FG: Despite Issues with NNPC-funded Road Projects, Payments ‘ll Be Made

Umahi directs all contractors, field officers to return to site

Emmanuel Addeh in Abuja

President Bola Tinubu through the Federal Ministry of Works, has  intervened in the ongoing concerns surrounding the potential discontinuation of funding for road infrastructure projects under the Nigerian National Petroleum Corporation Limited (NNPC) Tax Credit Scheme.

Speaking during a high-level engagement at the ministry’s headquarters in Abuja with the affected contractors, the Minister of Works, David Umahi, relayed Tinubu’s message, reaffirming the administration’s commitment to infrastructure development. 

He assured stakeholders of continuous funding and guaranteed that no project would be abandoned, a statement in Abuja by the Director of Information and Public Relations at the ministry, Mohammed Ahmed, stated yesterday.

Addressing the issue of unpaid certificates under the NNPC Tax Credit Scheme, the minister moved to dispel fears within the contractors’ community, clarifying that the majority of projects under NNPC’s funding will remain unaffected.

Furthermore, he assured the contractors, particularly those working on concession-bound roads, that before such projects are handed over to prospective concessionaires, who have proof of funds and capacity to perform, all debts and outstanding entitlements to such contractors will be fully paid.

Umahi directed that all contractors and field officers return to site and resume work immediately. 

He emphasised that updated project documentation, including revised scopes for critical corridors like the Lokoja–Benin dual carriageway and all other projects must be submitted within seven days. He warned that inaccurate data submissions could result in project misinformation and delays in execution.

On the issue of unpaid certificates, the minister stressed the need for accurate reconciliation of certified amounts with payments received, including Value Added Tax (VAT), other taxes, and 5 per cent retention fee, which remain a part of the contractors’ entitlements. 

He revealed that the ministry was actively engaging with NNPC to clear all outstanding verified certificates earned before  August 1, 2025.

Umahi informed all contractors of NNPC projects that the President has approved that funding of such projects from August 1, 2025 will continue on a new sustainable funding mechanism, and that all such projects must continue.

To ensure proper oversight and accountability, Umahi constituted a committee with representation from the Directors of Highways, Construction and Rehabilitation (C&R), Highways, Bridges and Design, Press and Public Relations, and Public Procurement to collate and verify all necessary information within the stipulated deadline. 

He further announced that Zonal Directors, Federal Controllers of Works, and Contractors will be deployed across the six geopolitical zones for physical inspections of ongoing projects and commissioning of completed palliative projects with the full participation of members of the Nigerian Union of Journalists (NUJ).

Reiterating the ministry’s zero-tolerance stance on financial misconduct, the  minister ordered that all projects exceeding N10 billion be reported separately from those below to enhance transparency. Any unresolved payment issue or financial discrepancy after the seven-day deadline, he said, will be escalated.

Concluding the meeting, Umahi called on all stakeholders to treat their respective assignments as a golden opportunity to anchor Nigeria’s infrastructure revolution under the current administration.

“We are building with integrity, accountability, and in the best interest of the Nigerian people.  Let the public, press, and the National Assembly inspect our work, and let us publicly hear from them,” he added.

The post FG: Despite Issues with NNPC-funded Road Projects, Payments ‘ll Be Made appeared first on THISDAYLIVE.

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    * Says he had a productive lunch with French leader

    Deji Elumoye in Abuja 

    President Bola Tinubu on Wednesday afternoon met over lunch with his French counterpart, Emmanuel Macron, at the Élysée Palace in Paris, France.

    The president, who made the disclosure via his verified X handle, @official ABAT, declared that he had “a productive lunch with President Emmanuel Macron @EmmanuelMacron today at the Élysée Palace”.

    President Tinubu further stated in his X handle: “We reviewed key areas of cooperation between Nigeria and France and agreed to deepen our partnership for mutual prosperity and global stability.”

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    * Says he had a productive lunch with French leader Deji Elumoye in Abuja  President Bola Tinubu on Wednesday afternoon met over lunch with his French counterpart, Emmanuel Macron, at
    The post In Paris, Tinubu Reviews Nigeria, France Bilateral Relations With President Macron appeared first on THISDAYLIVE.

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