The Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike, has threatened to blacklist Setraco Nigeria Ltd for allegedly asking for contract variation on the ongoing construction of Ring road 1 segment of the Southern Parkway, connecting Area 11, Central Area, Area 3 and Durumi as well as Nnamdi Azikiwe Expressway axis of the nation’s capital city.
Wike, who issued the threat on Wednesday, during an inspection of some heavily funded road projects, reiterated that issue of variation is not on the table, as it would not be accepted by the FCT Administration under his watch.
He said that from the records, FCTA had paid 97% for the project, but the company failed to provide street lights, and upon inquiry, the company’s Managing Director talked about variation on the contract.
He added that the FCTA and Setraco along with other construction companies handling FCT projects had agreed on the funding pattern, which it has not failed to follow so far.
According to him: “Remember when I came on board, I had to call most these companies, and I asked them; will you be able to complete some of these projects, as part of our President’s one year anniversary since he was inaugurated? We agreed on the funding pattern, and I can authoritatively tell you that we have not failed.
“When I asked them about the street lights, he (the company’s Managing Director) talked about variation. From the records that I have, we have paid 97%.
“Of course, you know I will never accept that, because we have funded the project very well without any failure on our part. I have told them categorically clear that there cannot be any variation on that project.
“And if they don’t complete on time, I’m going to blacklist the company, that’s the truth of the matter. Nobody will toy with us; nobody will try to out smart us; and we are not going to accept it.”
He however, said what Setraco are doing is quite comprehensive, which will change the landscape of that area, adding “the quality of the job that the company is carrying out is good.”
On his part, the Managing Director, Setraco Nigeria Ltd, Ziad Mouannes, who received the Minister and his encourage, insisted that the company be given the opportunity to have a meeting with the officials of the FCTA to discuss and settle the matter of contention.
According to Mouannes, the company remains committed to the project, hence it was open for further engagement with the FCTA, in order to reconcile and rectify the street light issue.
