The Federal Ministry of Power, Works and Housing said on Sunday that Julius Berger Nigeria Plc had finally suspended work on the Lagos-Ibadan Expressway as a result of delays in the payment of agreed contract fees for work already done.
Saturday PUNCH had reported 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.
The RCC had in a letter addressed to the Minister of Power, Works and Housing, Babatunde Fashola, and dated June 2, 2017, called his attention to the worsening financial situation of the project and pleaded for his intervention in order to ensure the continuation of work on the site.
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