Is this how APC want to rule Nigeria?See how an APC Governor of Ogun State Mortgage our future with Debts within 3years. This will shock you! Project: Sagamu/Benin Express Junction/Oba Erinwole Road Contractor: P.W Nigeria Limited Contract Sum: N8,046,000,000.00 Amount Paid: N4,500,000,000.00 Outstanding Balance: N3,546,000,000.00 Project: Ilara/Ijohun/Ilase Road Contractor: P.W Nigeria Limited Contract Sum: N13,500,000,000.00 Amount Paid: N2,500,000,000.00 Outstanding Balance: N11,000,000,000.00 Project: Ejirin-Oluwalogbon Junction Contractor: P.W Nigeria Limited Contract Sum: N6,698,490,827.58 Amount Paid: N2,000,000,000.00 Outstanding Balance: N4,698,490,827.28 Project: Ilo Awela Road Contractor: CCECC Contract Sum: N4,946,069,512.58 Amount Paid: N2,000,000,000.00 Outstanding Balance: N2,946,069,512.58 Project: OGTV brewery Junction Road Contractor: CCECC Contract Sum: N13,886,000,000.00 Amount Paid: N4,500,000,000.00 Outstanding Balance: N9,386,000,000.00 Project: Lafenwa Aiyetoro Road Contractor: CCECC Contract Sum: N6,500,000,000.00 Amount Paid: N1,000,000,000.00 Outstanding Balance: N5,500,000,000.00 Project: Ojere-Adatan Roundabout Contractor: CCECC Contract Sum: N7,832,704,250.00 Amount Paid: N2,400,000,000.00 Outstanding Balance: N5,432,704,250.00 Project: Ikangba/Ilese Road Contractor: P.W Nigeria Limited Contract Sum: N12,000,000,000.00 Amount Paid: N0.00 Outstanding Balance: N12,000,000,000.00 Project: Abeokuta-Sagamu Road Contractor: CCECC Contract Sum: N60,000,000,000.00 Amount Paid: N0.00 Outstanding Balance: N60,000,000,000.00 Project: Mowe-Ofada-Ibafon Road Contractor: CSCC Contract Sum: N13,250,000,000.00 Amount Paid: N1,500,000,000.00 Outstanding Balance: N11,750,000,000.00 Project: Sango/Ijoko/Ojodu-Abiodun Road Contractor: CSCC Contract Sum: N34,982,553,167.40 Amount Paid: N2,000,000,000.00 Outstanding Balance: N32,982,553,167.40 Project: Moshood Abiola Way Contractor: Hi-Tech Contract Sum: N5,950,000,000.00 Amount Paid: N2,000,000,000.00 Outstanding Balance: N3,950,000,000.00 Project: Papa/Ilaro Road Contractor: Hi-Tech/CSCC Contract Sum: N12,852,560,509.49 Amount Paid: N0.00 Outstanding Balance: N12,852,560,509.49 Project: Ilishan/Ago-Iwoye Road Contractor: Borini Prono Contract Sum: N7,321,970,000.00 Amount Paid: N2,000,000,000.00 Outstanding Balance: N5,321,970,000.00 Project: Magboro Under Pass Road Contractor: First August Contract Sum: N3,321,970,000.00 Project: Moshood Abiola Way/Muda Lawal Stadium Road Contractor: First August Contract Sum: N686,482,500.00 Amount Paid (For both contacts) : N436,500,000.00 Outstanding Balance (For both contracts): N3,404,427,925.00 Project: Ijebu Igbo Township Road Contractor: Borini Prono Contract Sum: N7,900,000,000.00 Amount Paid: N0.00 Outstanding Balance: N7,900,000,000.00 Project: Fly Over-Bridge @ Lagos Garage Contractor: Kepxing Contract Sum: N1,389,655,120.00 Amount Paid: N1,194,827,560.00 Outstanding Balance: N194,827,560.00 Project: Fly-Over Bridge @ Mobalufon Contractor: Kepxing Contract Sum: N1,389,655,120.00 Amount Paid: N1,194,827,560.00 Outstanding Balance:N194,827,560.00 Project: Bridge Over Yakoyo River Contractor: Kepxing Contract Sum: N3,164,447,582.10 Amount Paid: N510,344,880.00 Outstanding Balance: N2,654,102,702.10 Project: Bridge Over Abule Ekun River Contractor: Veapo Contract Sum: N3,863,640,028.50 Amount Paid: N500,000,000.00 Outstanding Balance:N3,363,640,028.00 Project: Moriamo Olorombo Road Contractor: SKTOBS Contract Amount: N146,000,000.00 Amount Paid: N20,000,000.00 Outstanding Balance: N126,000,000.00 Project: Somorin/Ajebo Road Contractor: Zebra Gold Contract Amount: N3,610,550,000.00 Amount Paid: N0.00 Outstanding Balance:N3,610,550,000.00 Total Sum of Contract -N233,762,706,542.35 Total Amount Paid as @ 31st December 2013 –N30,256,500,000.00 Total Outstanding Balance owed Contractors as @ 31st December 2013– N203,506,206,54 2.35 (Two Hundred & Three Billion, Five Hundred & Six Million, Two Hundred & Six thousand, Five Hundred & Forty Two Naira, Thirty Five Kobo ONLY)
Posted on: Wed, 16 Apr 2014 06:34:46 +0000
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