Wike Slams Officials over ICC Contract’s Subletting

FCT Minister Nyesom Wike yesterday raged with some top FCTA officials after reports emerged that, Julius Berger, the contractor handling the renovation of section of the International Conference Centre (ICC) had outsourced a section of the contract without his consent.

He let out anger when he heard that the contract for the conference hall had been sublet to another contractor by the Abuja Investments Company Limited (AICL).

The minister later disclosed he had invited Julius Berger, the Executive Secretary of the FCDA and the MD of the Abuja Investments Company Limited to unravel the mystery behind the act, warning he would not hesitate to wield the big stick if anybody is found culpable.

He stated: “You would see that we were at the ICC, the work is going as expected. The only problem which we identified this afternoon has to do with the furniture that will be in the conference hall.”

“I was surprised to hear that there is a different contractor for that, which is unacceptable to us.

“The job was given to Julius Berger entirely. I cannot have different qualities. We cannot say that the floor up is furnished by Julius Berger and down is furnished by another company. It is not acceptable to me. 

“I have invited Julius Berger, I have invited the Executive Secretary of the FCDA and the MD of the Abuja Investments Company Limited to know who did that, and if anybody is found culpable, of course, I must have to apply the big stick.

“Nobody should be a sacred cow. Nobody can do something that you know is not in terms with what we have agreed. 

“I am not doubting the quality of work there. What I have said is that the quality of work generally is very fine. How they removed the furnishing of the conference hall from Julius Berger is what I do not know. And so, that is why I summoned the Acting ES, FCDA, and the GMD of Abuja Investments Company Limited and Julius Berger, to come and tell us who did that, and also on whose approval, because I approve and I know the amount of money”.

He, however, expressed optimism about the ability of the contractors to meet the deadline given that available security reports said they were working round the clock.

​  

  • Related Posts

    Report Any Suspected Illegal Investment Scheme to Us, SEC Urges Nigerians

    Report Any Suspected Illegal Investment Scheme to Us, SEC Urges Nigerians

    Ndubuisi Francis in Abuja 

    The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investments scheme to the commission for proper investigation and necessary action.

    The commission said this in a notice issued on Thursday to the investing public with a warning that ponzi investment schemes posed great danger to the growth of the capital market.

    In its latest advisory, coming against the backdrop of the CBEX saga, SEC warned the public about the growing threats and risks posed by Ponzi schemes, illegal investment operations, and unregistered digital assets platforms.

    It explained that fraudulent entities and individuals have continued to exploit unsuspecting investors through deceptive promises of high returns, often leveraging the allure of digital assets to create an erroneous perception of legitimacy.

    “The public is strongly advised to be wary of investment opportunities that promise guaranteed or unusually high returns with little or no risk.

    “These include unregistered platforms offering cryptocurrency investments, forex trading, or blockchain-based schemes, without subjecting themselves to the prescribed processes for obtaining the prior approval of the SEC.

    “The SEC reiterates in this regard that ‘If it sounds too good to be true, it likely is’,” it stated.

    The commission urged potential investors to conduct thorough due diligence before investing and should verify the registration status of the company or individual offering the investment through the SEC’s website.

    The SEC explained that Section 196 (3) of the Investments and Securities Act, 2025 criminalises the promotion and operation of prohibited/unregistered schemes.

    “This violation is punishable upon conviction by a fine of not less than N20m or a prison term of 10 years or both,” the commission warned, adding that it is fully committed to identifying and prosecuting offenders to the full extent of the law.

    “We encourage the public to partner with the SEC to safeguard the integrity of the investment environment in Nigeria by promptly reporting suspected illegal investment schemes to the SEC,” the notice concluded.

    ​  

    Ndubuisi Francis in Abuja  The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investments scheme to the commission for proper investigation and necessary action. The

    Airlines Continue Flight Operations Despite Strike by NIMET

    Airlines Continue Flight Operations Despite Strike by NIMET

    Chinedu Eze

    Some domestic airlines have continued flight operations despite the strike embarked by the workers of the Nigeria Meteorological Agency (NIMET), which is the agency that provides weather reports to airlines.

    Domestic airlines including Ibom Air, United Nigeria Airlines, Aero Contractors, Arik Air have continued to operate but on Thursday, Air Peace announced that it would suspend flight service due to the strike by NIMET.

    However, THISDAY gathered that apart from domestic airlines, foreign airlines are also operating into Nigeria, as indicated by flight radar, which captures all aircraft operating in the airspace globally) on Thursday morning.

    Flight radar showed aircraft flying in Nigeria airspace, including flights en-route Lagos, Kano and Port Harcourt, both domestic and aircraft operated by international carriers.

    United Nigeria Airlines on Wednesday announced that it was not shutting down operations and expressed its unwavering commitment to “ensuring the safety, comfort, and confidence of its passengers during this period of uncertainty.”

    THISDAY spoke to an operator who is also a pilot and he said that weather report from NIMET is advisory; that airlines have other sources of information on weather conditions in the airspace, disclosing that he has weather station, which provides him all the needed information. He said that as a pilot, he refers to NIMET weather report for comparison.

    He also noted that it was at the discretion of the pilot to decide whether to fly or not to fly in reception of weather report because the size of the aircraft, the ability of the aircraft determine whether a pilot should fly in any weather condition.

    “A pilot may decide to request for special VFR (Visual Flight Rule) if he feels that he can fly despite inclement weather report. That is why the weather report from NIMET is advisory,” he said.

    Speaking in the same vein, the Managing Director of Aero Contractors, Captain Ado Sanusi, told THISDAY that the airline was operating, noting that international airlines were also coming to Nigeria and landing, so also are domestic airlines, adding that no pilot can take-off without getting the basic information to ensure that there is no hazard in the fight.

    “International airlines are coming and we are operating. We have en-route radar and we know what the weather is en-route. Every pilot must have that. So, what we need is destination weather but we can also get that from PIREP (Pilot Report). Pilots are trained to read weather; to know wind direction and speed and ground temperature. So, we are flying and international airlines are also coming,” he said.

    ​  

    Chinedu Eze Some domestic airlines have continued flight operations despite the strike embarked by the workers of the Nigeria Meteorological Agency (NIMET), which is the agency that provides weather reports

    Leave a Reply

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

    Business & Economy

    Transcorp Power reports N43.283 billion pre-tax profit in Q1 2025, up 50.43%

    DMO allots N4.34 billion in April 2025 FGN savings bonds   

    Why Taking a Loan in Nigeria Still Feels Risky

    Court orders arrest, remand of 6 CBEX promoters over alleged $1 billion scam targeting Nigerian victims

    Nigerian Manufacturers Are Cashing Out More Than Ever — Muda Yusuf Explains Why

    Global public debt to surpass 100% of GDP by 2030 – IMF 

    Abdulsamad Rabiu loses $406 million amid market fluctuations 

    Lafarge Africa delivers strong Q1 growth as sales revenue grew by 80%, operating profit improves 137%

    FG to seize mortgaged property of retirees over unpaid housing loans

    Aliko Dangote loses $397 million in 1 day  

    Energy Drink Controversy: Two Nigerian beverage makers battle in court

    Energy Drink Controversy: Two Nigerian beverage makers battle in court

    CWG declares 39 Kobo dividend as profit soars by 428% in 2024 

    Afreximbank opens applications for 2025 internship program, to pay $1,000 per month  

    Mandatory drug test for corps members not punitive, aims to curb substance abuse – NDLEA Chairman

    All-Share corrects back to 105,000 as trading volume spike; ABCTRANS and VFDGROUP top advancers  

    OgaCash launches to redefine digital lending in Nigeria 

    Craneburg EKSG Celebrates Signing Ceremony of the N32.5 Billion Infrastructure Bond to Transform Ekiti’s Road Network  

    OPay Extends 1.2 Billion Naira 10-Year Scholarship to Kwara State Polytechnic 

    World Bank launches investment lab implementation phase, focuses on Jobs in infrastructure, energy, health 

    Health Insurance: Kwara to begin enrolling individuals with Tuberculosis, HIV starting June 12 

    Guinea Insurance Q1 2025 pre-tax profit grows by 37% as quarterly revenue reaches N706 million 

    Jimoh Ibrahim Seeks Effective Data Usage for Africa’s Development at IMF Meetings

    From Lagos to Kano: Blakskill and Sightsavers Set First and a New National Standard for Inclusive Employment for PWDs in Nigeria

    Transforming Education: Grooming the Next Generation of Payment Professionals in Africa 

    FBI report reveals crypto investment scams accounted for $5.8 billion of 2024 fraud losses 

    IMF warns Nigeria on inefficient spending, calls for prudent fiscal reforms to foster economic stability 

    US indicts Nigerian, Oladapo Fadugba for $690k scam, false naturalization claim 

    Nigeria’s Carbon Market Policy to unlock $2.5 billion in investments by 2030 – Tinubu 

    NITDA to engage startups, VCs, and enablers at Startup Consultative Forum on April 28 

    EFCC alerts Nigerians about ‘fake land vendors’ in multi-million Naira fraud, arrests suspect in Abuja 

    Elon Musk’s Neuralink to raise $500 million at $8.5 billion valuation—Report  

    FG to relaunch school feeding programme in May, 10 million children to benefit

    China warns countries against US trade deals that undermine its interests 

    Mark Zuckerberg offloads $733 million worth of shares in Q1 2025 

    NRC says Warri-Itakpe line repaired but service remains suspended for safety measures 

    FG targets 4,000MW grid expansion by 2026 through EPC engagement – Adelabu