ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Uncategorized

Road Construction: No payment was made for controversial Osun road under Buhari – Fashola

Business 360 by Business 360
April 20, 2021
in Uncategorized
0

The Minister of Works and Housing, Mr. Babatunde Fashola has responded to a petition sent to the Senate by the Redeemed Christian Church of God (RCCG), alleging a fraudulent payment of N151 million by the ministry for a project the church did as part of its Corporate Social Responsibility (CSR) in Osun State.

Pastor Enoch Adeboye’s RCCG had raised the alarm over the alleged reimbursement to the construction firm, Cartil Construction Nigeria Limited, insisting that the company claimed the sum of N151,508,901.22 as payment for the rehabilitation of the Ife-Ifewara road, which the church constructed.

The church urged the senate to compel the firm to refund the money it collected to the coffers of the federal government, saying it was shocked when it found out that somebody was trying to defraud the Nigerian state by claiming money for a project he never executed.

But appearing before the Senate Committee on Ethics, Privileges and Public Petitions, in Abuja, Fashola maintained that no payment had been made by the current administration with respect to the rehabilitation of the road.

A statement by the Director, Press and Public Relations in the ministry, Boade Akinola, quoted the minister as telling the lawmakers that the contract was awarded to Cartill Construction five years before the Muhammadu Buhari administration and six years before he was appointed as minister of works and housing.

The statement added that Fashola countered the allegation by the RCCG that monies were paid to the contractor, saying that the then minister of works only approved the mandatory 15 per cent mobilization fee on 31st March, 2011.

He explained another payment was made after the work had reached about 26.21 per cent on December 29, 2011, stressing that the payments were made four years before the Buhari’s administration.

Fashola said the ministry did not make any refund or certify any work done between 2016 and 2019, adding that the road in question was not a federal road but was initiated as a parliamentary constituency project which was domiciled in the budget of the ministry.

Fashola maintained that there was no basis for the petition by way of facts or evidence, explaining that there are procedures to be followed in intervening when it relates to federal and state roads.

The statement further quoted Pastor Niyi Adebanjo, who sent in the petition on behalf of the general overseer, as apologising to the minister saying that the petition was not targeted at him.

It stated that Adebanjo said the petition was only meant to expose some perceived sharp practices, stressing that the church was of the opinion that the federal government approved another payment for the road which was indeed rehabilitated free of charge.

“The rehabilitation of the road was awarded and paid for by Pastor Enoch Adeboye, hence any further claim by any company should be seen as illegal and unjust.

“The ministry of works and housing deserves an apology from us and because the whole world is listening to us, I tender that apology unreservedly,” the ministry spokesperson quoted him as saying.

The Chairman of the Committee, Senator Patrick Akinyelure, in his remarks, said the purpose of the public hearing was to clear all grey areas regarding payments that were alleged to be paid by the ministry and not to witch-hunt anybody. [This Day]

Previous Post

FG to meet Judiciary parliamentary workers today

Next Post

India records World’s highest one-day surge in Covid cases

Business 360

Business 360

Next Post
India records World’s highest one-day surge in Covid cases

India records World’s highest one-day surge in Covid cases

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

June 5, 2025
Asian Stocks Dip as Investors Await Key US Payrolls Data

Asian Stocks Dip as Investors Await Key US Payrolls Data

June 5, 2025
Nigeria-China Partnership to Revive Ajaokuta Steel Under Zero-Cost Investment Model

Nigeria-China Partnership to Revive Ajaokuta Steel Under Zero-Cost Investment Model

June 5, 2025
Internet Subscribers Hit 141.9 Million as GSM Dominates Connectivity

Internet Subscribers Hit 141.9 Million as GSM Dominates Connectivity

June 5, 2025
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

June 5, 2025
Asian Stocks Dip as Investors Await Key US Payrolls Data

Asian Stocks Dip as Investors Await Key US Payrolls Data

June 5, 2025
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!