Tag: Contracts
-
FG okays contracts for Transmission Company of Nigeria
The Federal Executive Council (FEC) approved the procurement, design, installation, and construction contracts and projects for the Transmission Company of Nigeria(TCN) on Wednesday in Abuja. Minister of Power, Alhaji Abubakar Aliyu, told State House corres
-
Inflation: Review of contracts’ values inevitable —Okowa
Gov. Ifeanyi Okowa of Delta and Vice-Presidential Candidate of Peoples Democratic Party (PDP) has said that due to rising prices it has become inevitable for government to review contracts values upward. Okowa, who stated this during an interview with newsmen on Friday at Isheagu, said the inflationary trend informed the need for the recent review…
-
NDDC revokes 20-year-old unexecuted contracts, orders contractors to refund monies received
The Niger Delta Development Commission (NDDC) has revoked contracts awarded between 2000 and 2019 where the contractors did not move to site. “Consequently, all affected contractors are advised to note that all monies earlier received by way of mobilisation for any of the projects are to be promptly refunded. “The contractors are to refund the…
-
Ladies need to start signing relationship contracts with men-Toke Makinwa
Media personality, Toke Makinwa has opined that women should have documents signed before they agree to go into any romantic relationship. Makinwa made this known during one of the episodes of her vlog, ‘Toke Moments.’ According to her, it has become essential for ladies to have it locked in a document because of…
-
Pondei lists NDDC contracts paid under ‘duress’ before NASS members harmonized commission’s 2019 budget
The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Daniel Pondei has listed some of the contracts the Commission was allegedly coerced to pay by the National Assembly before its 2019 annual budget could be harmonized. TheNewsGuru.com, TNG reports that the commission had promised on Friday to release fresh lists of…
-
Ex-NSITF chairman allegedly paid contractors over N60b for jobs not executed
The management of the Nigeria Social Insurance Trust Fund (NSITF) has applied to a Federal High Court in Abuja to take possession of 46 properties, including houses and parcels of land in Bayelsa, Delta and Edo states as well as Abuja, seized from the agency’s ex-Chairman Ngozi Olejeme. It accused the former management board chairman…
-
Oyo: Makinde inaugurates panel to probe Ajimobi’s contracts
Oyo State Governor Seyi Makinde has inaugurated a committee to probe contracts awarded by the administration of Senator Abiola Ajimobi. The inaugurated 10-man committee, headed by the Chairman, Nigerian Society of Engineers (NSE), Oyo State chapter, Mr. Damola Falade-Fatila, is to review contracts and projects awarded by the Ajimobi’s government between 2017 and 2019. The…
-
Retrenchment: We why didn't renew contracts of affected staff – Ecobank
…says over N500m paid as severance packages and other palliative measures The management of Ecobank on Wednesday explained why it did not renew contracts of its Vendor Managed Personnel. Recall that TNG exclusively reported on Tuesday that over 1,500 staff were affected by the bank’s recent retrenchment exercise. However, the bank in a statement on…
-
FEC approves five new clean-up contracts for Ogoni land
The Federal Executive Council (FEC) has approved five more contracts for the clean up of Ogoni land in Rivers State. This was announced by the environment minister, Suleiman Hassan, while briefing journalists at the end of a seven-hour meeting of the council on Wednesday. The meeting was chaired by President Muhammadu Buhari. Mr Hassan said…