cent.

“The government provides land and infrastructure, then the private sector builds and makes money while the government makes nothing; who does that?

“This arrangement is not acceptable; the government can take, say, 10 per cent, while the private sector takes 90 per cent.

“The rate is equally not affordable for the masses. We will look at all these. We will not award contracts for awarding sake.”

It was gathered that the contract for the project was given in 2014 to Gilmor Construction Company at a cost of N28 billion and was revised in 2018 to N85 billion.

So far, N21 billion has been paid, while N64 billion is outstanding. The project has so far attained 24.5 per cent completion after nine years.

At inception, the affordable houses were designed as one bedroom and two bedrooms, with the two bedrooms costing N7 million.

The minister, while on an assessment tour of the Kabusa community, where shanties were pulled down in the early hours of Monday, promised to protect the place against miscreants.

“We will not allow shanties to take over Abuja. The Development Control Department has done well. We will now protect the place so that miscreants will not return to it.

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

[VIDEO] ‘We want to go back to school’: Untold story of out-of-school kids in Ibadan

One of the kids who spoke to our reporter, Saheed Abiodun, ran away from home to look for succour in

Mixed reactions as leaked nude video of TikTok star, ‘Buba girl’, surfaces online

Social media users have continued to react differently to a trending nude video of

Why my grandfather gave Apostle Babalola of CAC the forbidden forest (Igbo Aiwo) for his first revival —Alaaye of Efon, Oba Aladejare

The Alaaye of Efon Kingdom, Obalufon Alayemore, Oba Emmanuel Aladejare, in this interview by

Goat gives birth to half-human-half-kid in Kwara

A female goat (nanny) has reportedly delivered a half-human, half-goat (kid) at the

#BBNaijaAllStars: Housemates paid N300k weekly to be on show – CeeC

Big Brother Naija ‘All Stars’ housemate, Cynthia Nwadiora, popularly called CeeC, has revealed the

AFCON 2023: NFF, Peseiro agree on contract extension

The leadership of the Nigeria Football Federation (NFF) and Jose Peseiro have reached an agreement for…


Reach the right people at the right time with Nationnewslead. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication @ Nationnewslead@gmail.com Call or Whatsapp: 08168544205, 07055577376, 09122592273



Leave a Reply

Your email address will not be published. Required fields are marked *