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Fashola finally release names companies that fails to execute contracts

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Minister for Works, Power and Housing, Raji Fashola, has finally released the names of companies that failed to execute contracts after receiving payment from government.

 The Ministry’s letter with reference number FMP/LU/R2K/2016/T/40 and signed on Mr Fashola’s behalf by the Permanent Secretary (Power) Louis O.N. Edozien, was sent to SERAP last week.

The letter reveals that: “Pow Technologies Limited, an Abuja based company, was in 2014 awarded a contract for the supply and installation of test and maintenance equipment relays, etc to various NAPTIN regional training centers (RTCs) (LOT15), with the total contract sum of N87,763,302.40, out of which N79,404,892.66 was paid to Pow Technologies Limited.”

Click the link below see names of the companies:

letter

According to the Ministry’s letter, although the contract was awarded in 2014, only 13 of the 19 items have so far been supplied, with 6 items outstanding.

Fashola finally release names companies that fails to execute contracts

The details of the 6 items that Pow Technologies Limited has allegedly failed to supply are not provided by the Ministry but the letter indicates some of the action the Ministry said it has taken to ensure: “completion of the project, address criminal breach of contract and take remedial action.”

The Ministry said that while the contractors undertook to take remedial action, they have failed to complete the project for which funds have been released.

The Ministry pointed out that it submitted a petition to the Commissioner of Police, Abuja on 13thJanuary 2016, and that the police instituted a case for the prosecution of Messrs Pow at the Upper Area Court.

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