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Contracts

Umahi: Road projects below N20bn to be reserved for local contractors

David Umahi, the Minister of Works, says henceforth, all federal road projects valued at less than N20 billion will be awarded exclusively to indigenous contractors. Umahi made the announcement on September 9, 2025, during an inspection of the East-West Road dualisation (Section IIIA) from Eleme Junction to Onne Junction in Rivers State. “Going forward, in […]

VAT on contracts signed earlier than Feb.1 remains 5% – FEC

Garba Shehu Presidency

The Federal Executive Council (FEC) has resolved that Value-Added Tax (VAT) on contracts signed earlier than Feb.1 remains 5 per cent. Malam Garba Shehu, Senior Special Assistant, Media and Publicity to the President, briefed State House correspondents after FEC meeting presided over by President Muhammadu Buhari on Wednesday at the Presidential Villa, Abuja. Shehu gave […]

Serie A could shut down if player contracts coronavirus

The President of Italian Football Federation, Gabriele Gravina, has refused to rule out the suspension of Serie A if a player tests positive for the coronavirus. The Italian government has ordered all sports competitions to be played behind closed doors until April 3. This is part of the bid to control the spread of the […]

NDDC kicks off Audit, inaugurates Contracts’ Verification C’ttee

The Niger Delta Development Commission (NDDC) has inaugurated a 50-member Contracts’ Verification Committee to confirm and document projects and contracts in the nine Niger Delta states, as part of the process to redirect the Commission’s activities. Inaugurating the committee at the NDDC headquarters in Port Harcourt, the Acting Managing Director, Gbene Dr. Joi Nunieh, said […]

April deadline: Ebonyi Govt threatens to sack erring contractors in 13 LGAs

Ebonyi state government has threatened to revoke any of the contracts awarded for upgrading of the 13 General Hospitals in the Local Government Areas (L.G.As) should any of the contractors fail to complete the project at the end of this month. The Commissioner for Health, Dr. Daniel Umezurike disclosed this during the weekend on the […]

Kachikwu lied – NNPC

nnpc

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr Mainkanti Baru, has claimed that the minister of state for petroleum, Dr Ibe Kachikwu, lied about not being involved in the contracting process. “Furthermore, contrary to the assertion of Dr. Kachikwu that he was never involved in the 2017/2018 contracting process for the […]

Chronic disrespect for sanctity of contracts: An impediment to infrastructural development in Nigeria

The National Economic Council, Nigeria’s highest economic decision making body, rose from its meeting on September 22, 2016, with a battle plan to salvage the dwindling economic fortunes of the erstwhile biggest economy in Africa. Key among the resolutions reached were the sale of government assets and the adoption of infrastructure concession to tackle the […]