The Federal Ministry of Power, Works and Housing has announced that Julius Berger Nigeria Plc has finally suspended work on the Lagos-Ibadan Expressway.
The sad development was not unconnected with delays in the payment of agreed contract fees for work already done.
Checks have shown that the contractor handling the reconstruction and expansion works on the Section II from the Sagamu interchange to Ibadan, Reynolds Construction Company Nigeria Limited, with Contract No. 6205, had suspended further work on the project due to an outstanding debt of N8.94bn.
Make Money Online in Nigeria... Click HERE To Start Now!