Niger Delta Development Commission Demands Refund From Unexecuted Contracts Awarded

May 25, 2022 · 44s
Niger Delta Development Commission Demands Refund From Unexecuted Contracts Awarded
Description

The Niger Delta Development Commission has cancelled unexecuted projects awarded between 2000 and 2019. Contractors are thus expected to refund the monies for the projects. The NDDC says the development...

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The Niger Delta Development Commission has cancelled unexecuted projects awarded between 2000 and 2019. Contractors are thus expected to refund the monies for the projects.
The NDDC says the development followed a directive from the presidency.
It added that the cancellation is subject to any future re-award in accordance with the Public Procurement Act and in line with the terms of the contracts for the award of the said projects.
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Information
Author Africa Business Radio
Organization Africa Business Radio
Website -
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