THE Minister of Works, David Umahi, has issued a seven-day ultimatum to Julius Berger to accept the Federal Government’s offer of N740.79bn for the completion of the 82km section II of the Abuja-Kaduna-Zaria-Kano road.
The ultimatum was issued during a courtesy visit to the Minister by the new Managing Director of Julius Berger Plc, Dr Pier Lubasch, accompanied by the outgoing Managing Director, Dr Lars Richter, at the Ministry Headquarters in Abuja.
A statement later signed by the Special Adviser (Media) to the Minister of Works, Orji Uchenna, on Wednesday, said the company risks termination of the contract if it does not accept the offer.
“The Honourable Minister of Works, His Excellency, Sen. Engr. Nweze David Umahi, CON has for the umpteenth time called on Julius Berger Plc. to show corporate patriotism by accepting the Federal Government’s approved reviewed total contract sum of ₦740, 797,204,713.25 (Seven Hundred and Forty Billion, Seven Hundred and Ninety-Seven Million, Two Hundred and Four Thousand, Seven Hundred and Thirteen Naira, Twenty-Five Kobo for the completion of t
