Real Estate

FG to Blacklist Defaulting Contractors in Housing Sector

The Ministry of Housing and Urban Development has met with  contractors handling its various housing projects across the country, aimed at accelerating the pace of work and ensuring the timely delivery of projects in line with contractual obligations.

According to a statement in Abuja by the Director Information and Public Relations, Badamasi Haiba, the meeting was presided over by the Permanent Secretary, Shuaib Belgore, alongside directors of the ministry’s project departments.

Addressing the contractors, Belgore stressed the determination of the ministry to enforce strict compliance with contract provisions and procurement regulations.

He warned that the ministry would not hesitate to apply necessary sanctions against defaulting contractors, including the issuance of formal queries, recovery of mobilisation funds, forfeiture of guarantees, blacklisting, termination of contracts, and, where necessary, reporting to the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

“This engagement is not only to emphasise the importance of timely delivery of projects but also to put contractors on notice that the ministry will take all necessary steps to protect government investments and ensure value for money,” Belgore said.

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