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Independentng.com homepage - Home of Independent Newspapers Nigeria LimitedLagosians praise LASTMA for effective traffic control

Tuesday, October 12th, 2004 HOME | Previous Page

NPA sets aside N3.2billion to pay contractors

By Muyiwa Dare

Maritime Reporter, Lagos

 

The management of the Nigeria Ports Authority (NPA) has denied alleged plans to stop the payment of money owed contractors, saying N3.2 billion ($21.3million) has been dedicated in three separate accounts for the purpose.

Three executive directors of the NPA, Messrs Abba Mohammed, Desmond Akawor and Wasiu Yaro, at a meeting with the contractors that were owed by the organisation explained that management is only trying to ensure that payments are made to contractors for jobs verified by the Ministerial Contracts Verification Committee, without delay.

The Executive Director of Finance, Abba Mohammed attributed the delay in the payment to the directive from the Presidency through the Economic and Financial Crimes Commission (EFCC) that suspended all payments to contractors for jobs executed between 2001 and 2003.

Another reason he gave for the delay in the payment was a further directive by the EFCC that 25 per cent of the total sum be deducted at source and paid into an account identified by the commission.

He informed the contractors of the efforts by the Managing Director of the NPA, Chief Adebayo Sarumi, on the lifting of the ban through official correspondence and personal contacts with the officials of the commission, in an effort to cushion the suffering of the contractors.

The directors assured the contractors that since they are stakeholders in the NPA family, there is no way the organisation could short-change or frustrate them.

They also urged the contractors to realise that things have changed for the better in the organisation and advised that they should be keeping in touch with the organisation from time to time to keep themselves abreast of happenings on the issue.

Responding , the spokesman of the contractors, Mr. Taju Owoyemi thanked the Management of the NPA for granting them audience and appealed that the organisation should dialogue with EFCC to facilitate speedy payment.

He also called on the Minister of Transport , Dr. Abiye Sekibo to release the final batches of the bills already verified by the Ministerial Committee to enable NPA effect their payments.

 

 

 

 

 

 

 


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