Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • About
    • Advertise
    • Contribute
    • Donate
    • Forum
    • Contact
    Login
    InfoStride NewsInfoStride News
    • Home
    • Business
    • Celebrity
    • Crime
    • Nigeria
    • Politics
    • Sports
    • Technology
    • More
      • COVID-19
      • Editor’s Picks
      • Health
      • Opinions
      • Press Releases
      • World
    Subscribe
    InfoStride NewsInfoStride News
    Home»News»African News»West African News»Nigeria News»2nd Niger Bridge: Former Works Minister, Onolememen Faults Oshiomhole’s 140bn Naira Consultancy Fee Allegation | #Nigeria

    2nd Niger Bridge: Former Works Minister, Onolememen Faults Oshiomhole’s 140bn Naira Consultancy Fee Allegation | #Nigeria

    Nigeria News By Wale AdebayoAug 28, 2015Updated:Aug 28, 2015No Comments2 Mins Read
    Facebook Twitter WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte
    Mike-Onolememen
    Arc. Mike Onolememen

    The immediate past Minister of Works, Arc. Mike Onolememen, has denied the allegation by Governor Adams Oshiomhole of Edo State that the Goodluck Jonathan-administration paid the sum of N140bn to consultants for the construction of the Second Niger Bridge.
    The ex-minister, who made the denial in a statement signed by his media aide, Mr. Tony Ikpasaja, on Thursday, accused the governor of misleading Nigerians with “wild and spurious” allegations.

    The statement noted that the Second Niger Bridge was a Public Private Partnership project being executed on the Design, Build, Finance, Operate and Transfer model at the cost of N108bn and that only N10bn, out of the refundable N30bn funding from Federal Government, was paid through the Subsidy Reinvestment and Empowerment Programme.

    The statement reads in part: “The Federal Government of Nigeria, guided by the Transaction Adviser, Roughton International, agreed to provide a refundable Catalytic Funding of N30bn. By May 2015, N10bn Catalytic Funding was paid from the Federal Ministry of Works’ SURE-P Budget to fast-track the early and sub-structural works of the bridge. This implies that the successful concessionaire, JB-NSIA Consortium, has responsibility for the design, finance and construction of the project, as well as its operation.

    See also  No Land Owner Would Be Denied His/Her Statutory Rights - Rochas Okorocha

    “The total project cost is N108bn (excluding duties and Value Added Tax) with a completion period of about 48 months. This cost was arrived at, after BPP’s (Bureau of Public Procurement) review of the concessionaire’s submitted cost of N138bn.

    “The bridge located at about 2km downstream the existing Niger Bridge in Onitsha, has recorded impressive progress. One wonders therefore, the intentions of Governor Adams Oshiomhole in deliberately misinforming Nigerians on the true status of the 2nd Niger Bridge”.

    While challenging Gov. Oshiomhole to disclose his source of information on the said amount, Mr. Onolememen also asked him to apologise to Nigerians for the false claim.

    See also  APC Hails PDP Over Suspension Of Adamawa Party Rally

    He expressed disappointment in Oshiomhole, saying “As a senior public officer in the rank of a governor, it is expected that the comrade governor would have cross-checked his facts before jumping to make such wild and spurious allegations. Otherwise, Governor Oshiomhole should tender unreserved apology to Nigerians for misleading the public on this project”.

    Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate

    Adams Allegation Consultancy Fee denied Ex-Works Minister Governor immediate MIKE Mike Onolememen Minister Niger Bridge Onolememen Works
    Share. Facebook Twitter WhatsApp Pinterest Reddit Tumblr VKontakte Email LinkedIn

    Related Posts

    Anambra: Women leader allegedly sacked for supporting LP in 2023 election

    May 28, 2023

    Ganduje to hand over to new Kano govt today over Tinubu’s inauguration

    May 28, 2023

    Ogunewe not our Imo governorship candidate – Action Alliance

    May 28, 2023

    Stop using social media to bully us – Supreme Court warns PDP

    May 28, 2023
    Add A Comment

    Comments are closed.

    Get Social with Us
    • Facebook
    • Twitter
    • Pinterest 94
    • Instagram
    • YouTube
    Latest Posts

    My Father Is The Reason Nigeria Has Internet – Eldee

    May 28, 2023

    Rashford Can Still Improve His Game – Erik ten Hag

    May 28, 2023

    God Will Bless Blessing Okoro’s New Age – IVD

    May 28, 2023

    MUFC Must Be Difficult To Break Down In The FA Cup Final – Rooney

    May 28, 2023

    Subscribe to Updates

    Get the latest breaking news straight into your inbox!

    Random News

    People Hate Me Because I Am Real – Neymar

    Aug 21, 2019

    Day of Persons with Disabilities: FG sets to review rehabilitation policy

    Dec 8, 2014

    The Only 3 in 1 Portal Offering Networking, Crowdfunding, Revenue-Share Projects and Pre-Accelerator Has Been Launched

    Jul 2, 2014

    Global Technology Sales Solutions Announces Partnership with Connect Leader [Press Release]

    Apr 9, 2016

    InfoStride News delivers the latest breaking news, Nigeria news, world news and top stories on business, celebrity, entertainment, politics, sports, technology and more. Experience the best of in-depth coverage, special reports, football highlights, political opinions, crime watch, celebrity gossips etc.

    GooglePlay Store Button

    Support InfoStride News' Credible Journalism

    Credible journalism involves a lot of efforts and money; and can guarantee a fair, accountable and transparent society, including democracy and government. We need your support to continue offering free access to our loyal readers and visitors like you.

    Click here to Donate

    Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • Our Terms
    © 2023 InfoStride News. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Continue with Facebook
    Continue with Google
    Continue with Twitter
    Lost password?