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Economic development

Minister Orders Termination of Contract with Levant Construction Ltd

Strategic Insights

— 1 min read

The Minister of Works, Senator David Umahi, has terminated the contract with Levant Construction Ltd, handling the reconstruction of Benin-Sapele-Warri Road (Section 1: Benin - Imasabor), over non-performance. The contract was being executed under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. Umahi expressed disapproval over Levant's failure to live up to expectations and threatened to take the matter to the EFCC if necessary.

Key Takeaways:

  • The contract with Levant Construction Ltd has been terminated due to non-performance, with the Minister expressing disapproval over the company's failure to meet expectations.
  • The project was being executed under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.
  • Despite warnings and notices, Levant Construction Ltd failed to respond, leading to the decision to terminate the contract.
  • The Permanent Secretary has been directed to get the job properly terminated and write a letter for joint measurement.
  • Levant Construction Ltd will be requested to repay the Advanced Payment Guarantee (APG).
  • SKECC Nigeria Ltd and GELD Construction Ltd, who were working on other sections of the road project, have agreed to redouble their efforts.
  • The Minister expressed satisfaction with the outcome of discussions with SKECC Nigeria Ltd and GELD Construction Ltd.
  • The Governors of Delta State and Edo State have intervened on some kilometers of the road project.
  • The Renewed Hope administration is committed to inclusive development across the six geo-political zones, with 52% of the four legacy projects located in the North and 48% in the South.

Statistics:

  • 52% of the four legacy projects of President Tinubu are located in the North.
  • 48% of the four legacy projects of President Tinubu are located in the South.
  • The Abuja-Kaduna-Zaria-Kano road is one of the numerous road projects in the North.
  • The Sokoto-Zamfara-Katsina-Kaduna road and the Kano Northern Bypass are also being executed in the North.

Sources:

  • "Senator David Umahi, on his official Facebook handle.
  • "The Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme."

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