FG incurs N956billion outstanding liabilities on road, housing projects – Fashola


The Minister of Works and Housing Babatunde Fashola has said that the Outstanding liabilities owed contractors handling road and housing projects across the country stands at N956 Billion as at September 2022.

Fashola who said this on Wednesday at separate 2023 budget defence sessions  with the Senate Committees  on Works and Housing , also lamented drastic budget cuts earmarked for the two sectors in the 2023 fiscal year .

Specifically in his submissions before the Senate Committee on Housing , Fashola said the National Housing Project which started in 2016 has been executed in 35 out of 36 states of the federation with 1,250 contractors .

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