x

Negotiation of N85bn Wasa housing project poor, says Wike

By Joyce Remi-Babayeju

The Minister of the Federal Capital Territory (FCT), Nyesom Wike has decried the poor negotiation of the N85 billion Wasa Affordable Housing project, in Wasa District in the FCT.

Wike expressed his displeasure when the Minister of State for FCT, Dr Mariya Mahmoud accompanied him with other government officials on a visit to the road construction site for the housing estate on Monday.

Acting Coordinator, Satellite Town Development Department, Mr Olusegun Olusan, revealed that the contract for the provision of the housing project was awarded in 2014 at N26 billion but revised to N85 billion in 2018.

Olusan who spoke to the minister said that so far, a total of N21 billion has been paid to the contractor with a balance of N64 billion, adding that the percentage of work done so far was 21.4 per cent.

The Coordinator explained government’s role in the housing scheme was to provide the land and infrastructure, while private developers build houses and sell to the masses at an affordable rate.

The conception of the project, a two-bedroom flat was to be sold to the masses at N7 million, he said.

The minister expressed his displeasure with the arrangement made by the FCT, as he questioned why government would spend N85 billion to provide infrastructure, land without any benefit.

“We are not impressed with the arrangement made by the FCT. Government cannot just cough out N85 billion in providing infrastructure and then give land out to private developers who will build and sell.”

“This kind of arrangement is not commendable at all at all. We think that the government must also participate, having provided the land and infrastructure.”

“If we are partnering with private individuals or developers, the common sense is that you provide the land, provide infrastructure and they come and develop.”

Then government for example can take 10 per cent while the developers take 90 per cent, depending on the value,” he emphasized.

According to Wike with such arrangements, the government would be able to determine the price the houses would be sold to the masses, adding that the masses would not afford N7 million for a house.

However, the minister stated that the project would be revisited for proper planning in a way that the government would benefit from the project and ensure that at the end the masses can afford the houses.

Speaking on the project delay which has being on for the past nine years and counting, the minister said that FCT would not be awarding contracts in a
frivolous manner.

“We will award contact that we know we will finish before embarking on another contract.”

Every contract is abandoned because there is no money. So, we are going to look at everything,” the minister promised.

The minister also visited the ongoing road construction leading to the Headquarters of the Economic and Financial Crime Commission and the Body of Benchers building.

The minister noted that the contractor was invited for a meeting on Tuesday to work out ways to complete the road project.

“We have also been to Kabusa Junction, Abuja, where shanties were destroyed by development control. Like we said, we cannot allow shanties to take over the FCT.”

The development control has done well by making sure that the shanties in the area are destroyed and we are going to protect the area to ensure that the miscreants do not return to mess up the place again,” Wike said.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Alleged ₦80.2bn Fraud: EFCC Kicks as Yahaya Bello Seeks Medical Travel Abroad

By Gabriel Udeh The Economic and Financial Crimes Commission, EFCC,...

Why we’re raising concerns over alleged contract scam at NNPCL – Coalition

President Bola Tinubu has been asked to terminate the...

Tinubu Assures Abuja Residents, No More ” One Chance” Attacks

By Joyce Remi-Babayeju President Bola Tinubu has assured Abuja residents...

INEC Sets August 16 for Bye-Elections in 12 States, Resumes Voter Registration

The Independent National Electoral Commission (INEC) has announced August...

Tinubu Hosts Fubara, Wike, Rivers Lawmakers in Fresh Push for Peace

President Bola Tinubu on Thursday convened a closed-door meeting...

Kaduna Govt, SMEDAN Seal N1 Billion Partnership to Support MSMEs

The Kaduna State Government has signed a ₦1 billion...

President Tinubu Appoints Grace Henry as First Female Chair of Nigerian Legion

President Bola Tinubu has appointed Grace Henry, a 60-year-old...

Former Plateau Governor’s Aide Calls for Unity in PDP Amid Internal Rifts

By Israel Adamu, Jos A media consultant to former Plateau...
spot_img

Related Articles

Popular Categories

spot_imgspot_img